Full List Of Stories
James Latham reports strong start to the year
James Latham had a strong start to the year after the timber and panels merchant reported a 10% increase in annual profit.
Tandem revenue crashes on weak consumer spending
Tandem Group has warned revenue fell about 30% in the first half of 2018 as retailers reduced orders amid weak consumer spending.
BoE orders City bosses to crack down on crypto-assets
The Bank of England has ordered the bosses of banks and other financial companies to strengthen checks on crypto-assets such as Bitcoin and not to link pay to risky dealing in those instruments.
Accountancy regulator investigates Deloitte's auditing of SIG
The Financial Reporting Council has started an investigation into Deloitte’s audit work for SIG, the building supplies company that admitted overstating profits after a whistleblower raised the alarm.
BoE reports stronger retail sales but weaker consumer services
Retail sales have picked up but demand for consumer services is being held back by squeezed incomes and political uncertainty, according to the Bank of England’s latest survey of business conditions.
World Cup and warm weather revive Greene King sales
The World Cup and the arrival of summer weather have helped revive sales at Greene King after squeezed household budgets and rising costs drove profit down in the brewer and pub operator’s last financial year.
Petrofac sells Chergui gas field stake to Perenco
Petrofac has agreed to sell its stake in Tunisia's Chergui gas field to Perenco as the UK energy company disposes of peripheral assets to conserve capital.
BCA reports healthy trading after third record year
BCA Marketplace said it was trading well as the car auction house and owner of WeBuyAnyCar. com reported a strong rise in annual profit.
Nicky Morgan demands information on HBOS scandal reviews
The Treasury committee has demanded more information about reviews of the HBOS Reading scandal after the publication of a report criticising Lloyds Banking Group’s handling of the matter.
FCA raises fresh concerns about overdraft fees
The Financial Conduct Authority has raised fresh concerns about how overdraft fees pay for current accounts and suggested tougher action could be in store.
BoE calls on Brussels to do its bit to reduce Brexit risks
The Bank of England has called on the EU to match the UK's actions to deal with continuing risks of disruption to financial services from Brexit.
Whitbread reports declining sales trends at Premier Inn and Costa
Whitbread said it expected annual results to meet expectations as the company reported declining like-for-like sales at its Premier Inn and Costa businesses in the first quarter.
Tavistock earnings more than double as company reports first profit
Tavistock Investments’ annual earnings more than doubled as the investment management company reported its first full-year profit.
Countryside sees 10-15% growth in completions over medium term
Countryside Properties said it expected annual property sales to increase by 10-15% or more over the medium term as the housebuilder and developer said it was trading in line with expectations.
IWG warns annual profit will miss expectations
IWG warned annual profit would be up to £20m lower than the serviced office group had expected because of weak performance at its UK business and short-term losses from opening new sites.
Bank of America gets ready to move London jobs to Paris
Bank of America is pressing ahead with moving some of its investment bank to Paris to prepare for Brexit by appointing three senior managers who will move there in 2019.
Peppa Pig's global march continues for Entertainment One, JP Morgan says
Peppa Pig has become a global brand, reinforcing the appeal of the character’s owners Entertainment One, JP Morgan analysts said.
GE to spin off healthcare and sell Baker Hughes stake
General Electric will spin off its healthcare division and sell its stake in Baker Hughes, the oil services company, as the ailing US conglomerate sheds peripheral businesses and seeks to cut its debt.
Goldman Sachs forecasts England will reach World Cup final
England are likely to play Brazil in the World Cup final, according to economists at Goldman Sachs.
Home lending driven by spike in remortgage deals
Mortgage lending rose in May as borrowers sought cheaper deals while approvals for house purchases fell as economic activity remained subdued.