Company News
Director dealings: Astrazeneca CEO raises stake
Astrazeneca revealed on Friday that chief executive Pascal Soriot had acquired 60,000 ordinary shares in the FTSE 100-listed drugmaker.
Warren Buffett steps down as Berkshire chairman, son named successor
Renowned investor Warren Buffett has stepped down as chairman of Berkshire Hathaway at the age of 96, completing a leadership transition at the US conglomerate after more than six decades at its helm.
Airtel Africa shares sink as Airtel Money said to cut IPO size
Airtel Money’s owners are reportedly considering raising less money than previously sought in the company’s initial public offering.
Nestle 'assessing options' after Kremlin seizes control of Russian assets
Swiss food giant Nestlé has said it is "assessing its options" after Russia seized control of its assets in the country, where it operates six factories.
Harworth firmly rejects Peel's increased takeover offer
Harworth reiterated its firm rejection of Peel Holdings' increased takeover offer, arguing the revised terms continued to undervalue the business and its long‑term prospects.
Mothercare warns of 'uncertain' future as Middle East partner to close stores
Mothercare shares tanked on Friday as the retailer warned of an "uncertain" future after its leading Middle East franchise partner said it would be closing most of its stores.
Investec H1 results seen in line with guidance amid solid lending, inflows
Banking and wealth management group Investec said on Friday that it expects to deliver interim results in line with guidance, with its stable year‑to‑date performance supported by disciplined execution, strong client activity and continued balance‑sheet growth.
Bank of Japan lifts interest rates to highest since 1995
The Bank of Japan on Friday raised its key interest rate for the second time in three months, pushing borrowing costs to their highest level in more than three decades.
Friday preview: BoJ policy announcement due
Friday brings the latest policy decision from the Bank of Japan, as well as UK retail sales figures for August.
Director dealings: McBride CFO lowers stake
McBride said on Thursday that chief financial officer Marck Strickland had disposed of 110,000 ordinary shares in the London-listed household goods manufacturer.
Bytes Technology lifts FY outlook after better-than-expected H1
Bytes Technology lifted its FY27 outlook on Thursday following a better-than-expected performance in the first half of the year.
Boohoo says turnaround continuing 'at pace'
Boohoo said on Thursday that growth had accelerated in the second quarter as the company’s turnaround continues "at pace".
Revolution Beauty swings to positive EBITDA as turnaround gains momentum
UK-based beauty company Revolution Beauty said on Thursday that it had delivered a markedly stronger first half performance as its turnaround gathered momentum, with the firm expecting to report adjusted underlying earnings of at least £2m, compared with a £12. 5m loss a year earlier.
Unite maintains FY26 outlook, 95pc of beds now sold
Student accommodation provider Unite Group said on Thursday that 95% of its beds were now reserved for the 2026/27 academic year, as it delivered a trading update ahead of the new university term and reiterated full‑year earnings guidance.
Drax hikes FY adjusted EBITDA guidance following strong H2
Energy generation firm Drax lifted its full-year outlook on Thursday after a stronger second‑half performance and the completion of its £561m acquisition of Bluefield Solar Income Fund.
Beauty Tech Group lifts FY profit outlook after better-than-expected H1
The Beauty Tech Group rallied on Thursday as it lifted its full-year profit outlook, posted a jump in first-half profit and revenue and hailed a better-than-expected performance across all key metrics amid solid demand for at-home beauty technology.
Next details better-than-expected H1 trading, raises FY profit guidance
Retailer Next delivered a materially better‑than‑expected first half on Thursday, prompting a £12m upgrade to its full‑year profit guidance and reinforcing confidence in its margin trajectory.
Galliford Try announces £15m share buyback after 'strong' full year
Galliford Try announced the launch of a £15m share buyback on Thursday as it hailed a strong full-year performance, with profit ahead of market expectations.
Thursday preview: BoE policy announcement, Next results eyed
On Thursday, homeware and clothing retailer Next will publish first-half numbers, while Galliford Try will release first-half results, but the main focus will be on the Bank of England rate decision.
Director dealings: Hilton Food CEO snaps up shares
Hilton Food Group revealed on Wednesday that chief executive Mark Allen had acquired 14,500 ordinary shares in the FTSE 250-listed food packaging business.