Company News
Petershill Partners AuM rises in Q3
Investment company Petershill Partners said on Tuesday that it was trading in line with full-year expectations, with assets under management rising in the three months ended 30 September.
CRH lifts FY profit guidance; buys Texas assets for $2.1bn
CRH lifted its earnings guidance on Tuesday and said it has agreed to buy a portfolio of cement and ready-mixed concrete assets in Texas from Martin Marietta Materials for $2. 1bn.
UK borrowing up but gives Hunt room for tax policy changes
UK public borrowing came in less than expected in the first seven months of the financial year, according to official data published on Tuesday, a day ahead of finance minister Jeremy Hunt's autumn budget.
Telecom Plus upbeat on strong first-half growth
Telecom Plus, operating under the Utility Warehouse (UW) brand, reported significant first-half growth on Tuesday, with revenue increasing 57. 1% to £883. 6m.
AO World lifts profit targets after impressive first half
Electrical goods retailer AO World has raised its bottom-line guidance for the full year after swinging to a profit in the first half despite a reduction in sales.
Cranswick lifts full-year profit outlook
Food producer Cranswick said on Tuesday that adjusted pre-tax profit for the year to the end of March was set to be at the upper end of market consensus as it posted a jump in interim profit and revenue amid "resilient" demand.
Shell Energy fined £1.4m by Ofcom for consumer protection breaches
Shell Energy has been fined £1. 4m by the UK’s telecoms regulator for failing to tell more than 70,000 mobile phone and broadband customers to review their contracts as they approached expiry.
Workspace swings to £178m first-half loss as valuations sink
London-focused office, industrial and workshop space provider Workspace swung to a big loss in the first half of the year as a result of a £178m reduction in valuations.
Capita announces job cuts to save £20m a year
Business process outsourcing group Capita has announced that it is shedding another 900 jobs by ramping up its cost-saving programme.