Latest News

Berkeley reaffirms guidance but warns of conflict risk


By Michael Griffiths

Berkeley has reaffirmed its pre-tax profit guidance of £450m for the financial year but warned the situation in the Middle East is “weighing heavily on risk sentiment”.

The property developer said it would target a similar profit guidance for the 2027 financial year while acknowledging it remains aware of the risk of a further deterioration in macro conditions


Story 2

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

Story 3

UK GDP shows no growth in January

UK gross domestic product (GDP) recorded no month-on-month growth in January, following increases of 0.1% and 0.2% in December and November 2025 respectively

Story 4

Welsh Water ordered to pay £44.7m for ‘unacceptable’ wastewater breaches

Welsh Water has been ordered to pay £44.7m by Ofwat after an investigation by the water regulator found “serious and unacceptable breaches” in its wastewater network

Story 5

On The Beach shares hit by Middle East crisis

On The Beach has recorded a 12% drop in its share price after reporting a "significant slowdown" in demand following the conflict in the Middle East

Story 6

Trainline reports ‘robust’ results as rail sales rise

Trainline has reported a “robust” set of figures in its latest annual results, which the rail travel platform said was in line with its trading expectations

Story 7

Revolut secures UK banking licence

Revolut has received regulatory approval from the Prudential Regulation Authority (PRA) to launch as a bank in the UK

Story 8

Savills shares fall despite strong performance

Shares in Savills have dropped by over 7% in early trading, despite the company posting an 11.4% increase in underlying profit before tax, which totalled £145.3m in the 12 months to 31 December

Story 9

Aviva unit fined £10.6m by PRA for solvency error

A unit of Aviva, U K Insurance Limited (UKI Ltd), has been fined £10.6m by the Prudential Regulation Authority (PRA) over a Solvency II balance sheet miscalculation during 2023 and 2024

Story 10

L&G reports 6% profit increase as share price drops

Legal & General (L&G) has reported a "strong financial performance" in 2025, as its core operating profit jumped by 6% year-on-year to £1.62bn

Capita swings to loss in 2025

Capita has revealed that it swung to a pre-tax loss of £170.9m in 2025, falling from a profit of £116.6m in 2024.

The business outsourcing company said the loss was exacerbated by a £73.7m impairment from its call centre business, which has seen a reduction in clients amid the rise of AI
Domino’s lands in line with expectations

Domino’s full-year results fell in line with expectations, following a "solid finish" over the Christmas trading period, it said
Persimmon shares up 7% following full-year results

Shares in Persimmon jumped by over 7% in early trading after the housebuilder recorded a 17% increase in group revenue, totalling £3.75bn in the year to 31 December


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