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Marston’s says strong start to new year, LFL sales up

Brewer and pubs group Marston’s Plc said it has made a strong start to the new financial year even as it reported a rise in profits for the 52 weeks ended Oct. 2.

TUI Travel posts full-year loss on weak UK trading

Europe's biggest tour operator TUI Travel reported a full-year pretax loss, blaming weaker trading in the UK, mainly due to increased winter losses resulting from capacity-led volume reductions. However, underlying pretax profit rose 4 percent on good turnaround progress.

Thomas Cook full-year results hit by softer summer trading

A man looks at a travel brochure of travel company Thomas Cook in London

Travel company Thomas Cook posted lower annual profits as revenue fell due to a softer summer trading environment. In the UK, the tour operator said trading was even tougher than anticipated, and it expects to save between 40 million pounds and 50 million pounds mainly through reduction of over 500 managerial and support jobs.

Sage annual pretax profits rise 20 pct

British software maker Sage Group said it saw a return to organic revenue growth in the second half and improving market for its services. The company, which added 252,000 customers in the year, said support contract renewals were maintained at 81 percent.

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United Utilities says H1 results 'slightly' ahead of view

UK-based water supplier United Utilities Group reported interim results slightly ahead of its expectations, following the recent regulatory price review.

Johnson Matthey interim profits rise on higher PGM prices

British chemicals company Johnson Matthey Plc reported a rise in profits for the first half as revenue grew 28 percent on increased levels of activity in all of its major markets and higher platinum group metal prices. The group lifted its interim dividend by 13 percent to 12.5 pence.

Severn Trent interim profits halve, cuts dividend

Britain's water services group Severn Trent reported a 51 percent fall in pretax profit for the six months ended September 30 and it slashed its interim dividend by 2.5 percent to 26.04 pence.

Intermediate Capital interim profit, AUM rises; impairments fall

UK's Intermediate Capital reported a rise in assets under management and pretax profit for the first half ended Sept. 30. The group attributed the rise in profit to lower impairment charges, a stronger investment portfolio and a growing fund management franchise.

RM posts double digit revenue, profit growth for FY

UK's RM Plc, a provider of education services, reported double digit revenue and profit growth in 2010, and it lifted its full year dividend by 8 percent to 6.64 pence.

Chairman Michael Turner poses at a beer pump

Fuller Smith interim profits rise 11 pct as occupancy improves

British pubs group Fuller Smith & Turner reported a 11 percent rise in its first half pretax profits as occupancy improved and food sales grew strongly at its Managed Pubs and Hotels segment.

A man walks past the London Stock Exchange in the City of London

LSE interim pretax profits up 26 pct, says IPO pipeline 'promising'

London Stock Exchange Group said activity on the primary markets picked up with a more than doubling of the total number of new issues. The group lifted its interim dividend by 5 percent to 8.8 pence.

Investec posts "strong" H1 operating results, AUM rises

Investec Plc, the specialist bank and wealth manager, posted a "strong" operational performance in the first half, with five of its six core businesses recording a substantial increase in earnings. Third party assets under management grew 4.9 percent to 77.8 billion pounds.

Too big to Fail era over: Treasury Dept.

Too big to fail is now over and American taxpayers will never be asked to bear the costs of a financial firm's failure, said U.S. Treasury deputy secretary Neal Wolin.

Experian reports 'strong' H1, lifts dividend ; shares up

British credit information group Experian Plc said its benchmark pretax profit grew 12 percent in the first half as it reported its best organic revenue growth in four years. The company lifted its first interim dividend by 29 percent to 9 cents.

A broker trades sterling swaps at ICAP in London

ICAP posts 'good' interim results

ICAP Plc, the world’s largest broker of transactions between banks, reported good revenue and earnings growth for the first half despite quieter markets, mainly driven by its strong electronic broking franchise.

British Land H1 underlying pretax profit falls

British Land Co Plc reported a lower first half underlying pretax profit as the year-ago period benefited from the release of credit risk provision.

Rexam sees H2 results similar to H1

Beer can manufacturer Rexam Plc said trading for the period since July 1 has been in line with its expectations, and it expects second half results to be similar to those of the first.

A Persimmon banner flies at a housing development near Manchester

Persimmon confirms in-line trading

British housebuilder Persimmon Plc confirmed that current trading in line with expectations, and it still expects sales revenue to rise about 10 percent this year.

Majestic Wine interim profits up 20 pct; lifts dividend

Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.

Rolls-Royce cuts profit forecast, blames engine failure

Rolls-Royce expects full year underlying profit growth to be slightly lower than its prior forecast, blaming engine failure incident on a Qantas A380 super-jumbo flight last week.

3i posts interim profit, NAV rises 15 pct

British private equity firm 3i Group Plc reported a profit and a rise in net asset value for the first half, and it lifted its interim dividend by 20 percent to 1.2 pence.

Land Securities swings to H1 profit on valuation surplus

U.K. real estate investement trust Land Securities Group Plc swung to a pretax profit for the first half, helped by a valuation increase on its portfolio of 3.4 percent. Net assets per share rose 6 percent.