IN BRIEF
■ Security firm G4S is planning to hive off its cash solutions business. The company said the move could unlock “substantial” value for shareholders. The unit – which made £1.2billion in 2017 – transports and stores cash and also fills up ATM machines. Boss Ashley Almanza said: “Our aim is to establish two strong,
independent businesses.”
■ Overseas expansion has hit the bottom line for online estate agent Purplebricks. Losses climbed from £11.4m to £25.6m in the last six months because of costs linked to the firm’s move into the US, as well as Australia and Canada. However sales climbed to £70m, up 75% on the £40m achieved in the previous six months.