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Card Factory in talks to raise funds from banks
Card Factory is seeking to raise new funds from its banks to get it through the pandemic, according to a report. The…
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BT denies du Plessis left after rift with CEO Jansen
UK telecoms group BT has denied accusations that former chairman Jan du Plessis was forced out last week because he was holding…
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Clarkson lifts dividend following ‘robust’ cash performance in 2020
Clarkson reported a “robust” underlying financial performance ahead of market expectations in its preliminary results on Monday, as its revenue fell to…
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Phoenix ups dividend, posts record cash generation
Phoenix posted record annual cash generation and an increased dividend as it unveiled new cash targets. The FTSE 100 company generated £1.7bn…
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Micro Focus to appeal as jury rules in favour of Wapp in patent litigation case
Micro Focus said on Monday that it plans to appeal after a jury ruled in favour of US-based Wapp in a patent…
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London pre-open: Stocks seen up as US Senate approves Covid relief bill
London stocks were set to rise at the open on Monday after the US Senate approved a $1.9trn Covid relief bill. The…
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Direct Line unveils £100m buyback after profit drop
Direct Line increased its dividend and announced a £100m share buyback as the insurer reported a 4.5% drop in annual profit. Operating…
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Pearson holds dividend as it plans to target consumers directly
Educational publisher Pearson maintained its dividend as it delivered lower annual profits offset by a rise in online learning, reflecting school closures…
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Monday newspaper round-up: UK airports, British ports, business confidence, GSK
The Trades Union Congress and Heathrow have called on the government to cover UK airports’ operating costs while travel bans are in…
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