Money Supermarket shares tumble to 13-year low on AI fears Markets Shares in Money Supermarket have tumbled to their lowest in 13 years on renewed anxieties that advances in AI are eating into the value of price comparison sites. The FTSE 250 stock sunk as much as 13 per cent by mid-morning on Tuesday, before paring back losses later in the afternoon. Mony Group shares closed [...]
FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO Markets Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]
Future: Marie Claire owner stays on track as US ad market steadies Media Future PLC told the market on Thursday that it remains on course to meet full-year expectations after a steady third quarter, buoyed by signs of stabilisation in the UK advertising market and solid magazine performance. The FTSE 250 media group behind titles like TechRadar, Marie Claire and The Week said trading for the three months [...]
Future: Investment plan looks set to pay off at publisher December 5, 2024 The Growth Acceleration Strategy is a two-year investment programme worth £25-30m, which was launched in December 2023.
Future shares drop after boss announces exit October 18, 2024 Future shares dropped as much as 10 per cent in early deals this morning after the company announced that its boss would be leaving the business after only a year and a half at the helm. The publisher, which owns titles including Country Life, Marie Claire and T3, said chief executive John Steinberg would step down [...]
Future: Marie Claire publisher on track for full year forecasts September 26, 2024 British publisher Future has said it expects full year performance to be in line with market expectations as it returned to organic revenue growth during the second half of the year. In a pre-close trading update for the year to 30 September, the company said it is making “good progress” with its growth acceleration strategy, [...]
Future shares surge after Marie Claire publisher commits to further cash returns May 16, 2024 Future, the media publisher responsible for outlets like Country Life, Marie Claire and T3, suffered from a fall in revenue, operating profit and earnings per share in its latest earnings statement.
Future: Publishing giant poaches ITV veteran to be new finance chief May 3, 2024 Publishing giant Future has poached ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm looks to rebound from a slump in profit last year.
Future: Marie Claire and Country Life publisher returns to growth as mags continue to sell April 4, 2024 Magazines under the Future brand, including Marie Claire and Country Life, helped grow sales in the first half of the year.