Company News
Nearly 29% of UK supermarket packaging is not recyclable
A Which? investigation has found a third of plastic packaging in supermarkets is not recyclable. Morrisons was found to be the best at using recyclable packaging while Lidl showed the worst results.
Persimmon homeowners warn off buyers in new snagging row
A couple have put up signs warning potential house-buyers to avoid purchasing properties on their estate in Newquay, Cornwall, due to a dispute with Persimmon Homes.
Burberry destroys £28.6m of stock to battle counterfeiting
Burberry destroyed unwanted stock worth £28. 6m in its last financial year to avoid it falling into hands of forgers or finding its way onto other shelves or websites.
Uber hires first chief privacy officer
Uber has hired its first chief privacy officer ahead of the ride hailing appmaker's planned initial public offer next year.
Be Heard's issues profit warning
Digital marketing services firm Be Heard Group plummeted on Thursday after the group warned that full year profits would be lower than last year despite strong revenue growth.
DekelOil dives after 'poor harvest' scuppers production
Dekeloil Public saw its share price dip on Thursday after a poor harvest resulted in year-on-year decreases in fruit collection and sales of palm oil.
Frontier's Jurassic World Evolution game exceeds 1m sales
Independent videogame developer and publisher Frontier Developments’ Jurassic World Evolution game has sold more than 1m units in less than six weeks.
Sports Direct profits plunge due to investments, 'elevation' gains traction
Sports Direct reported a 3. 5% improvement in annual revenue to £3. 36bn for the year to 29 April but a 72. 5% plunge in profit before tax to £77. 5m.
Hackney council clamps down on nightlife with new curfew
Nightlife in the London borough of Hackney is under threat after the local council voted in favour of a clamp-down, including curfews and prevention of granting of new licences.
Audioboom narrows loss as is strives for profitability
Podcast platform Audioboom issued its unaudited half-yearly results for the six months ended 31 May on Thursday, reporting a 43% improvement in revenue to £2. 6m year-on-year.
Royal Mail shareholders vote against new CEO's pay package
Royal Mail shareholders have voted against the company's pay packages for top executives.
Friday preview: Beazley half-year profits expected to tumble
Friday should end the week in fairly quiet fashion with FTSE 350 results only expected from insurer Beazley and economic data for the UK on public sector borrowing.
Comcast drops Fox offer to focus on pursuit of Sky
Comcast will focus on bidding for Sky after dropping its interest in 21st Century Fox, the US network said on Thursday.
Domino's Pizza leaves bad taste as sales miss expectations
America's Domino’s Pizza, the world’s largest pizza company, surprised Wall Street on Thursday after second-quarter sales missed expectations.
Rare books dealer Scholium returns to profit in preliminary results
Rare books, art and collectibles dealer Scholium posted its preliminary results for the year ended 31 March on Thursday, reporting a 10% improvement in revenue to £6. 7m.
De La Rue appoints Helen Willis as permanent CFO
Banknote printer De La Rue has appointed Helen Willis as chief financial officer with immediate effect.
Volvo Cars profits power up ahead of possible IPO
Volvo Cars said it was on track for another record year after second-quarter profits motored ahead.
EKF Diagnostics to manufacture for Oragenics
Point-of-care business EKF Diagnostics Holdings has signed an exclusive agreement with Florida-based biopharmaceutical company Oragenics, it announced on Thursday, for the manufacturing of Oragenics' lantibiotic bulk drug substances in the United States.
IBM maintains forecasts after decent second quarter
International Business Machines - better known as IBM - posted its second quarter results on Thursday, reporting a 4% improvement in revenue year-on-year, and a “strong” profit performance.
Speedy Hire Q1 revenues rise, new chairman appointed
Equipment rental company Speedy Hire reported a rise in first-quarter revenue on Thursday as it announced the appointment of a new chairman.