British pharmaceutical giant GSK has announced its first share buyback programme in over a decade, committing £2 billion to the initiative whilst simultaneously upgrading its long-term sales projections. The FTSE
All posts tagged in FTSE 1005- Page
91Articles
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
The fate of some of the world’s most beloved ice cream brands hangs in the balance as Unilever contemplates where to list its £13 billion ice cream division. The consumer
British engineering giant Smiths Group has fallen victim to a widespread cyber security breach, sending shockwaves through the FTSE 100. The company’s admission of unauthorised system access across its global
The FTSE 100 drinks giant Diageo has firmly rejected rumours surrounding the potential sale of its iconic Guinness brand, putting an end to widespread market speculation that had driven its
The Financial Reporting Council (FRC) has launched an investigation into KPMG’s audit of betting giant Entain, adding fresh scrutiny to the Big Four accountancy firm’s practices. The probe, initiated in
The British pound experienced its most significant single-day rise against the US dollar in over a year, climbing 1.1 per cent to reach $1.23. This surge came after reports emerged
Games Workshop, the renowned manufacturer of Warhammer miniatures, has delivered impressive financial results with a 33 per cent increase in half-year profits, driven by the continued expansion of its fantasy
Britain’s largest sportswear retailer, JD Sports Fashion, has witnessed its shares tumble to a five-year low after reducing its annual profit forecast amid challenging market conditions. The company now projects
British pharmaceutical giant GSK has struck a significant deal worth up to $1.15 billion to acquire IDRx, a Massachusetts-based biopharmaceutical company, strengthening its position in the oncology sector. The FTSE
The chief executive of Next has issued a stark warning about “anaemic” sales and profit growth for the coming year, as tax increases from the UK Budget begin to impact
Property heavyweight Landsec is orchestrating a significant portfolio reshaping, with plans to divest its remaining retail parks in early 2025. The FTSE 100 property giant’s strategic move, spearheaded by Chief
Major hedge funds have intensified their short positions against British retailers, anticipating disappointing Christmas trading results amid mounting consumer pressures. The strategic positioning suggests a bearish outlook for the sector
In a significant move that underscores confidence in prime retail locations, Land Securities has acquired a 92 per cent stake in Liverpool One for £490 million. The FTSE 100 property
The FTSE 100 gambling behemoth Entain has been dragged into legal proceedings by Australia’s financial crime watchdog over alleged “systemic failures” in its anti-money laundering protocols. The Australian Transaction Reports
The London Stock Exchange is experiencing its most significant exodus of companies since the 2009 financial crisis, with mounting concerns that additional FTSE 100 enterprises will abandon the UK market
