Direct Line hikes prices as it tries to reassure investors it’s on track May 8, 2024 Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.
A bad trip: Oxford Cannabinoid to delist from ‘turbulent’ London markets May 8, 2024 Oxford Cannabinoid Technologies has given London markets further bad news after announcing plans to delist this morning.
FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
Struggles continue at NHS 111 operator Totally as boss warns of ‘unforeseen pressure’ May 7, 2024 The boss of NHS outsourcer Totally has warned of "unforeseen pressure" on its services amid ongoing problems at third-party healthcare suppliers.
BP reports profit drop as lower oil prices hit earnings May 7, 2024 Murray Auchincloss, chief executive officer said: "We've delivered another resilient quarter financially and continued to make progress on our strategy."
FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave May 7, 2024 Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.
AIM hit by sharp liquidity drop in further blow to London market May 6, 2024 Companies listed on the UK's AIM have seen the average value of their shares trading fall over 15 per cent in the last year.
HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024 May 3, 2024 HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
Guinness-maker Diageo poaches Coca-Cola bottler finance chief as Crew looks to revive sales May 3, 2024 Diageo has poached a new chief financial officer from the world’s largest Coca-Cola bottler today as chief executive Debra Crew pushes ahead with plans to revive the drinks giant's flagging sales.
Spurned DS Smith bidder Mondi battles lower selling prices May 3, 2024 Packaging and paper Mondi has reported that it has entered the year with lower selling prices, with the blame on the devaluation of the Egyptian pound