The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares …
Personal Finance
Rio Tinto chief rejects calls to drop London FTSE listing to focus on Australia
Rio Tinto’s chief executive has rejected calls from investors to drop the firm’s UK listing and focus on Australia. The world’s second biggest miner holds a dual-listing on the London …
TV star’s daughter adds to Team GB medal tally as Brits start day with a bang
Team GB started Wednesday with a pair of Olympics medals, with Andrea Spendolini-Sirieix and Lois Toulson matching the bronze won by triathlete Beth Potter just moments earlier in Paris. Spendolini-Sirieix …
Rachel Reeves: ‘I think we will have to increase taxes’
The Chancellor has confirmed that she is likely to raise taxes in the October Budget as she attempts to deal with a challenging fiscal inheritance. Speaking on the News Agents …
Reach: Profit picks up at Mirror publisher despite falling revenue
The Euros and “effective” action on costs helped publisher of the Mirror Reach successfully to shore up its bottom line despite continued dents to revenue. Operating profit at the publisher …
Metro Bank on track for profitability later this year despite swinging to loss
Metro Bank expects to return to profitability in the final quarter of this year as the lender attempts to stage a recovery from a volatile year. In the first half …
Wickes: Brits still holding back on big-ticket items as DIY goods preferred
Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall …
HSBC unveils another £2.3bn buyback in CEO Quinn’s last results
HSBC announced yet another share buyback scheme and upped its guidance for the remainder of the year after beating expectations in the second quarter. Pre-tax profit increase to $8.9bn in …
Rathbones profit skyrockets 120 per cent as Investec merger pays off
Rathbones Group’s underlying profit before tax skyrocketed 120 per cent in the first half of the year, as the group ran well ahead of targets following its merger with Investec …
GSK raises guidance after second quarter sales provide shot in the arm
London-listed pharma giant GSK has raised its guidance after a strong second quarter beat market expectations, boosted by its cancer and HIV portfolio. Total sales in the second quarter of …