Hints and tips:
...This gig, with French brothers Anthony and Davy Honnet on Hammond B3 organ and drums, put Benjamin’s sax centre stage. “We gonna have some fun?”...
...But the delays to construction as building sites around the UK closed had hit demand, Travis Perkins said....
...Travis Perkins, the UK’s largest builders’ merchant, also reported its half-year results on Tuesday....
...Additional reporting by George Hammond and Gill Plimmer...
...(FT) Kalanick cooks up new opportunity Travis Kalanick is secretly ramping up his first big venture after being pushed out as head of Uber....
...Given tight fiscal constraints and grim economic prospects, Martin Wolf argued that Philip Hammond, the chancellor, played a bad hand cleverly....
...Last month the figures showed that Philip Hammond was on track to hit the budget forecasts for the year and public borrowing had fallen throughout 2017....
...Philip Stephens says chancellor Philip Hammond is the best hope as a replacement for a soft Brexit, while Nick Clegg sees five steps Mrs May now needs to take....
...In a ruling handed down on Friday, judge Travis Laster said RBC had been negligent in its duty to shareholders of Rural/Metro Corporation, pushing for a quick sale to private equity firm Warburg Pincus rather...
...Pre-tax profit at Travis fell to £106.2m for the six months to July, down 18.9 per cent on the same period a year before....
...Additional reporting by Ed Hammond...
...This meant Travis’ programmers had to embark on a year-long process of rewriting the software to incorporate BSS’ operations....
...“Even a minuscule disruption in IT is a serious event and failing to tackle it properly is life-threatening to a company”, says Geoff Cooper, chief executive of Travis Perkins, the UK’s largest builders’...
...Travis Perkins paid £558m for BSS in December in a deal where the builders’ merchant took on significant capacity in the plumbing and heating market....
...The FT's Ed Hammond and Daniel Garrahan analyse the interview....
...Shares in Travis Perkins, which have risen by more than a third during the past year, closed down 10p at £10.78....
...However, any acquisition by Travis would be likely to come under scrutiny from competition regulators, particularly as it would follow Travis’s £558m tie-up with BSS last year....
...“It’s not just a problem with this first quarter, but for a while now we’ve been concerned about the reliability of the [ONS] numbers,” said Geoff Cooper, chief executive of Travis Perkins, the UK’s largest...
...Shares in Travis Perkins fell 38p to £10.01 on Wednesday. ● FT Comment To find peers for Travis Perkins is tough....
...Geoff Cooper, chief executive of Travis Perkins, the UK's largest builders' merchant, talks to Ed Hammond, construction reporter, about why the latest figures from the ONS, which show construction down by...
...Shares in Travis, which have climbed 30 per cent since hitting a 2010 low in August, rose 3.3 per cent to £10.04....
...jonathan.guthrie@ft.com Travis Perkins: ed.hammond@ft.com...
...Andy Brown, a construction and support services analyst at Panmure Gordon, reiterated his “buy” stance on Travis Perkins shares, which fell 13p to 851p....
...The group’s profit margins – 3.4 per cent last year – are a long way shy of the 6.5 per cent it was achieving in 2005 and way below sector rivals, such as Travis Perkins on 9.3 per cent....
...Helped by strong demand from both trade and retail customers, which it sells to through its Wickes DIY stores, Travis increased its pre-tax profits by 18.6 per cent to £107.2m ($167.4m)....
International Edition