Artificial hip and knee-maker Smith & Nephew today revealed a 45% year-on-year jump in pre-tax profit, which hit $173 million (£104.1 million) in the three months to October.
The biggest growth was in orthopaedic products. Amid signs patients and governments are resuscitating spending on surgical procedures, chief executive David Illingworth said although conditions remain “challenging”, the sector is showing “early signs of stabilising.”
Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny
“The board of British Airways, with fees of £50,000 a year for a part-time director attending seven meetings and all those unlimited first class flights for them and the family, has been one of the most eye-catching City gravy trains. But that train is about to get a lot shorter
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