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Consulting, Airlines, Retailers Drive UK Growth

Financial Times Companies •
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BTG Consulting, rebranded from Begbies Traynor, posted £169 m revenue and 8 % organic growth in the year to 30 Apr, driven by insolvency work. The group’s £19 m statutory profit rose, yet free cash flow fell to £14 m after >£8 m in acquisitions and share buybacks. The shift away from a bankruptcy focus toward real‑estate and advisory services signals a broader strategy, but higher interest rates and market uncertainty have slowed its corporate‑finance arm.

Jet2 reported a 4 % jump in revenue to £7.5 bn for the year to 31 Mar, as passenger numbers hit record highs. Operating profit dipped to £440 m after an £11 m investment in Gatwick infrastructure. The airline announced a £250 m share‑buyback and a 90 % hedge on jet‑fuel costs for 2027, positioning it to weather geopolitical tension.

Currys delivered sales of £9.3 bn, up 6 % year‑on‑year, and adjusted pre‑tax profit of £191 m, 18 % higher than the prior year. Nordic operations generated an adjusted EBIT of £97 m, a 33 % lift. The retailer added £50 m to its share‑buyback program and raised its dividend to 3 p per share.

These moves illustrate how UK firms leverage capital returns and strategic investments to sustain growth amid market volatility.