3 w. ago WHSmith shares tumble 42% after North America accounting error

Retailer calls in Deloitte and slashes forecast after ‘overstatement’ of profits

Politics

3 w. ago WHSmith shares tumble 40% after accounting error in North American arm

Retailer calls in Deloitte and slashes forecast after ‘overstatement’ of profits

Politics

3 w. ago WHSmith shares tumble 40% after accounting error at North American arm

Retailer calls in Deloitte and slashes forecast after ‘overstatement’ of profits

Politics

3 w. ago WHSmith shares tumble 40% after North America accounting error

Retailer calls in Deloitte and slashes forecast after ‘overstatement’ of profits

Politics

3 w. ago WHSmith shares plunge by third on profit alert: What investors need to see

“It’s particularly bruising for WHSmith given that it has its sights set on global expansion, with the US market a big part of its plans” – Susannah Streeter, Hargreaves Lansdown

Economics

3 w. ago WHSmith shares tumble 30% after accounting error in North American arm

Retailer calls in Deloitte and slashes forecast after ‘overstatement’ of profits

Politics

3 w. ago Boss of flexible office group IWG dismisses 17% fall in share price as ‘machine selling’

Spaces and Regus owner says global volatility will support demand for its hybrid workspacesBusiness live – latest updatesThe boss of the flexible office company IWG played down a 17% drop in its share price on Tuesday as “not rational”, arguing that economic uncertainty around the world is supporting demand for hybrid workspace.IWG, which owns the Spaces and Regus brands, said its adjusted profit rose by 6% to $262m (£194m) for its first half of the year, but its shares plunged after it told investors it expected adjusted profit to end 2025 at the lower end of previous guidance of $525m-$565m. Continue reading...

Economics