The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Ladbible owner LBG Media is eyeing more deals after US success April 18, 2024 LBG has a number of different strategic focuses, including growing and building its audience base across platforms in the UK and US.
Deliveroo treads water in first quarter but still projects growth for 2024 April 18, 2024 Deliveroo said orders were flat, reflecting the stagnant market, and the consumer landscape was "more stable but still uncertain".
Strong appetite for travel helps Easyjet reduce losses over the winter period April 18, 2024 Easyjet has continued to benefit from travellers' strong appetite for travel in the wake of the pandemic, seeing an uptick in passengers and reducing the traditional "seasonal" winter losses in its half-year trading update.
Hipgnosis board approves £1.1bn Concord takeover offer April 18, 2024 Concord, which is controlled by Alchemy Copyrights, has proposed to buy Hipgnosis in a deal valued at $1.4bn (£1.1bn).
Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook April 17, 2024 Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.
Severfield launches buyback as booming steel demand in UK and Europe powers record backlog April 17, 2024 The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.
Saga cruises back to growth as over 50s return to the high seas April 17, 2024 Saga's ocean cruising business roared back to life with underlying profit before tax hitting £35.5m, compared to an underlying loss after tax of £0.7m in the previous year.
Just Eat: Brits continue to scoff takeaways but other nations lose their appetite April 17, 2024 Only Brits ordered more takeaway from Just Eat in the first three months of 2024, compared to the same period last year.
De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target April 17, 2024 Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.