Sir Pascal Soriot, chief executive of AstraZeneca, has come under scrutiny following revelations that his family invested in an organisation recognised as a significant partner of Britain’s largest public company.
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Tesco shares have defied the broader gloom surrounding the UK economy this year, notching up a gain of 21 percent and outpacing the FTSE 100 by five points. This comes
The London stock market’s leading index soared to a new record as the FTSE 100 climbed 63.57 points or 0.7 percent to 9578.57 on Thursday This milestone surpasses its previous
Global equities rallied on Wednesday as mounting optimism for interest rate reductions by the US Federal Reserve sent markets to fresh all-time highs. The FTSE 100, London’s blue-chip index, climbed
Rolls-Royce has delivered yet another strong set of results, sending its shares to record highs after the British engineering giant raised annual profit guidance on the back of what chief
The FTSE 100 reached new heights on Monday, closing at a record of nearly 9,000 points. London’s blue-chip index rose by 56.94 points, or 0.64 per cent, to finish at
The recent cyberattack on Marks and Spencer has created an unexpected opportunity for strategic realignment, according to Chief Executive Stuart Machin. The retail giant’s leadership is viewing the disruption as
Sales growth in Marks and Spencer’s food division has experienced a deceleration over the past quarter as the retailer grappled with the aftermath of a devastating cyber attack. The FTSE
Vodafone’s recent strategic manoeuvres under CEO Margherita Della Valle’s leadership have positioned the telecommunications giant for a potential turnaround, despite shares trading near three-decade lows. The centrepiece of this transformation
Major British retailers saw more than £2 billion wiped from their market value as mounting cost pressures and economic uncertainties cast a shadow over the retail sector. Despite strong festive
British equity funds experienced their most challenging year on record compared to global counterparts, highlighting London’s diminishing influence in global financial markets. The latest data from Calastone reveals investors withdrew
The City of London witnessed a mixed trading session on Tuesday, as property sector woes were offset by broader market optimism. The FTSE 100 demonstrated resilience, closing up 0.4 per
British banks have emerged as the standout performers among UK shares in 2024, capitalising on elevated interest rates that have significantly enhanced the sector’s profitability despite lingering concerns about domestic
Insurance giant Aviva is making a final push to complete its £3.6 billion acquisition of Direct Line Group before a Christmas Day deadline set by the City’s Takeover Panel. The
A prominent activist investor has escalated its campaign for Rio Tinto to relinquish its primary listing in London, asserting that the mining giant’s dual share structure has proven catastrophically detrimental
Kingfisher, the parent company of B&Q and Screwfix, witnessed a dramatic 13 per cent decline in its shares after downgrading its full-year guidance and announcing an anticipated £31 million impact
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