(Alliance News) - Insolvency advisor Begbies Traynor Group PLC should benefit from the current UK economic environment of high inflation and interest rates, analysts said on Monday. Read More
(Alliance News) - Begbies Traynor Group PLC on Monday said profit fell in the first half of its financial 2024, as rising costs offset rising revenue, although the Manchester-based insolvency advisory firm still raised its interim dividend and expressed confidence in its full-year outlook. Read More
(Alliance News) - London's FTSE 100 is called to open a touch lower on Monday, kicking off the week with some slight trepidation after Friday's hotter-than-expected US jobs report which offered the dollar some respite. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Begbies Traynor Group PLC - Manchester, England-based business recovery, financial advisory and property services consultancy - Completes acquisition of Andrew Forbes Ltd, a Bristol-based firm providing commercial valuation and building consultancy services to South West clients. Will pay maximum cash consideration of GBP1.0 million, comprising initial consideration of GBP500,000 plus earn-out of up to GBP500,000 if profits are maintained in the three years post-completion. Andrew Forbes will be integrated into Begbies's property division, Eddisons. Company says Andrew Forbes generated around GBP250,000 in pretax profit and GBP1.7 million in revenue during the year ended March 31, and expects to report stable trading for the current year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Begbies Traynor Group PLC - Manchester, England-based business recovery, financial advisory and property services consultancy - Acquires Cardiff-based debt advisory and business insolvency firm Jones Giles & Clay, as part of efforts to "consolidate its position as the leading business recovery and insolvency practice in the [South Wales] region." Directors Susan Clay and Vaughan Jones have joined Begbies Traynor. Company is intent on further South Wales expansion through both strategic acquisitions and recruitment. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Begbies Traynor Group PLC on Tuesday said it recorded yearly profit and revenue growth and expects to meet market expectations for its new financial year. Read More
(Alliance News) - Begbies Traynor Group PLC on Monday said it expects annual revenue and profit in line with market expectations, partially due to recent acquisitions, and it expressed confidence that the current year will provide further growth opportunities. Read More
Begbies Traynor Group PLC - Manchester-based business recovery, financial advisory and property services consultancy - Says Eddisions will expand its operations in Sheffield through the acquisition of Mark Jenkinson & Son, a firm of chartered surveyors with a focus on property auctions, for GBP400,000. Says the acquisition will expand its existing Sheffield team, following the October 2021 acquisition of Fernie Greaves Chartered Surveyors, whilst integrating with and expanding its property auction business. Adds that the Mark Jenkinson & Son business generates annual fee income of around GBP1 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The number of UK businesses in financial distress has picked up, as legacy Covid debt, rampant inflation and tumbling consumer confidence puts companies closer to collapse, according to a report on Tuesday. Read More
(Alliance News) - Stocks in London closed higher on Tuesday as a cooler than expected US inflation reading boosted investor sentiment. Read More
(Alliance News) - Begbies Traynor Group PLC on Tuesday said half-year profit soared as revenue also grew by double-digits in both of its divisions, while it declared an increased interim dividend to shareholders. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursay and not separately reported by Alliance News: Read More