Henry Saker-Clark
47 article(s) here · 1 carrying a prediction
🔮 In the accounts, the company said it will pay its parent company, Jelly Holdings, around £179 million in dividends for the 2025 financial year, but it is understood this will stay in the group for reinvestment.
🔮 “The board remains confident that these measures will structurally increase OTC revenue retention over the medium to long term, albeit with greater expected short-term variability,” the company said.
🔮 On Friday, Capita said it will engage “engage fully and transparently” with the National Audit Office, cabinet office and other relevant stakeholders.
🔮 “It is to be hoped that the powers that be will refrain from any further increases, since pubs and restaurants pay around 40% of their receipts as taxes of one sort or another – and provide immense financial support to the Treasury, as well as social support to the community.”
🔮 On Thursday, the London-listed firm said it would launch a £500 million equity fundraiser to help fund the deal.
🔮 The boss of Greggs has said a major overhaul of its food manufacturing operations, which will cut around 740 jobs, will help “future-proof” the business.
🔮 It said its positive performance over the half-year to July “increased profit and cash flow expectations for the full year”, with underlying pre-tax profits now set to be “materially higher” than last year, at between £65 million and £70 million.
🔮 The high street bakery chain said the proposed changes, which will take place over the next two-and-a-half years, will see it relocate parts of its manufacturing process.
🔮 The high street bakery chain said the proposed changes, which will take place over the next two-and-a-half years, will see it relocate parts of its manufacturing process.
🔮 The high street bakery chain said the proposed changes, which will take place over the next two-and-a-half years, will see it relocate parts of its manufacturing process.
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