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Wetherspoons returns dividends for first time since COVID


By Dan McGrath

Wetherspoons is set to pay out final dividends to shareholders for the first time since the COVID pandemic.

The pub chain said that as a result of improved trading and financial position of the company, the board has recommended a final dividend of 12 pence per share, equivalent to the 2019 annual dividend


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Tesco posts profit jump and ups full-year guidance

Tesco has posted a 15.8% jump in H1 adjusted operating profit to £1.6bn as the supermarket chain said a focus on value had helped it negotiate the cost of living crisis

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Starling Bank fined £29m for customer screening failings

The Financial Conduct Authority (FCA) has handed a £29m fine to Starling Bank for financial crime failings related to its financial sanctions screening

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JD Sports reaches record revenue in H1

JD Sports has seen its revenue jump by 5.2% year-on-year in the six months to 3 August to £5.03bn, a company record

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AO World to acquire MusicMagpie for £10m

AO World has agreed to acquire the online second-hand retailer musicMagpie in a deal worth an estimated £10m

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DF Capital CFO announces retirement

The chief financial officer (CFO) at Distribution Finance Capital Holdings (DF Capital), Gavin Morris, has stated his intent to retire at the end of 2025

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Mulberry rejects £83m Frasers offer

Mulberry has rejected an £83m offer from Frasers Group to acquire the firm

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Retreat York Pension Scheme agrees £30m buy-in with Royal London

The Retreat York Pension Scheme has agreed a £30m full scheme buy-in with Royal London, securing the benefits of 202 pensioners and 108 deferred members

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Thomas Miller & Co scheme completes £140m buy-in with Aviva

Thomas Miller & Co Ltd Retirement Benefits Scheme has completed a £140m full-scheme buy-in with Aviva, covering all members of the scheme

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Hammerson prices new £400m bond

Property developer Hammerson has successfully launched and priced a £400m bond with a maturity of 12 years

Greggs’ sales up 12.7% in 2024

Greggs has seen its like-for-like (LFL) sales increase by 12.7% in the year-to-date, while its total sales for the third quarter increased by 10.6% in the 13 weeks to 28 September
Aston Martin lowers profit guidance amid supply chain turmoil

Aston Martin has lowered its profit expectations for 2024 after the car manufacturer blamed supply chain disruption and “continued macroeconomic weakness” in China
Haleon buys back £230m of shares as Pfizer offloads stake

Pfizer has offloaded a £2.4bn stake in consumer healthcare group, Haleon, which has confirmed it intends to buy back £230m worth of the shares


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