A significant shift in the UK asset management landscape emerged as French investment powerhouse Tikehau Capital secured a substantial 4 per cent stake in British fund management titan Schroders, valued
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British American Tobacco (BAT) witnessed a sharp decline in its share price today, falling nearly 9 per cent after announcing a £6.2 billion provision for lawsuit settlements in Canada and
Britain’s largest housebuilder, Barratt Redrow, has issued an optimistic trading update, signalling stronger-than-anticipated profits for the current financial year amidst improving market conditions. The FTSE 100 developer reported robust customer
British insurance giant Prudential is evaluating options to list a portion of its substantial stake in ICICI Prudential Asset Management, with the holding currently valued at approximately $5 billion. The
BP’s shares experienced a remarkable surge of more than 6 per cent on Monday, positioning the company at the pinnacle of the FTSE 100. This significant movement follows reports that
British pharmaceutical giant AstraZeneca has reported a significant 38% increase in pre-tax profits to £8.7 billion for 2024, driven by robust sales across its cancer, lung, and immunology treatments portfolio.
In a significant shift of corporate policy, BT Group has announced plans to remove diversity, equity and inclusion (DEI) metrics from its bonus calculations for thousands of middle managers, marking
Fresh concerns have emerged over global trade relations as a crucial phone call between US President Donald Trump and Chinese President Xi Jinping was unexpectedly postponed, sparking renewed fears of
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
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
