Advertisement
UK markets open in 3 hours 22 minutes

  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     

  • HANG SENG

    17,119.70
    +290.77 (+1.73%)
     

  • CRUDE OIL

    83.39
    +0.03 (+0.04%)
     

  • GOLD FUTURES

    2,338.20
    -3.90 (-0.17%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,488.83
    +3.85 (+0.01%)
     

  • CMC Crypto 200

    1,434.35
    +19.59 (+1.38%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Cobham says reviewing wireless unit as first-half profit falls

Reuters - UK Focus

LONDON, Aug 3 (Reuters) - Cobham (Other OTC: CBHMF - news) , the struggling British aerospace and defence electronics company, said on Thursday it was reviewing the future of its wireless business, which accounts for 10 percent of revenue, in the next stage of its turnaround plan.

The company, which raised 500 million pounds ($661 million) in a rights issue to shore up its balance sheet in May, reported underlying profit before tax of 69.5 million pounds in the first half, down from 75.8 million pounds a year ago.

($1 = 0.7560 pounds) (Reporting by Paul Sandle; editing by Kate Holton)