Posts Tagged ‘cutbacks’
Nationwide reports 46% slump in profits
Nationwide Building Society has today announced a fall in annual profits.
The UK’s largest building society said underlying pre-tax profits fell to £212 million for the year to 4 April, compared with £393 million in the same period a year earlier.
The company said it expects the “lower levels of profitability” experienced in the last 18 [...]
Losses shrink at Ryanair due to cutbacks
Irish budget airline Ryanair has today posted a €10.9 million (£9.4 million) loss for the October to December quarter.
However, the loss for Europe’s largest no-frills airline was much less than the €101.5 million deficit it posted for the same period a year earlier – when fuel costs were sky-high.
The group said the result had [...]