Metro Bank well in the red amid credit losses of £112m

Challenger bank Metro Bank posted hefty first-half losses after it booked expected credit losses of £112m due to the Covid-19 pandemic's impact on borrower's ability...

Wed, 05/08/2020 - 07:58


British American Tobacco's Ricardo Oberlander to step down as president of Reynolds American

British American Tobacco Ricardo Oberlander would step down as president of Reynolds American on 31 August and leave the company at the end of the...

Wed, 05/08/2020 - 07:49


Yourgene Health raises £16.2m to fund acquisition of Coastal Genomics

Molecular diagnostics group Yourgene Health said it expected to raise £16.2m via a share issue to help fund its acquisition of Vancouver-based sample preparation company...

Wed, 05/08/2020 - 07:48


Coca-Cola HBC profit slumps, but sees improvement as lockdowns ease

Coca-Cola HBC reported a sharp decline in first-half profit as lower volumes hurt revenue, though the consumer products business said it had seen signs of...

Wed, 05/08/2020 - 07:45


Morgan Sindall scraps interim dividend as first-half profit drops 62%

Construction and regeneration group Morgan Sindall posted a 62% slump in first-half profit and scrapped its interim dividend, citing the Covid-19 pandemic.

Pre-tax profit for...

Wed, 05/08/2020 - 07:42


RHI Magnesita profit more than halves; sees continued subdued trading

Refractory products supplier RHI Magnesita said its first-half profit more than halved amid a slump in demand caused by the Covid-19 crisis at both its...

Wed, 05/08/2020 - 07:36


Legal & General profit slumps in H1 on Covid-19 claims, lower interest rates

Insurance company Legal & General reported a plunge in profit in the half of the year as increased claims related to Covid-19 and lower interest...

Wed, 05/08/2020 - 07:35


Hipgnosis Songs acquires Blondie music rights

Music rights investor Hipgnosis Songs Fund said it had acquired Blondie co-founders, Debbie Harry and Chris Stein's, writer's share and neighbouring rights royalties in their...

Wed, 05/08/2020 - 07:30


UDG Healthcare reinstates interim dividend; annual earnings guidance

Healthcare services group UDG Healthcare reinstated its interim dividend and annual guidance, citing greater visibility as lockdowns eased.

The company declared an interim dividend for...

Wed, 05/08/2020 - 07:26


Page scraps dividend, reduces headcount after swinging to loss

Recruitment company Page swung to a small first-half loss and scrapped its interim dividend after the economic fallout from the Covid-19 crisis crunched the jobs...

Wed, 05/08/2020 - 07:18


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