BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide

BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide By This Is Money Published: 08:04 BST, 3 August 2020 | Updated: 08:09 BST, 3 August 2020    HSBC has reported a 65 per cent drop in pre-tax profit in the first half of the year as the UK’s largest bank was … Read more

BT revenues and profits fall due to lack of sport

Revenues and profits fall at BT after coronavirus leads to cancellations of major sporting events By Daily Mail City & Finance Reporter Published: 21:56 BST, 31 July 2020 | Updated: 22:16 BST, 31 July 2020 Revenues and profits fell at BT after coronavirus led to cancellations of major sporting events.  With very little action to … Read more

MIDAS SHARE TIPS: Gresham House can grow your profits

MIDAS SHARE TIPS: Invest in sustainable forestry and futuristic indoor farms and see your profits grow with environmentally friendly Gresham House By Joanne Hart, Financial Mail on Sunday Published: 21:56 BST, 18 July 2020 | Updated: 21:56 BST, 18 July 2020 Around 13 per cent of the United Kingdom – almost 8 million acres – … Read more

Dixons Carphone axes dividend as profits halve

Dixons Carphone axes dividend as profits halve: Electronics chain warns of ‘weakening’ consumer spending By Daily Mail City & Finance Reporter Published: 21:51 BST, 15 July 2020 | Updated: 21:51 BST, 15 July 2020 Dixons Carphone axed its final dividend in a fresh blow to investors after annual profits more than halved. Warning of ‘weakening’ spending … Read more

Still profits to be made from investing in gold

Still profits to be made from investing in gold, according to leading asset managers By Jeff Prestridge, Financial Mail on Sunday Published: 21:55 BST, 11 July 2020 | Updated: 22:43 BST, 11 July 2020 There are still profits to be made from investing in gold, according to leading asset managers.  David Coombs, head of multi-assets … Read more

Blow for investors as M&C Saatchi’s profits set to dive

Blow for investors as M&C Saatchi’s profits set to dive By Ben Harrington, Financial Mail on Sunday Published: 21:56 BST, 11 July 2020 | Updated: 22:50 BST, 11 July 2020 M&C Saatchi, one of the most iconic advertising agencies in London, is preparing to deliver another blow to investors with a profits slump.  The firm, … Read more

Jet2.com owner Dart Group sees profits fall following travel restrictions

Jet2.com owner Dart Group sees profits fall as travel restrictions and flight cancellations continue to hit airline sector About 600,000 more people took a package holiday with Jet2Holidays last year Pilots’ union BALPA claimed in June that Jet2 planned to let go over 100 pilots    Last summer, the company also managed to enlarge its fleet … Read more

John Wood Group expects half-year profits to fall by nearly a fifth

Engineering firm John Wood Group warns profits set to fall by nearly a fifth due to the coronavirus crisis depressing the oil market The firm won a contract worth over $200m to build two solar projects in Virginia  Company orders at the end of May have fallen 11% since December 2019 John Wood Group’s board … Read more

Office company Workspace hikes dividend despite profits halving

Office lettings company Workspace hikes dividend despite profits halving and a large drop in new enquiries Workspace Group’s level of enquiries in early April was as low as 50 per week Office space firms have been severely impacted by new social distancing rules  Last month, Land Securities said less than 10% of its office sites … Read more