Company results
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IWG shares plunge as profit expectations slashed
Analysts predicting a loss of £20m for the year
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Abrdn swings to a first-half loss
Assets under management and administration at the group fell to £508bn
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InterContinental Hotels doubles profits
Operating profit for H1 is now just 8% below the same period in 2019
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Bellway boasts of bumper year
The housebuilder has enjoyed record sales and climbing margins, despite a sluggish planning system
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IWG cautiously optimistic despite continuing losses
Revenues rose by 22% over the six months to June, but losses per share hit 11.6p
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Agencies to slow hiring amid recession fears
Big names zero in on costs as macroeconomic outlook darkens
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Two-thirds of top restaurants in the red
Inflation has piled pressure on top of stresses caused by Brexit and Covid
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Demand for WeWork space soars in Q2
Improved occupancy levels drive revenue growth
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UK construction firms steady despite rising pressures
Profit warnings from listed companies in the sector equal record low
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Home REIT hauls in £263m from another oversubscribed placing
Homeless accommodation REIT has a £300m acquisition pipeline
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EY plans to spin off audit arm
Accountancy giant is in the “early stages” of becoming two companies
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Intermediate Capital smashes targets with £22.5bn new business
Fund manager aimed to hit £40bn by 2025, but now aims for 2024