Latest News

Revolut targets FTSE 250 firms in corporate banking push


By Goran Nastic

Revolut is stepping up its challenge to the UK’s established corporate banks by targeting companies in the FTSE 250


Highlighted Content

Why the most effective default pension investments are built to evolve

For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.


Story 2

Goodwin agrees to sell part of defence arm for £1.1bn

Goodwin has agreed to a £1.1bn acquisition offer from an affiliate of the US global alternative investment firm, Cerberus, for part of its mechanical engineering division

Story 3

Victrex ups guidance following headcount reduction

Victrex has increased its profit guidance in its pre-close trading update, following a 10% reduction in its headcount

Story 4

United Utilities fined record £900k following sewage spill

United Utilities has been hit with a record £900,000 fine and ordered to pay a total of £964,225 including costs after a major sewage pollution incident along Lancashire's Fylde Coast in June 2023

Story 5

Dunelm unveils £100m efficiency plan as hot weather hits sales

Dunelm shares fell around 12.6% as the homeware retailer warned that trading in the first six weeks of FY2027 had been “significantly softer” following a period of "unusually hot weather".

Despite a challenging consumer environment, the UK's leading homewares retailer delivered higher sales, maintained profits, improved cash generation and unveiled a new growth strategy under CEO Clo Moriarty

Story 6

Computacenter shares drop despite record performance

Shares in Computacenter dropped by more than 5% earlier today after it reported a committed product order backlog of £9.3bn, marking an annual increase of 323.2% in the six months to 30 June

Story 7

80 Mile agrees to merge with Greenland Energy

80 Mile has agreed terms for a proposed all-share merger with US-based Greenland Energy, valuing the AIM-listed company at £61.48m

Story 8

Fuller’s acquires 10 pubs for £35.25m

Fuller’s has announced that it has exchanged contracts to purchase 10 pubs from Stonegate Group for a total purchase price of £35.25m before fees and taxes

Story 9

JLR to cut 4,000 jobs

Jaguar Land Rover plans to cut around 4,000 jobs globally over the next two years as it seeks to save £1.7bn amid falling sales, US tariffs, intense competition and the financial impact of last year’s cyber-attack

Story 10

Gamma agrees to £1.08bn private equity takeover offer

Gamma Communications has agreed to a £1.079bn takeover offer from the London-based private equity firm, Epiris.

The recommended cash offer for the FTSE 250 British telecoms firm comprises an offer of £11.20 per Gamma share, representing a 53% premium on its closing share price on 7 April, which is the last prior day to the commencement of an offer period.

M&G operating profit jumps 15% in H1

M&G has reported a 15% year-on-year increase in its operating profit in the first half of the year, totalling £435m
TT Electronics shares jump as it ups profit expectations

Shares in TT Electronics increased by over 12% after the firm stated that its full-year adjusted operating profit is set to be ahead of current market expectations
Standard Life posts 25% profit jump as Aegon UK deal advances

Standard Life’s IFRS adjusted operating profit climbed 25% year-on-year to £563m in H1 2026, up from £451m a year earlier


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