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MJ Gleeson reiterates outlook despite ‘subdued’ market


By Michael Griffiths

Housebuilder MJ Gleeson has reiterated its full-year guidance in an opening half trading update despite reporting a “subdued” market for new homes.

The company said a lack of confidence among buyers in the current economic environment had been compounded by recent commentary during the run-up to the Autumn Budget


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Coca-Cola shelves plans to sell Costa Coffee

Coca-Cola has abandoned its plans to sell Costa Coffee following a series of unsuccessful bids from private equity firms

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South East Water faces fresh Ofwat investigation over supply issues

Ofwat has opened an investigation into South East Water following a series of supply interruptions which have left thousands of households and businesses in Kent and Sussex without their water supply

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Johnson Service Group revenue set to rise 4.3%

Johnson Service Group has reported a "resilient sales performance" in the year to 31 December and expects its revenue to increase by 4.3% year-on-year to £535.6m

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Aramark ordered to unwind Entier purchase following competition concerns

The Competition and Markets Authority (CMA) has decided that Aramark must unwind its purchase of UK catering company Entier, following an investigation

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Dunelm shares sink after ‘challenging’ second quarter

Shares in Dunelm have fallen by over 17% after the homewares retailer reported that its second quarter was "more challenging", particularly around Black Friday and continuing into December

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Vidett acquires Bridgehouse Company Secretaries

Vidett has acquired corporate governance firm Bridgehouse Company Secretaries for an undisclosed amount

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Vistry share price knocked despite guidance achievements

Shares in Vistry have fallen by almost 7% despite the firm stating that its profit before tax is set to be in line with expectations in the year to 31 December

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Hays reports 10% decline in net recruitment fees

Hays has reported a 10% year-on-year fall in net fees for Q2 as the recruitment company cited macroeconomic uncertainty and “challenging” conditions in the permanent jobs market

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Whitbread lowers business rates impact in Q3 update

Whitbread has lowered the expected cost impact from the proposed business rate changes in the recent Autumn Budget, from a range of between £40m and £50m to around £35m, in its 2027 financial year

Games Workshop records 10.9% revenue jump

Games Workshop has posted a 10.9% jump in H1 revenue to £332.1m, compared with £299.5m in the corresponding period in 2024
GlobalData anticipates 13% revenue growth ahead of listing

GlobalData has stated that its group revenue is set to increase by 13% to £322m in the year to 31 December
THG returns to revenue growth for first time since 2021

THG has recorded its first year of annual revenue growth since 2021, as the retailer posted a 2.3% revenue rise to £1.72bn in 2025


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