Schroders has reported an uptick in assets under management during the first three months of this year as it looks to rebound from a “challenging” 2023. The FTSE 100 funds …
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Rachel Reeves: Labour will be ‘most pro-business government this country has seen’
Shadow Chancellor Rachel Reeves pledged to make the next Labour government the UK’s most “pro-business” government in history. Speaking to the Times, Reeves promised that business groups would be “in …
Astrazeneca’s revenue surges as pipeline investments pay off
Pharma giant Astrazeneca has reported a jump in revenue for the first half of the year as the company’s investments in growth started to yield results. The group reported revenue …
Barclays profit drops on lower lending income as investment bank struggles
Barclays has reported an 11 per cent drop in profit – slightly outperforming analysts’ estimates – as the boost from higher interest rates fades and its investment bank struggles to …
Hipgnosis bidding battle hots up as Concord pips Blackstone bid
Hipgnosis Songs Fund is at the centre of a tug-of-war after its board said an increased bid from Concord is in the “best interests” of the firm last night. Concord’s …
Unilever thanks ‘power brands’ for sales bump as Marmite-maker steams ahead with turnaround plan
Consumer giant Unilever said sales of its most popular brands such as Dove soap helped drive growth in the first quarter. The Marmite-maker’s beauty and wellbeing category performed the strongest, …
WPP expects to return to growth in second-half as AI tools ‘deployed at scale’
Advertising and media giant WPP reported a 2.1 per cent increase in like-for-like revenue for the first quarter of the year, according to a statement published today. The company said …
Anglo American mulls £31.1bn BHP offer in mining mega-deal
London-listed miner Anglo American has said it is considering a “highly conditional” all-stock offer from the world’s largest miner, BHP. In a statement to the London Stock Exchange today, Anglo’s …
London Stock Exchange owner’s growth meets estimates as it leans into Microsoft data deal
The London Stock Exchange Group (LSEG) has reported first-quarter growth in line with analysts’ estimates as it plans to start releasing products from its tie-up with Microsoft in the coming …
Drax trading on track for the year as it awaits Westminster’s carbon capture sign-off
Power firm Drax said today that it’s trading in line with expectations for the year as it gears up for further growth. In a statement to the London Stock Exchange …