Company News
Mitie cancels sale of property management business
Mitie Group has pulled out of selling its profitable property management business after a disappointing level of interest from potential buyers.
Stagecoach's Virgin Trains East Coast facing possible strike action
High speed train services between London and Edinburgh could be substantially crippled over the holiday season, as employees of Virgin Trains East Coast start voting on proposed strike action over a pay and conditions dispute.
Mammoth fare rise after year of hell on railways
Commuters are bracing for the biggest fare rise in five years, as the Rail Delivery Group confirms the annual January increase will see ticket prices rise by an average of 3. 4% from 2 January.
Pub closures hit Vianet's first-half revenues
Vianet's revenue fell in the first half after pub closures reduced the number of venues using its beer monitoring service.
Fever-Tree appoints Charles Gibb as North America CEO as it sets up new office
Carbonated mixers maker Fever-Tree has established an office in North America which will be headed up by Charles Gibb.
UK car sales fall for eight month in a row - SMMT
UK new car sales have skidded lower for an eighth consecutive month, entirely from falling demand for diesel vehicles.
IG Group still confident despite growth slowing in second quarter
IG Group, the spreads and stocks broker, saw growth slow in the second quarter after a barnstorming first, though revenues were still higher and costs lower than the same period last year.
Victrex declares bumper dividend after strong year
Victrex said it had kept up its momentum after the maker of polymer products reported full-year results at the top of market expectations.
Provident Financial faces second FCA investigation
Provident Financial's Moneybarn motor finance arm is being investigated by the financial watchdog, the second of the embattled sub-prime lender's businesses to be probed.
BAT reveals second interim dividend ahead of quarterly move
British American Tobacco has declared a second interim dividend of 43. 6p per ordinary share this year, to be paid in February as it makes a move to paying out returns on a quarterly basis.
Wizz Air stats continue to rise as airline expands network further
Central and Eastern Europe-focussed low cost carrier Wizz Air Holdings described another month of expansion as it issued its traffic statistics for November on Tuesday.
Vodafone teams up with SoftBank to improve enterprise services in Japan
Telecommunications giant Vodafone and Japan-based communications investment conglomerate SoftBank Group issued a joint announcement on Tuesday, saying they have entered into a strategic alliance in mobile services for enterprise customers.
Ferguson on track as strong US growth offsets weak UK
Ferguson, the plumbing and heating products supplier, said it was on track to meet annual profit expectations after strong growth in the US offset tough trading in the UK's stuttering housing market during the first quarter.
Wood Group wins multi-million dollar contract with Glaxo in Germany
Wood Group has won a multi-million dollar contract to support GlaxoSmithKline in Germany.