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The Latest Breaking News from Leo Quinn

WH Smith asks investors to raise £100m as Iran war and falling passenger numbers hit profits

The chain incorporates shops in travel locations such as airports and train stations

The Independent UK

WH Smith warns on profit and plans equity raise as airport passenger numbers dip

The chain, which incorporates shops in travel locations such as airports and train stations, said consumers had been tightening their budgets.

Evening Standard

WH Smith raises £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading

The Guardian - UK

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PwC under investigation by accounting watchdog over WH Smith audit

WH Smith admitted last year it overstated profits for its North American business by as much as £50 million because of an accounting blunder.

Evening Standard

WH Smith alerts over profits on Iran war disruption to air travel

The retailer said full-year profits were now expected to fall to between £90 million and £105 million.

Evening Standard

Trump’s tariff threats keep European stocks on back foot

Beazley was the FTSE’s star blue-chip performer surging 43% after Zurich Insurance said it has tabled a £7.7-bn bid for the London-listed insurer.

Evening Standard

UK retailer picks new boss to lead recovery

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The Independent UK

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WH Smith hire turnaround veteran with package that could be worth £25m

Leo Quinn will be awarded £12.25 million WH Smith shares that will vest in five years time

Evening Standard

WH Smith names former Balfour Beatty boss as executive chairman

Leo Quinn will start on April 7, subject to shareholder approval, replacing current non-executive chairwoman Annette Court.

Evening Standard

WH Smith names new executive chairman after accounting scandal

Previous WH Smith chief executive Carl Cowling stepped down following the accounting error

The Independent UK

Balfour Beatty profits lift as it eyes boost from UK construction projects

It came as boss Leo Quinn delivered his final results for the firm. He is stepping down as chief executive after almost 11 years.

Evening Standard

Labour consider private finance scheme for major infrastructure project

LABOUR are reportedly planning to use a private finance scheme to fund a £9 billion infrastructure project in England – in a bid to keep costs…

The National (Scotland)

Balfour Beatty cheers revenue growth but order book value falls

The value of Balfour Beatty’s order book has lost £1 billion it has emerged, but the construction group remained upbeat as it defied economic gloom to record improved sales and declare a dividend.

Evening Standard

Balfour Beatty launches share buyback scheme as revenues rise

Balfour Beatty has signalled its confidence in future growth prospects, with Britain’s largest construction company launching its third share buy-back scheme in three years.

Evening Standard

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Evening Standard

Balfour Beatty wins £4 billion public sector engineering contract

The £4 billion framework includes work across the UK from bridges to roads to schools

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