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Ashurst LLP (via Public) / Ashurst announces financial results - marking fifth consecutive year of revenue growth


Ashurst announces financial results - marking fifth consecutive year of revenue growth
2021 financial performance highlights
Revenue of £711 million, up 10% on the previous financial year (£644 million in 2020)
40% growth in revenue over a five-year period, with an average annual growth rate of more than 7%
Profit per equity partner of £1,038,000, up 15% on the previous financial year (£903,000 in 2020)
72% growth in profit per equity partner over a five-year period, with an average annual growth rate of more than 11%
Paul Jenkins, Ashurst s Global Managing Partner said,
We continued our financial growth trajectory with strong FY21 results, marking the fifth consecutive year of revenue growth for the firm. While some practices and markets during the early part of the financial year were impacted by the pandemic, we continued to support clients as they navigated ongoing challenges and the firm experienced strong trading performance from the end of ....

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Derby's Bombardier secures £1.7bn UK Government backing to build two Egyptian monorails


Derby’s Bombardier secures £1.7bn UK Government backing to build two Egyptian monorails
£1.7bn UK Export Finance guarantee will help unlock trade to Egypt and support UK jobs
03:00, 25 JAN 2021
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Derby’s Bombardier has won a £1.7 billion guarantee from the UK Government so that it can build two big monorail schemes in Egypt. ....

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Jobs secured as Bombardier project receives £1.7bn boost


Jon Robinson
Bombardier Transportation is to expand its manufacturing capacity in Derby after a £1.7bn boost was given to a project to construct two monorails in Egypt. The contract will support 100 jobs in the UK.
A consortium led by the manufacturing giant has made the deal with the Egyptian Government and has secured the funding from UK Export Finance (UKEF) for the Cairo project.
Bombardier’s consortium was named preferred bidder for the project at the 2020 UK-Africa Investment Summit.
Bombardier will now invest in its manufacturing centre in Derby where the trains for the Egyptian monorails will be designed and built. ....

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