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Latest News
04 Aug
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Serco lifts full-year guidance again

Outsourcer Serco lifted its full-year guidance slightly on Thursday to reflect trading in May and June, as it said strong growth across the business had offset the wind-down of the Test & Trace business.

04 Aug
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Tritax Big Box profits rise on strong rental growth

Logistical warehouse specialist Tritax Big Box said interim operating profit rose 5. 6% driven by development completions and like-for-like rental growth.

04 Aug
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Meggitt H1 profits rise as civil aerospace recovery continues

Meggitt posted a jump in first-half profit and revenue on Thursday as it said the recovery in civil aerospace continues.

04 Aug
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Phoenix Group to buy Sun Life for £248m

Phoenix Group said it was buying closed book UK life insurance company Sun Life for £248m.

04 Aug
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Rolls-Royce first-half profits fall but FY guidance backed

Engine maker Rolls-Royce reported a drop in first-half underlying operating profit on Thursday but backed its full-year guidance amid expectations of an improvement in the civil aerospace division.

04 Aug
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Mondi profits surge on higher prices

Paper and packaging group Mondi reported a sharp rise in interim profits on the back of higher prices due to reduced timber supplies.

04 Aug
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Glencore posts massive $10.3bn rise in interim core profits, Next experiences 'sharp reversal' of Covid lockdown trends

London pre-open The FTSE 100 was being called to open just 5. 2 points firmer ahead of the bell on Thursday after closing 0. 49% higher in the previous session at 7,445. 68.

04 Aug
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Mediclinic to be taken over by Remgro consortium for £3.7bn

Hospital group Mediclinic has agreed to be bought by a consortium led by South Africa’s Remgro for around £3. 7bn.

04 Aug
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London pre-open: Stocks seen steady ahead of BoE rate announcement

London stocks were set for a steady open on Thursday as investors eyed the latest policy announcement from the Bank of England.

04 Aug
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Next experiences 'sharp reversal' of lockdown trends in H1

Clothing retailer Next said on Thursday that sales in the first half had been "dominated" by "a sharp reversal" of the previous year's lockdown trends.

04 Aug
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Thursday newspaper round-up: Telecoms bills, Dyson, Ocado, Elon Musk

Almost 6 million UK households are struggling to pay their mobile, landline and broadband bills, with the cost of living squeeze forcing many to cut back on essentials such as food and clothes, cancel or change a service, or miss payments to stay connected. A report from the consumer group Which? estimates that 5. 7 million households have experienced at least one “affordability issue” in April, as cash-strapped homes struggle to cope with soaring bills and other costs.