All the updated news related to corporate finance

All the news related to corporate finance updated in real time

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City

Upper Crust owner unveils cost-cutting plan and delays listing Indian business

Upper Crust and Caffe Ritazza owner SSP has launched a plan to cut costs and said it would postpone the flotation of its Indian business due to market woes. The group, which runs food outlets at travel locations such as airports and train stations, ...

20 May 2025 at 10:49

City

Begbies Traynor boosted by rise in larger scale company failures

Insolvency specialist Begbies Traynor has notched up 10 years of growth in a row as profits nearly doubled amid a surge in larger scale company failures. The group said it was seeing trading in its business recovery and advisory division – which ...

08 Jul 2025 at 09:14

City

Bunzl acquires more businesses as profits dip in first half

Specialist distribution firm Bunzl has expanded with a raft of fresh acquisitions as it reported a decline in first-half profits. However, shares in the company ticked higher after it resumed its share buyback programme. The FTSE 100 company ...

26 Aug 2025 at 09:18

City

Debenhams Group considers sale of PrettyLittleThing amid turnaround efforts

Debenhams Group is considering the sale of its PrettyLittleThing brand as it pushes ahead with a major turnaround strategy. The business, previously known as Boohoo Group, said it has already secured around £50 million in annual savings and ...

26 Aug 2025 at 15:51

City

Wood Group shares plunge as review of business launched

Engineering firm Wood Group has seen its shares plummet to a more than 20-year low after launching a review of the business following recent write-downs on projects. The Scottish group, which provides oilfield and engineering services, saw ...

07 Nov 2024 at 12:05

City

WH Smith to unveil delayed results as progress hit by accounting errors

WH Smith is set to shed light on the state of its finances next week after its annual results were delayed following accounting errors which led to the resignation of its boss. The historic retailer, which is now focused on travel stores, ...

14 Dec 2025 at 09:00

City

Thames Water halts plans to hand £2.5m retention bonuses to bosses

Thames Water has decided not to go ahead with almost £2.5 million in controversial payments to senior bosses. The debt-laden utilities giant faced a political outcry over plans to hand out the money. Thames Water was expected to hand £2....

16 Dec 2025 at 13:28

City

WH Smith boss steps down after US accounting probe

WH Smith chief executive Carl Cowling has stepped down after an investigation into an accounting blunder in its US division and as the retailer warned over profits once again. Mr Cowling has been replaced by Andrew Harrison – chief ...

19 Nov 2025 at 12:12

City

B&M cuts profit targets again after £7m accounting error

B&M has cut its profit guidance for the second time in a month, after it failed to properly account for an extra £7 million in costs. The discount retail firm’s finance chief also said he plans to step down from the business in a ...

20 Oct 2025 at 09:52

City

Sainsbury’s hikes earnings outlook after strong first half

Sainsbury’s has said it is set for annual earnings of more than £1 billion as the supermarket upped its outlook after a better-than-expected half-year performance. The UK’s second largest grocer, which also owns the Argos chain, ...

06 Nov 2025 at 08:00

City

WH Smith to claw back £1.5m from ex-bosses after accounting scandal

WH Smith is to claw back around £1.5 million in overpaid bonuses from former bosses following an accounting blunder at the retail firm’s US arm. The travel retail specialist confirmed last week it is being investigated by the ...

24 Dec 2025 at 16:33

City

Bow Street plots acquisitions after restructuring and Christmas uplift

Wildwood owner Bow Street is eyeing up potential acquisitions as its restructuring begins to bear fruit, after improved trading over the Christmas period. In a trading update on Monday, the firm, which also owns Dim T, ...

12 Jan 2026 at 12:18

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