Full List Of Stories
Standard Life sees £100m extra savings at revamped business
Standard Life Aberdeen said it expected to generate at least £100m of extra savings after merging with Aberdeen Asset Management and selling its life insurance business to Phoenix Group.
SSE blames rising costs for increase in household energy bills
SSE blamed rising business costs as it announced a 6. 7% increase in energy bills for households on standard rates.
Photo-Me warns on profit after Japanese ID card disappoints
Photo-Me International shares plunged as it warned this year’s profit would miss expectations because a new Japanese ID card failed to attract enough customers to the country's photo booths.
RBS CFO Stevenson quits as government readies stake sale
Royal Bank of Scotland is looking for a new chief financial officer after announcing the departure of Ewen Stevenson as the government prepares to sell some of its stake in the bank.
Martin Sorrell announces plans to build new communications group
Martin Sorrell is taking control of an investment vehicle to build a new communications company just six weeks after stepping down as the boss of WPP, the world’s biggest advertising group.
B&M signals good start to the year after posting 25% profit rise
B&M European Value Retail said it made a good start to the year as the discount retailer posted a 25% increase in annual profit.
RBS sheds its legacy and has capital to spare, Berenberg says
Royal Bank of Scotland has overcome its troubled legacy and the market undervalues its £5bn of excess capital, Berenberg analysts said as they increased their medium-term target for the share price.
George Soros warns new financial crisis could be looming
George Soros has warned that another financial crisis may be round the corner and the EU's existence is under threat.
Treasury and BoE at loggerheads over post-Brexit rules
The Treasury and the Bank of England are said to be locked in a battle over regulation of the City after Brexit.
Pret A Manger swallowed by German investment firm for £1.5bn
Bridgepoint Capital has agreed to sell Pret A Manger to the German investor that owns Krispy Kreme donuts and Douwe Egberts coffee in a deal said to value the sandwich chain at more than £1. 5bn.
Renold rises as chain maker predicts fatter margins
Renold’s shares rose more than 15% on Tuesday morning as the maker of industrial chains, gears and couplings predicted stronger margins after business improved in the second half of its financial year.
Rolls-Royce launches Pearl engines for business jets
Rolls-Royce has launched its Pearl line of engines, which will be the sole engine for a new range of business jets unveiled by Bombardier.
Vedanta's Tuticorn copper smelter sealed after protestors killed
Vedanta Resources has been ordered to permanently close its Tuticorin copper smelter in India, where anti-expansion protestors were killed by police earlier in May.
On the Beach share slide is buying opportunity for Berenberg
The fall in On the Beach’s shares is a "compelling" buying opportunity for a structural growth stock, Berenberg analysts said as they reiterated their 'buy' rating on the shares.
Headlam sales suffer in weak start to 2018
Headlam’s like-for-like sales fell in the first four months of 2018 as the carpet and flooring distributor suffered from a weak UK market, reduced orders from its biggest customer and bad weather.
Tate & Lyle CEO plots new path as commodities boost profits
Tate & Lyle has reported a 13% increase in annual profit driven mainly by the rising price of commodities.
QinetiQ annual profit rise helped by one-off gains
QinetiQ’s annual profit rose 5% as the defence technology contractor increased revenue and gained from more than £8m of one-off items.
Brick maker Ibstock hit by beastly weather in slow start to 2018
Ibstock said the start of its financial year was slower than expected as the brick maker was affected by extreme late-winter weather.
TalkTalk to sell B2B business after sinking to loss
TalkTalk announced the sale of its direct business-to-business operation for £175m as falling revenue and rising costs drove the broadband operator to a loss last year.
Barclays casts eye over Standard Chartered as Bramson hovers
Barclays is reported to be considering a merger with Standard Chartered or another international bank as part of contingency planning prompted by the arrival of activist investor Edward Bramson as a shareholder.