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Centrica: FTSE 100 British Gas owner suffers huge backlash over CEO pay rise plans
Centrica faces considerable criticism from investors and the public regarding proposed substantial increases in executive compensation, highlighting concerns over governance amid f...
Read Full Article →Tesco: CEO takes home bumper pay packet after profit jump
Tesco's chief executive received a substantial compensation totaling over £9 million, reflecting the company’s improved sales performance and higher-than-anticipated profit margins...
Read Full Article →Keir Starmer strikes ‘historic’ deal with US in bid to swerve tariffs
The new agreement between the UK and the US aims to reduce potential import taxes, potentially benefiting trade by encouraging smoother market access and financial stability betwee...
Read Full Article →M&S will ‘need to go on a charm offensive’ to win customers back
The recent cyber incident has led to a substantial decline in Marks and Spencer’s market valuation, highlighting potential challenges in regaining consumer confidence and stabilizi...
Read Full Article →Quicker interest rate cut hopes fade after Bank of England decision
Following the Bank of England’s decision to reduce rates to 4.25 percent, investors have adjusted their outlook, anticipating fewer reductions in borrowing costs throughout the rem...
Read Full Article →How did Next become an online shopping behemoth?
Next’s first-quarter financial performance demonstrated significant growth in digital sales, with notable increases both domestically and abroad, contributing substantially to the...
Read Full Article →Bolt: Uber rival appoints first UK boss
The appointment of a dedicated senior manager for the UK market indicates the company’s strategic focus on expanding its operations and increasing revenue in one of its key interna...
Read Full Article →What the Bank of England’s interest rate cut means for your mortgage
The recent reduction in the central bank’s borrowing costs is likely to influence mortgage lenders to adjust loan rates, potentially affecting monthly payments and refinancing opti...
Read Full Article →Nvidia shares boosted as Trump ditches AI chip ban
Nvidia’s stock experienced a notable increase following reports that restrictions on exporting sophisticated AI-related semiconductors may be reversed, positively impacting the sem...
Read Full Article →Bank of England cuts interest rate in split decision
The reduction in borrowing costs by the Bank of England may influence economic activity by potentially lowering loan expenses and affecting inflation expectations amid ongoing glob...
Read Full Article →WFH: Blackrock orders managing directors to work full week from office
Blackrock’s decision to require senior executives to return to the office full-time may influence operational costs and employee productivity, reflecting broader shifts in workplac...
Read Full Article →New Zealand Rugby post £8.7m loss months after Ineos saga
New Zealand Rugby reported a significant financial deficit for 2024, marking the third year of losses despite experiencing its highest revenue levels during this period.
Read Full Article →Rolls-Royce: Shares in FTSE 100 giant rally on trade deal hopes
Investor optimism regarding a potential UK-US trade agreement contributed to a notable increase in Rolls-Royce’s stock value, positively impacting overall market performance within...
Read Full Article →Saudi Arabia’s PIF sponsors new $13m prize golf series
The Public Investment Fund’s commitment of $13 million as the main sponsor introduces a significant financial boost to the upcoming Ladies European Tour golf events.
Read Full Article →Playtech stock plummets 60 per cent following dividend payout
The substantial dividend distribution, funded by proceeds from a recent asset sale, led to a sharp decline in the company’s share value, reflecting the reduced equity base after th...
Read Full Article →Derwent: Return to office mandates boost London landlord
Increased interest in prime office spaces amid a supply shortage has positively impacted the financial performance of the real estate trust during the initial quarter through highe...
Read Full Article →Alphabet slides as Apple eyes Google overhaul – and UK probe looms
Alphabet's shares declined sharply following Apple's indication of transitioning to AI-based search alternatives in Safari, raising concerns about potential impacts on Google's mar...
Read Full Article →Lloyd’s of London selects Patrick Tiernan for CEO position
The appointment of Patrick Tiernan as CEO is expected to influence Lloyd’s of London’s strategic direction and potentially impact its financial performance and market positioning m...
Read Full Article →Metro Bank shares soar as lender’s turnaround gathers pace
The bank reported a notable rise in first-quarter earnings compared to late 2024, boosting investor confidence and driving its stock price up by almost four percent in early market...
Read Full Article →Flutter: Paddy Power owner stock sinks after gambler winnings
Despite raising its profit forecast, the company's shares declined due to lower-than-expected revenue and earnings influenced by unexpected outcomes during a major US sporting even...
Read Full Article →House prices rise in April: ‘The market is baring its teeth’
The recent modest increase in UK property values suggests a resilient housing market that may influence buyer behavior and broader economic conditions despite previous fiscal incen...
Read Full Article →Harbour Energy forecasts higher oil and gas production
Harbour Energy’s increased production forecast suggests potential revenue growth while maintaining stable operating costs, reflecting the company’s resilience amid fluctuating mark...
Read Full Article →Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles
S4 Capital experienced a notable decline in first-quarter revenue, highlighting the impact of geopolitical challenges and cautious client behavior on the company's financial perfor...
Read Full Article →Trump poised to announce US trade deal with UK
The upcoming US-UK trade agreement is expected to influence bilateral commerce by potentially reducing tariffs and increasing market access, thereby impacting economic relations an...
Read Full Article →Centrica: ‘Challenging market conditions’ hit FTSE 100 energy firm
Despite difficult market dynamics in its gas and power division, Centrica anticipates increased losses at its North Sea gas storage unit while maintaining overall profit forecasts...
Read Full Article →Rathbones: Fee income dips amid market turmoil
Rathbones Group experienced a decline in wealth management revenue and a reduction in assets under management during the first quarter of 2025, influenced by market instability lin...
Read Full Article →Next warns impact of tax hikes could hit sales
Despite stronger-than-anticipated revenue growth earlier in the year, Next indicated that increased taxation may reduce consumer spending power, potentially leading to slower sales...
Read Full Article →TSB Bank’s profit rockets from stamp duty rush and cost-cutting
TSB Bank’s first-quarter earnings surged by 89 percent year-over-year, driven by reduced operating costs and increased transaction volumes ahead of regulatory changes, resulting in...
Read Full Article →Regular or fixed? How to know which savings account is right for you
With interest rates declining, choosing the most suitable savings option is important to maximize returns and ensure your money generates the highest possible income over time.
Read Full Article →‘Richard Branson told me not to start my business’: Gravita CEO Caroline Plumb
Caroline Plumb’s journey as a serial entrepreneur highlights the challenges and financial risks involved in launching new ventures despite advice from established industry figures.
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