Headline News
UK consumer confidence lifts post Budget - GfK
Consumer confidence jumped in November, a long-running survey showed on Friday, after uncertainty seen in the run-up to the Budget eased.
Adani shares plummet on US bribery charges
Shares in Adani companies plunged on Thursday, after US prosecutors indicted billionaire founder Gautam Adani, one of the world’s richest men.
Resolute Mining CEO, execs freed by Mali government
Resolute Mining said chief executive Terence Holohan and two other executives have been released by authorities in Mali after reaching a deal to pay the government $160m over a tax dispute.
Novartis boosts mid-term sales guidance
Novartis boosted its mid-term guidance on Thursday, on the back of upcoming drug launches and "strong" growth momentum across existing products.
Factory owners upbeat despite output slide
British manufacturers expect conditions to improve in the coming months, a long-running survey showed on Thursday, despite seeing a slide in output in November.
JD Sports slumps on warning profit will be at lower end of range
Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a “volatile” trading environment in October due to discounting, milder weather and consumer caution ahead of the US election.
Watchdog mulls giving car finance firms until late 2025 to handle complaints
The financial watchdog is considering giving firms up until the end of 2025 to handle car finance complaints, it confirmed on Thursday.
Nine water firms banned from using customer bills to fund bonuses
Nine water companies have been banned from using customer money to fund "undeserved" bonuses for bosses, the regulator announced on Thursday.
Liontrust to cut jobs as profits fall
Liontrust Asset Management said on Thursday that it was planning to cut around 25 jobs in a bid to save costs, as it reported a drop in first-half profits but struck an upbeat note on the outlook.
XPS Pensions confident after first-half growth
XPS Pensions Group reported a robust first-half performance on Thursday, with group revenue rising 23% year-on-year to £113. 4m.
PayPoint shares slide despite first-half growth
Shares in PayPoint were sliding on Thursday morning, even after it reported a 20. 6% improvement in first-half underlying EBITDA to £37. 5m on the back of continued operational momentum across its divisions.
Breedon Group upbeat on resilient trading performance
Breedon Group reported a resilient trading performance for the 10 months ended 31 October on Thursday, driven by robust pricing and operational excellence, despite a challenging construction market in Great Britain.
Investec profits rise through improved cost efficiency
Investec reported a 7. 6% rise in adjusted operating profit to £474. 7m for the six months ended 30 September on Thursday, driven by revenue growth of 5. 6% to £1. 1bn and improved cost efficiency.
UK govt borrows more than expected in October
The UK government borrowed more than expected in October as spending and debt repayments outstripped tax receipts, official data showed on Thursday.
Close Brothers reports stable Q1 amid motor finance uncertainty
Close Brothers reported a stable first-quarter performance in an update on Thursday, supported by growth in its banking division and disciplined cost management, despite headwinds from legal challenges in its motor finance business.
Mitie hails record contract wins as H1 profits rise
Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals.
Frasers Group and Boohoo in fresh clash over Kamani
Frasers Group, the largest shareholder in Boohoo with a 28. 01% stake, intensified its call for the removal of Boohoo’s executive chairman Mahmud Kamani on Thursday.