EY Report: Profit Warnings Surge, Shaw Gibbs Merges, Persimmon Homes Expansion

11/13/24 • 1 min

These are the top stories making the headlines across The Business Magazine website today:

Rise in profit warnings from South East listed companies

Listed companies in the South East of the UK issued 25 profit warnings in Q3 2024, nearly double the 12 from Q2 and marking the highest quarterly total in two years, contributing to a national high of 84 warnings, according to the latest EY-Parthenon Profit Warnings Report.

Full story here: https://thebusinessmagazine.co.uk/companies/rise-in-profit-warnings-from-south-east-listed-companies/

Shaw Gibbs merges with Langdowns DFK

Shaw Gibbs, an accountancy and business advisory firm, has announced a merger with Langdowns DFK, a reputable practice with three offices in Hampshire, enhancing its expertise and client service capabilities.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/shaw-gibbs-merges-with-langdowns-dfk/

Persimmon Homes to build more than 1,200 additional homes in West Midlands

Persimmon Homes has secured planning approval to build over 1,200 additional homes across several sites in the West Midlands, including Lichfield, Kenilworth, Redditch, Sandwell, and Burton on Trent.

Full story here: https://thebusinessmagazine.co.uk/companies/persimmon-homes-to-build-more-than-1200-additional-homes-in-west-midlands/

These are the top stories making the headlines across The Business Magazine website today:

Rise in profit warnings from South East listed companies

Full story here: https://thebusinessmagazine.co.uk/companies/rise-in-profit-warnings-from-south-east-listed-companies/

Shaw Gibbs merges with Langdowns DFK

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/shaw-gibbs-merges-with-langdowns-dfk/

Persimmon Homes to build more than 1,200 additional homes in West Midlands

Persimmon Homes has secured planning approval to build over 1,200 additional homes across several sites in the West Midlands, including Lichfield, Kenilworth, Redditch, Sandwell, and Burton on Trent.

Full story here: https://thebusinessmagazine.co.uk/companies/persimmon-homes-to-build-more-than-1200-additional-homes-in-west-midlands/

Previous Episode

International Trade Week Kicks Off, Hampshire's Green Potential, Job Market Declines in the South

These are the top stories making the headlines across The Business Magazine website today:

International Trade Week 2024 helps businesses to go global

The Department for Business and Trade's fourth International Trade Week in 2024 offers UK businesses of all sizes free events, workshops, and webinars over five days to explore global opportunities and enhance international sales efforts.

Full story here: https://thebusinessmagazine.co.uk/companies/international-trade-week-2024-helps-businesses-to-go-global/

Companies' green potential under the spotlight at Basingstoke conference

The Basingstoke conference, Unlocking Hampshire’s Green Potential 2024, convened over 130 senior decision makers from various sectors to discuss sustainable practices for small companies.

Full story here: https://thebusinessmagazine.co.uk/companies/companies-green-potential-under-the-spotlight-at-basingstoke-conference/

Survey shows rapid decline in permanent new hires in south

A survey by KPMG and REC, compiled by S&P Global, reveals a continued 19-month decline in permanent new hires in the South of England for October, attributed to economic cooling and the forthcoming autumn Budget.

Full story here: https://thebusinessmagazine.co.uk/companies/survey-shows-rapid-decline-in-permanent-new-hires-in-south/

Next Episode

QinetiQ Extends Buyback, Alex Tatham Joins CI Group, West Midlands Gets Fresh Funding

These are the top stories making the headlines across The Business Magazine website today:

QinetiQ posts good first half performance as it extends share buyback

QinetiQ, the Hampshire-based defence and security contractor, reported a strong operational and financial performance in its first half, reaffirming its full-year guidance and extending its share buyback program by £50 million to £150 million.

Full story here: https://thebusinessmagazine.co.uk/companies/qinetiq-posts-good-first-half-performance-as-it-extends-share-buyback/

Alex Tatham joins CI Group as non-exec director

Alex Tatham, former managing director at IT distributor Westcoast, has been named a non-executive director at UK marketing and events agency network CI Group, which is known for integrating AI into its marketing strategies.

Full story here: https://thebusinessmagazine.co.uk/companies/alex-tatham-appointed-non-exec-director-at-ci-group/

West Midlands flagship business programmes set to receive fresh funding

The West Midlands' Innovation Accelerator and Made Smarter programmes, which have significantly bolstered local SMEs by creating or upskilling nearly 5,000 jobs and attracting over £70 million in investment, are set to receive new government funding to continue supporting regional business growth, as announced by the West Midlands Combined Authority.

Full story here: https://thebusinessmagazine.co.uk/companies/west-midlands-flagship-business-programmes-set-to-receive-fresh-funding/