Company News
Thursday preview: Bank of England, Rolls Royce in the spotlight
Investors' focus on Thursday would be on the Bank of England.
BAE lifts FY earnings guidance as Ukraine war drives demand
UK defence manufacturer BAE Systems on Wednesday lifted full-year guidance as the war in Ukraine led to increased demand for weapons, leaving the company with a record £66bn order book.
United Internet shares surge on Vodafone deal with 1&1
Shares in United Internet surged on Wednesday after its majority-owned German mobile and broadband provider 1&1 agreed agreed a deal for Vodafone to provide 5G coverage to its customers, in a move that would see it replace Telefonica Deutschland.
Spirent shares hit as first-half profits slump
Shares in Spirent Communications slumped more than 8% after the telecoms testing company posted a sharp fall in half-year profit due to a slowdown in customer spending, but said it expected a better second six months of the fiscal year.
Virgin Money lifts bad debt provisions; Starts £175m buyback
UK bank Virgin Money on Wednesday said it had lifted provisions for bad debts as customers struggled to meet credit card payments amid the cost of living crisis, while also unveiling plans for a £175m share buyback this financial year.
Convatec delivers higher 1H profits, raises full-year guidance
Convatec's profits rose over the first six months of the year, leading the medical products and technologies company to raise its guidance.
Haleon confident on outlook, raises guidance
Haleon sounded a confident note on the outlook after delivering a big rise in revenues and free cash flow.
Ferrexpo profits fall as Ukraine war continues to impact
Iron ore pellet maker Ferrexpo reported a fall in half-year profits as its operations in Ukraine continued to be affected by the ongoing war.
Ryanair, Wizz July passenger numbers soar on holiday demand
Low cost airlines Ryanair and Wizz both reported a sharp jump in passenger numbers for July on strong summer holiday demand.
Ibstock profits fall as housing market cools
Building materials supplier Ibstock reported a fall in first-half earnings as the housing market cooled due to higher mortgage costs.
Taylor Wimpey posts drop in 1H revenues and profit after 'substantial' rise in mortgage rates
Taylor Wimpey posted a sharp drop in first half revenues and profit amid a backdrop of "substantially" higher mortgage rates.