FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall February 28, 2024 Shares in St James Place plummeted after it slashed its dividend and warned that costs connected to complaints would be a drag on growth in the coming year.
Direct Line shares rocket higher after rejecting £3.1bn offer from Belgian peer Ageas February 28, 2024 This morning, Bloomberg reported Ageas had been working with advisers to put together an offer for Direct Line, but had seen its most recent offer rebuffed.
Amazon to invest in more robots to speed up deliveries and packing February 28, 2024 Amazon is ramping up investment into robotics as it looks to speed up its packaging and delivery processes.
IAG: British Airways owner signs biggest-ever deal for sustainable aviation fuel February 28, 2024 British Airways owner the IAG has announced its biggest ever deal to purchase a US-based producer of susatainable aviation fuel (SAF).
‘Fragile’ UK at risk from ‘another acceleration’ in business insolvencies, Allianz warns February 28, 2024 The insurer's global insolvency outlook estimated 15 per cent of small and medium-sized businesses in the UK are at risk of going bust, the highest proportion of "fragile firms" in Europe.
Extinction Rebellion blockades Lloyd’s of London building as City police make arrests February 28, 2024 Extinction Rebellion posted an image of a van full of equipment, including a megaphone and paint-covered items.
FCA under fire for ‘sinister’ plans to ‘name and shame’ firms February 28, 2024 City lawyers have launched a broadside on the Financial Conduct Authority today for what they call “sinister” plans to change enforcement rules that could unfairly damage the reputation of firms.
Is there anything good in St James’s Place’s results? February 28, 2024 Britain’s biggest wealth manager St James's Place saw its stock price hit its lowest since December 2012 this morning on the back of a gruelling 2023 results.
Just Eat Takeaway upbeat as margin growth in UK and Ireland business helps lift earnings February 28, 2024 Just Eat Takeaway traded ahead of expectations during the full year, despite dwindling demand at its North American arm.
Klarna posts fifth straight annual loss as buy-now pay-later giant eyes up New York listing February 28, 2024 Buy-now pay-later giant Klarna has reported its fifth consecutive annual loss as the fintech gears up for a blockbuster IPO.