Lloyds Banking Group’s first quarter pre-tax profits have slumped 28 percent to £1.6billion due to increased competition in the mortgage market and higher costs. Although its revenues for the three months to the end of March increased 22 percent to £11.3billion, its profits were hit by a combination of lower […]
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Serica Energy is one of Britain’s top ten oil and gas producers, which delivers around 41,000 barrels of oil a year. Its portfolio of new projects includes the Buchan redevelopment – 120 miles north-east of Aberdeen – the third-biggest underdeveloped field in UK waters behind Rosebank and Cambo. Its chairman […]
The new Mini Aceman is coming to a road near you very soon to fill the crossover-size electric vehicle (EV) hole in the BMW-owned brand’s range between the Cooper supermini and the Countryman SUV. Mini latest electric offering – the Aceman – has been unveiled at the Beijing International Automotive […]
The AA’s chief executive Jakob Pfaudler says that its financial health is improving, even though its annual profits before taxes tumbling 41 percent to £42million. Even though the driving school to roadside assistance to insurance group saw its revenues for the 12 months to the end of January rise 11 […]
Heathrow posted an £189m pre-tax profit for the opening three months of 2024 Passenger numbers jumped by 9.5%, partly due to high demand from East Asia By Harry Wise Updated: 16:11 BST, 24 April 2024 London Heathrow anticipates its busiest ever summer this year despite the looming threat of industrial […]
After a long build up, the new all-electric version of the Mercedes G-Class has finally been unveiled. Loyal fans of the military off-roader turned Chelsea tractor will recognise the boxy-flare of iconic G-Wagen, but what lies underneath is a zero-emissions drivetrain and plenty of fancy new features. The G-Class EV […]
Demand for zero alcohol beers and higher prices helped boost first quarter revenues at Heineken by 7.2 percent to €8.2billion (£7billion), with volumes also increasing around the world. It said that volumes or the amount of beer it sold increased 4.7 percent, with its Heineken 0.0 producing high teens percentage […]
The consumer goods giant’s products include Lysol, Lemsip and Nurofen Reckitt was also boosted by higher sales in Europe and developing markets By Harry Wise Updated: 14:45 BST, 24 April 2024 Reckitt Benckiser shares jumped on Wednesday after the consumer goods giant’s sales surpassed forecasts, following solid first-quarter demand for […]