British contractor Kier's cost-cuts help trim first-half losses

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British contractor Kier's cost-cuts help trim first-half losses

March 5 (Reuters) – British contractor Kier Group reported a smaller first-half loss on Thursday, benefiting from efforts to trim costs by simplifying its operations, sending its shares surging 11%. Kier has been striving to lower its debt burden by cutting jobs, …
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New ferry boosted ICG's performance last year

Irish Ferries owner Irish Continental Group has reported higher revenues and earnings for the year to the end of December as its new ferry, the WB Yeats, came into service. ICG’s revenue for the year increased by 8.2% to €357.4m, while its earning before …
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Aviva shares rise on record profit but insurer takes £500000 coronavirus hit

Insurance giant Aviva this morning reported a jump in profit but said it had taken a £500,000 hit from coronavirus claims. Shares rose 3.42 per cent as the company announced record profit, but it also warned that the outbreak of coronavirus had exacerbated …
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UPDATE 1-ITV predicts 10% coronavirus hit to April ad demand

(Adds details). LONDON, March 5 (Reuters) – ITV’s ad revenue for April could fall by about 10% as travel companies deferred campaigns due to coronavirus, the British commercial broadcaster said on Thursday, taking the shine off better-than-expected 2019 …
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Britain's John Lewis launches strategy review after profit slide

LONDON (Reuters) – British employee-owned retailer, the John Lewis Partnership, has launched a strategic review of its business after reporting a 23% fall in annual profit, a third straight decline, primarily reflecting a dire performance from its department …
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