BUSINESS CLOSE: GSK raises guidance; Next exceeds forecasts; Aston Martin losses nearly double

By This Is Money Updated: 17:49 BST, 1 May 2024 Among the companies with reports and trading updates today are Next, GSK, Aston Martin Lagonda, Haleon, CVS Group, Smith & Nephew and Computacenter. Read the Wednesday 1 May Business Live blog below. > If you are using our app or a third-party site click here … Read more

BUSINESS LIVE: HSBC boss Quinn to retire; Whitbread hikes divi; Metro Bank deposits grow

By Live Commentary Updated: 15:16 BST, 30 April 2024 The FTSE 100 is up 0.5 per cent in midday trading. Among the companies with reports and trading updates today are HSBC, Whitbread, Metro Bank, St. James’s Place and Hargreaves Lansdown. Read the Tuesday 30 April Business Live blog below. > If you are using our … Read more

BUSINESS LIVE: Ocado boss faces revolt; Hipgnosis agrees Blackstone takeover; Entain reprices debts

By Live Commentary Updated: 12:35 BST, 29 April 2024 The FTSE 100 is up 0.6 per cent in midday trading. Among the companies with reports and trading updates today are Ocado, Hipgnosis Songs Fund, Entain and Beazley. Read the Monday 29 April Business Live blog below. > If you are using our app or a … Read more

Ocado boss Tim Steiner faces a shareholder revolt over his pay

By City & Finance Reporter Updated: 00:05 BST, 29 April 2024 Ocado boss Tim Steiner faces a shareholder revolt over his pay today.  Investors have been urged to vote against the £15m pay policy by advisory groups Glass Lewis and Institutional Shareholder Services (ISS). They say a new scheme may cause ‘excessive pay’. ISS said … Read more

Pearson’s boss given a bloody nose as shareholders protest over fat cat pay

By City & Finance Reporter Updated: 14:25 BST, 27 April 2024 Pearson’s boss was given a bloody nose yesterday as shareholders protested over fat cat pay. In another bruising setback for the FTSE 100 education publisher, 30 per cent of investors voted against the company’s remuneration policy. It was the fourth year in row that … Read more

Greek energy tycoon hails London as premier financial hub in Europe

By Leah Montebello Updated: 21:54 BST, 26 April 2024 A Greek energy tycoon hailed London as the premier financial hub in Europe as he laid out plans to list his company’s shares on the UK stock market. In a vote of confidence in the City and Brexit Britain, Evangelos Mytilineos, chief executive of industrial conglomerate … Read more

BUSINESS LIVE: Anglo American snubs BHP bid; NatWest profits fall; Pearson English language boost

By Live Commentary Updated: 17:12 BST, 26 April 2024 The FTSE 100 finished up 60.97 at 8139.83 – a new closing record high. It also hit a new intraday record of 8,146.79 earlier in the session. Among the companies with reports and trading updates today are BHP, Anglo American, NatWest and Pearson. Read the Friday 26 … Read more

Anglo American snubs ‘opportunistic’ £31bn BHP bid

FTSE 100 miner said rival’s approach undervalued the company  The proposal intended to build a mining giant responsible for 10% of copper   By Mike Sheen Updated: 09:07 BST, 26 April 2024 Anglo American has rejected rival BHP Group’s £31.1billion takeover proposal, which the London-listed miner said significantly undervalued the company and its future prospects. BHP’s … Read more

MARKET REPORT: Meta sheds £130bn value after AI spending fears

By John Abiona Updated: 22:56 BST, 25 April 2024 More than £100billion was wiped off the value of Meta as fears mount over the Facebook owner’s huge spending on artificial intelligence (AI). Shares in the company, which also owns Instagram and Whats- App, fell 10.6 per cent in New York after it said expenses would … Read more

BUSINESS LIVE: Barclays profits slip; Sainsbury’s ups guidance; BHP eyes Anglo American deal

By Live Commentary Updated: 15:06 BST, 25 April 2024 The FTSE 100 is up 0.1 per cent in afternoon trading. Among the companies with reports and trading updates today are Barclays, Sainsbury’s, BHP, Anglo American, AstraZeneca, WPP and Persimmon. Read the Thursday 25 April Business Live blog below. > If you are using our app … Read more