Latest News

FCA opens investigation into Market Financial Solutions


By Michael Griffiths

The Financial Conduct Authority (FCA) has opened an enforcement investigation into Market Financial Solutions.

The mortgage and buy-to-let lender entered administration on 25 February after citing an “unexpected banking-related issue”


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Unilever confirms approach for its foods business

Unilever has confirmed it has been approached by US food company, McCormick, in regard to a potential sale or merger of its foods business

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Asset sales support Smiths’ revenue rise

Smiths Group has reported organic growth in both revenue and profits in its opening half results, as the engineering company said its sales of Smiths Interconnect and Smiths Detection had helped reshape its portfolio

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Bank of England holds interest rates at 3.75%

The Bank of England (BoE) has chosen to hold interest rates at 3.75% in the wake of the economic impact of the war in the Middle East

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Wetherspoons issues profit warning in half-year update

Wetherspoons has seen its share price drop by over 11% after it stated that consumer finance pressures may impact its profit expectations for the current financial year

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IG hits record revenue in 2025

IG Group’s revenue increased by 7% year-on-year in 2025, beating expectations to reach a record £1.12bn

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BP offloads German refinery as part of cost-cutting drive

BP has announced the sale of a refinery in Gelsenkirchen, Germany, as part of an effort to trim down costs across the group

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DFS doubles profits despite subdued market

DFS has seen its profit before tax almost double in its first half to £30.3m, despite operating in what it described a "subdued" market

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PIC writes £6.8bn of new business in 2025

Pension Insurance Corporation (PIC) has revealed that it wrote £6.8bn of new business in 2025 in its latest annual results

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Moonpig to return £65m to shareholders

Moonpig has announced new plans for a £65m share buyback scheme as the online card retailer confirmed it is on track to meet its trading expectations

Wickes outlines plans to expand store footprint

Wickes has announced plans to expand its footprint and reach 300 stores after reporting that its profit came in ahead of expectations last year
Standard Life posts 15% profit boost

Standard Life has posted a 15% jump in IFRS adjusted operating profit to £945m in its latest annual results
Ashtead Technology revenues up 21% but warns of Middle East volatility

Ashtead Technology has announced a 21% jump in revenue to £203.2m in its latest annual results, which the group said had been driven by acquisition activity


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