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PPHE Hotel Group’s profits set to rise as expansion costs fall

Expansion capex falls as new properties are delivered

Shaftesbury Capital: strong rental growth fuels optimism

Covent Garden and Chinatown are leading the way

Ocado shares plunge 15% as losses mount

Timing of fulfilment centre completions has slipped into next year

Macfarlane's profits rise despite weak demand

Growth in European markets is on the agenda

RHI Magnesita holds onto profit despite brittle steel market

New US acquisition should boost profits in 2025 but overall outlook is negative

Serco beats expectations on profits, debt and cash flow

Investors have welcomed a stronger balance sheet despite lower revenues

Genus sees signs of recovery but growth remains slow

A big non-cash charge disfigured the results, but there were some signs of recovery at the animal genetics specialist

Man Group lays out $100mn buyback

The alternative investor regroups while hoping its absolute return strategies come back into fashion

Aviva profits up 20% ahead of Direct Line takeover

Profits are rising fast at the insurance giant as the Direct Line deal nears completion

Jupiter outflows surge to £10.3bn

Redemptions were concentrated in the fourth quarter