Latest News

Next slates UK economy outlook as H1 profit increases


By Dan McGrath

Next has stated that it expects the UK economy to display "anaemic growth" in the medium to long-term, after the clothing and homeware retailer recorded a 13.8% year-on-year in its profit before tax to £515m.

The firm’s group sales jumped by 10.3% to £3.25bn in the six months to July 2025, beating its previous guidance, while its post-tax earnings per share increased by 16.8% to 330.2 pence


Story 2

Bank of England keeps interest rates at 4%

The Bank of England (BoE) has opted to hold interest rates at their current level of 4%

Story 3

Barratt Redrow revenue increases in ‘tough market’

Barratt Redrow has seen its revenue increase by 33.8% to £5.58bn in the year to 29 June, after operating in what it described a "tough market".

The housebuilder also saw its profit before tax jump by 26.8% to £488.3m, while its profit before Redrow’s purchase price allocation totalled £591.6m, beating expectations

Story 4

Pets at Home shares drop as it lowers profit expectations

Shares in Pets at Home have fallen by over 12% after the retailer lowered its profit expectations for the current financial year

Story 5

Centrica agrees deal with US-based X-Energy to build nuclear reactors in UK

Centrica has announced a new joint development agreement with US firm, X-Energy, to deploy the group’s nuclear advanced modular reactors (AMRs) in the UK.

The pair have identified Hartlepool as the preferred first site for a planned UK fleet of up to six gigawatts

Story 6

Domino’s appoints new CFO

Domino’s has appointed Andrew Andrea as its new chief financial officer (CFO), effective from 16 March 2026

Story 7

Sainsbury’s talks over Argos sale to Chinese retailer collapse

Sainsbury’s has confirmed that its talks with Chinese retailer JD.com over the potential sale of Argos have collapsed

Story 8

AIM showing ‘strong signs of revival’ with £111.8m raised in first five months of 2025

London’s Alternative Investment Market (AIM) is showing strong signs of revival after two quieter years, with £111.8m raised in the first five months of 2025, UHY Hacker Young has highlighted

Story 9

PRS REIT agrees £646m proposed sale of property portfolio

PRS REIT has entered into non-binding terms for the sale of PRS Holdco to Waypoint for a cash consideration of £646.2m

Story 10

UK Bitcoin treasury company announces intention to float

A new UK-based Bitcoin treasury company, B HODL, has announced its intention to float on the AQSE Growth Market

Aldi to invest £1.6bn in UK expansion over next two years

Aldi has committed to investing a record £1.6bn in the UK over the next two years, including plans to open 80 stores
Trainline reports revenue growth as ticket sales steam ahead

Trainline has reported an 8% jump in total sales to £3.25bn on its platform in its first half results
Ultra Electronics Pension Scheme secures £250m full scheme buy-in with Just Group

The Ultra Electronics Pension Scheme has completed a £250m full scheme buy-in with Just Group, securing the benefits of more than 1,750 members


View More News

BANNER

BANNER

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Tick here to confirm you are happy to receive news and promotions sent by Corporate Finance News that you can opt out of at any time.


© 2019 Perspective Publishing     Privacy & Cookies