Latest News

CMA caps vet prescription fees following market investigation


By Dan McGrath

The Competition and Markets Authority (CMA) has set out its final reforms to the veterinary services market, which includes a cap on prescription fees and written policy practices.

The regulator launched a review into the market in 2023 after identifying several concerns that pet owners are often unaware of the prices of commonly used services


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Fever-Tree revenue increases in ‘pivotal’ year

Fever-Tree has recorded a 2% year-on-year increase in its revenue, totalling £375.3m in 2025, in what the firm described as a "pivotal" year

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Applied Nutrition reiterates guidance despite Middle East disruption

Applied Nutrition has reiterated its revenue guidance for its 2026 financial year, despite the current disruption to shipping routes in the Middle East

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Spire Healthcare shares drop as takeover offer talks fail

Shares in Spire Healthcare have fallen by 18% after talks over a potential takeover deal with Bridgepoint and Triton were terminated

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FCA opens investigation into Market Financial Solutions

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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Kingfisher profits jump 6% in full-year results

Kingfisher has recorded a 6% increase in its profit before tax, reaching £560m in the year to 31 January

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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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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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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

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
Panasonic UK Pension Plan signs £140m buy-in with M&G

The Panasonic UK Pension Plan has completed a £140m bulk purchase annuity (BPA) deal with M&G
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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