Headline News
Next raises profit guidance after strong first half
Next raised its profit guidance for the full year by £20m to £980m on Thursday, representing a 6. 7% increase compared to last year, following a robust sales performance in the first half.
Vesuvius lowers full-year expectations
Vesuvius tumbled on Thursday after it said end markets were weaker than expected in the first half and that full-year headline trading profit was set to be "only slightly ahead" of last year on a constant currency basis.
BAE Systems lifts full-year guidance as H1 earnings rise
Defence and aerospace firm BAE Systems lifted its full-year guidance on Thursday as it posted a jump in underlying sales and earnings for the first half.
Barclays raises interest guidance despite fall in first-half income
Barclays reported a return on tangible equity (RoTE) of 11. 1% for its first half on Thursday, down from 13. 2% in the same period last year, with profit before tax slipping to £4. 2b from £4. 6bn, although it raised its full-year net interest income guidance.
China Caixin manufacturing PMI deteriorates in July
Activity in China’s manufacturing sector deteriorated more than expected in July, according to data released on Thursday.
Shell Q2 earnings beat expectations, $3.5bn share buyback launched
Oil giant Shell reported better-than-expected earnings for the second quarter on Thursday as it announced a $3. 5bn share buyback.
UK annual house price growth fastest since December 2022 - Nationwide
UK house prices rose in July at the fastest annual rate since December 2022, according to data released by Nationwide on Thursday.