London Security: Acquisition spree boosts revenue September 13, 2024 London Security has reported a modest rise in revenue, driven by a series of acquisitions across Europe. However, the London-listed company noted that its overall financial performance has been impacted by the weakening Euro, which has offset some of these gains. In the six months ending 30 June 2024, London Security’s revenue increased to £110.9m, [...]
Volvere: Shire Foods owner sees profit rise again as costs stabilise September 13, 2024 Turn-around investment firm and frozen pie maker Volvere has seen its profit more than double after its food manufacturing division saw the cost of raw materials stabilise, it said today. The London-listed company, which owns frozen pie producer Shire Foods, saw its revenue increase to £22.2m in the six months ending June 30, 2024 – a record [...]
FTSE 100 boosted by US inflation print and watering down of banking rules September 12, 2024 London markets received a boost on Thursday morning following a strong performance from US stocks and the Bank of England watering down proposals for new bank capital rules.
UK’s biggest residential landlord praises government’s new Renters’ Rights Bill September 12, 2024 The UK’s largest listed residential landlord Grainger has praised the government’s new Renters’ Rights Bill, which was presented in Parliament on Wednesday. If approved, the bill would introduce a range of measures aimed at balancing the scales between tenants and landlords, as the government pledges to “clean up the mess” left in the rental market by [...]
IG Group: August’s market meltdown boosts revenue September 12, 2024 IG Group has reported a jump in quarterly revenue after a worldwide meltdown in financial markets last month gave its clients more opportunities to trade.
Harworth Group doubles profit as revenue soars from land sales September 12, 2024 Land regeneration specialist Harworth Group has seen its revenue sky rocket following a flurry of land sales. The London-listed developer, which is headquartered in Rotherham in South Yorkshire, saw its revenue hit £41.3m in the six months ending June 30, 2024, up from £18.2m in the same period last year. As a result the company [...]
Kier Group boss ‘confident’ of more dividends as order book nears £11bn September 12, 2024 Kier Group shares have performed exceptionally over the last year, rising over 40 per cent amid strong orders.
Aquis: Challenger London stock market reports ‘meaningful progress’ September 12, 2024 Aquis Exchange has reported increased revenue across the majority of its divisions in the first half of 2024 as the fledgling London bourse battles a "challenging market backdrop".
Burberry: How low will ‘lost’ luxury fashion label’s shares go after FTSE 100 relegation? September 11, 2024 Burberry’s share price just keeps dropping and the decline is has shown almost no signs of slowing down for more than a year. It hit a 15-year low of 565p this week, after reaching a 14-year low in July, after hitting an all-time high of £2,690p last April. It is set to drop out of [...]
Deliveroo shares hop to two-year high as it aims for upmarket move September 11, 2024 Deliveroo shares bounded to a two-year high on Wednesday after the food delivery company announced plans to switch the category of its stock listing, in a move that could attract a wave of new investors. The company is proposing to move its shares from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) [...]