Latest News

Bank of England holds interest rates at 3.75%


By Michael Griffiths

The Bank of England (BoE) has chosen to hold interest rates at 3.75% in the wake of the economic impact of the war in the Middle East.

Before the US-Israel conflict with Iran, financial markets had been anticipating a cut in the central bank’s base rate this month, but amid spiralling oil prices the BoE has confirmed it has now held off such a move


Story 2

BP offloads German refinery as part of cost-cutting drive

BP has announced the sale of a refinery in Gelsenkirchen, Germany, as part of an effort to trim down costs across the group

Story 3

IG hits record revenue in 2025

IG Group’s revenue increased by 7% year-on-year in 2025, beating expectations to reach a record £1.12bn

Story 4

DFS doubles profits despite subdued market

DFS has seen its profit before tax almost double in its first half to £30.3m, despite operating in what it described a "subdued" market

Story 5

PIC writes £6.8bn of new business in 2025

Pension Insurance Corporation (PIC) has revealed that it wrote £6.8bn of new business in 2025 in its latest annual results

Story 6

Moonpig to return £65m to shareholders

Moonpig has announced new plans for a £65m share buyback scheme as the online card retailer confirmed it is on track to meet its trading expectations

Story 7

Wickes outlines plans to expand store footprint

Wickes has announced plans to expand its footprint and reach 300 stores after reporting that its profit came in ahead of expectations last year

Story 8

Ashtead Technology revenues up 21% but warns of Middle East volatility

Ashtead Technology has announced a 21% jump in revenue to £203.2m in its latest annual results, which the group said had been driven by acquisition activity

Story 9

Standard Life posts 15% profit boost

Standard Life has posted a 15% jump in IFRS adjusted operating profit to £945m in its latest annual results

Story 10

CRH to delist from LSE

CRH has announced its intention to delist its ordinary shares from the London Stock Exchange (LSE) and cancel its preference shares

Aldermore acquires bridging portfolio from Octane Capital

Aldermore Group has acquired a £465m portfolio of bridging finance loan assets and associated capability from Octane Capital
CMA warns UK fuel retailers about profiteering from Iran conflict

The Competition and Markets Authority (CMA) has warned fuel retailers it is stepping up its monitoring of petrol and diesel prices, citing concerns around profiteering as the US-Israel conflict with Iran drives up wholesale costs
Liontrust acquires River Global for £7.6m

Liontrust Asset Management has entered into an agreement to acquire River Global for an all-share consideration of £7.6m


View More News

BANNER

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