Page 22 - Greg Wright News Today

High street lender Virgin Money said its strategy translated into improved financial momentum over the last half year during a time of turbulence in the wider economy.

WANdisco, the data activation platform, has announced that it is undertaking a reorganisation process that would, upon completion, reduce the company's global headcount by around 30 per cent.

Forty years ago, crooks were sent packing by bank managers who could sniff out fraudsters at a hundred paces.

Lending giant Lloyds Banking Group has joined rivals in posting better-than-expected results for the first quarter as rising interest rates helped profits jump 46 per cent higher.

Card Factory, the specialist retailer of greeting cards and gifts, said its performance last year was ahead of expectations after it recorded a strong performance in store-based sales as shoppers returned to the high street.

Oil giant BP’s profit was more than half a billion pounds more than expected in the first three months of the year as the business continued to benefit from high energy prices.

HSBC’s pre-tax profits soared by more than four billion dollars (£3.2bn) in the first three months of 2023, according to a trading update from the banking group published on Tuesday.

Synectics, the advanced security and surveillance systems company, has revealed that a new casino resort project in Asia is set to open early next year, after experiencing delays caused by the pandemic.

The Black Sheep Brewery has announced that it intends to appoint administrators to protect the interests of its creditors after the business was hit by a “perfect storm” caused by the pandemic and rising costs.

The Yorkshire-based industrial workplace supplier HC Slingsby recorded a sales increase over the first quarter, although the company warned that the war in Ukraine is one of the factors causing “significant uncertainty” this year.