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Spirax Group earnings fall 31% despite steady revenue
Engineering specialist Spirax Group has announced a significant deterioration in profitability for the first half of 2025, with earnings per share falling to £0.85 compared to £1.24 in the corresponding period last year.


Chancellor won’t rule Out Inheritance Tax Changes
Chancellor Rachel Reeves has declined to rule out changes to inheritance tax rules as mounting pressure on public finances intensifies speculation about potential revenue-raising measures in the upcoming autumn budget.


UK GDP growth forecast revised higher for second quarter
The United Kingdom’s gross domestic product is expected to have recorded modest expansion in the second quarter of 2025, with preliminary estimates suggesting a quarter on quarter rise of 0.2%, improving from the previous projection of flat growth


Persimmon profits rise despite challenging housing market
Homebuilder Persimmon reported an 11% increase in underlying profit before tax to £164.9 million for the first half of 2025


PayPoint secures major partnership with Lloyds Banking Group
PayPoint announced a significant expansion of its financial services offering today through a new partnership with Lloyds Banking Group


Thames Water is in the middle of insolvency preparations
The UK government has appointed insolvency specialists FTI Consulting to prepare contingency plans for Thames Water
Wilmington acquires Spanish regtech firm Conversia for €121.6 million
London-based publishing and information services group Wilmington has agreed to acquire Spanish regulatory technology software business Conversia for €121.6 million in cash


Spirax Group jumps 15% after forecasting accelerated second half growth
Shares in British manufacturing company Spirax Group surged over 15% on Tuesday following the firm’s announcement that it expects organic...


Entain shares surge on upgraded guidance following strong US performance
Shares in gambling giant Entain climbed 0.6% on Tuesday after the FTSE 100 company upgraded its full-year outlook


UK unemployment holds at four year high as job vacancies plummet
Official statistics released by the Office for National Statistics revealed that job vacancies tumbled by 44,000 during the three-month period to July




BP to cut 6,200 jobs as cost pressure grows
BP has announced it will eliminate 6,200 jobs by the end of 2026
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