BT ups dividend as firm refocuses on the UK May 22, 2025 BT has upped its dividend to shareholders as the telecoms giant reported a rise in profits. The FTSE 100 company has declared a final dividend of 5.76p per share, bringing its full-year dividend to 8.16p, an increase of two per cent on the previous year. The firm’s policy is to at least maintain or increase [...]
United Utilities: Profit rises significantly as water bills hiked May 15, 2025 Profit at United Utilities jumped significantly ahead of the FTSE 100 giant hiking water bills for its more than seven million customers, it has been revealed. The Warrington-headquartered firm, which serves customers in the North West of England, has also proposed an increase to its final dividend of 4.2 per cent to 34.6p. The company [...]
Barclays: Shares in FTSE 100 giant near decade high after upgrade May 13, 2025 Barclays has received a major boost after the FTSE banking giant posted a bumper first quarter, driven by a strong performance in its investment arm. Analysts at RBC have upgraded Barclays’ shares, slapping a 340p target price on the stock – a 14 per cent increase. Shares edged up 0.2 per cent during early trading [...]
Clipper tea owner gets £76m pay day after KP Snacks deal boosts profit May 7, 2025 The owner of tea brand Clipper is in line for a huge pay day after the sale of Whole Earth to KP Snacks saw a massive spike in profit. Kallo Foods, whose products also include Kallo and Mrs Crimbles, sold the brand towards the end of 2024 for a then-undisclosed sum. New accounts have now [...]
UK dividends slump in 2025 after cuts from Vodafone and Burberry April 28, 2025 UK dividends totalled just £14bn in the first quarter of 2024, a 4.6 per cent decline from last year, thanks to major cuts from key companies like Vodafone and Burberry. While regular dividends only fell by 0.2 per cent, a 3.3 percentage point drop in special dividends dragged down the figure, data from Computershare revealed. [...]
M&G slumps to loss as outflows accelerate March 19, 2025 M&G has reported a jump in outflows for 2024. The insurer and asset manager reported outflows of £9.5bn throughout 2024, compared to £4.7bn in 2023, it revealed in its annual results. Outflows were recorded from every arm of the firm. Its traditional Life business was hit hardest, with outflows of £4.8bn during the year. Meanwhile, [...]
Phoenix Group shares soar after upgrading outlooks March 17, 2025 Shares in Phoenix Group rallied over six per cent on Monday morning after the firm smashed its cash generation target and upgraded its future guidance. The FTSE 100 company, which owns insurer Standard Life, recorded a 31 per cent increase in operating profit for 2024, which hit £825m. The group met its 2026 target of [...]
Home Bargains billionaire pays himself over £1bn as sales and profit surge January 7, 2025 The billionaire owner of Home Bargains paid himself more than £1bn as sales and profit both jumped at the discount retail giant during its latest financial year. Tom Morris, who owns 98 per cent of Liverpool-headquartered TJ Morris, the firm behind the brand, received the vast majority of the £1.22bn in ordinary dividends and asset [...]
Peel Ports: Billionaire tycoon handed higher pay day despite profit slump January 3, 2025 The billionaire family behind Peel Ports raked in even more money despite profit at Britain’s second largest operator being slashed during its latest financial year. The Whittaker family shared a dividend pot of £153.9m with fellow shareholders in the Liverpool-headquartered group in the year to 31 March, 2024. The dividend is up from the £138.9m [...]
Simon Cowell denied huge pay after profit slashed at Britain’s Got Talent owner January 3, 2025 Simon Cowell has not repeated the huge £50m pay day he awarded himself after profit was slashed at his TV empire behind Britain’s Got Talent. Syco Holdings did not issue a dividend to the TV mogul in the year to 31 March, 2024, after its pre-tax profit was cut from £21.1m to £11.9m. Newly-filed accounts [...]