The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.

Beast is profitable for the first time. Has it lost its bite to get there?

Elon Musk has sidelined career officials, gained access to sensitive databases and even shut down the U.S. Agency for ...