Marks & Spencer outlines £300 million hit to profit and reveals plan to bring forward infrastructure upgrade

The £300 million expected impact of Marks & Spencer’s cyber-attack on profits shows the severity of the situation. It suggests hackers have caused considerable...

Wed, 21/05/2025 - 14:22


Tortilla Mexican Grill annual loss widens on one-off acquisition costs

Tortilla Mexican Grill PLC on Wednesday said its loss widened during its most recent financial year, as a result of increased expenses relating to its...

Wed, 21/05/2025 - 13:57


UK earnings, trading statements calendar - next 7 days

...
Thursday 22 May  
Bloomsbury Publishing PLCFull Year Results
Hill & Smith PLCTrading Statement
Impax

Wed, 21/05/2025 - 13:41


UK PM may expand pensioner eligibility for winter fuel allowance

Keir Starmer has said the government wants to make more pensioners eligible for winter fuel payments.

The apparent U-turn comes as the prime minister has faced...

Wed, 21/05/2025 - 13:18


IN BRIEF: Faron Pharmaceuticals appoints new chief business officer

Faron Pharmaceuticals Ltd - Turku, Finland-based developer of cancer immunotherapies - Appoints Ralph Hughes as chief business officer, effective from next Wednesday. Notes Hughes’ prior...

Wed, 21/05/2025 - 12:41


CORRECT: Foresight Solar says generation ahead of forecasts for 2025

(Correcting value of share buyback programme to £50 million.)

Foresight Solar Fund Ltd on Wednesday said its electricity production in the UK was ahead of its...

Wed, 21/05/2025 - 12:29


UPDATE: Kendall says UK welfare reforms will address ‘economic crisis’

Liz Kendall has insisted she will press ahead with measures to cut the welfare bill amid Labour pressure on UK Prime Minister Keir Starmer to...

Wed, 21/05/2025 - 12:28


UK government says broadly supports blending hydrogen in gas supply

The UK government is broadly supportive of blending hydrogen into the gas network and is actively considering the matter, energy minister Michael Shanks has said.

Replacing...

Wed, 21/05/2025 - 12:20


Lunchtime market roundup: FTSE 100 edges lower but pound shines

London’s blue chip index outperformed its European peers at Wednesday midday, but had a tepid morning as sterling rose to its best level in more...

Wed, 21/05/2025 - 12:16


Third Point Investors targets reinsurance firm after strategy review

Third Point Investors Ltd on Wednesday proposed an acquisition of Cayman-Islands-based annuity reinsurer, Malibu Life Reinsurance SPC, as it looks to solve the ‘structural headwinds’...

Wed, 21/05/2025 - 12:15


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