London Stock Exchange blocks trading of Russian firms after sell-off frenzy March 3, 2022 The London Stock Exchange (LSE) has blocked trading of 27 Russia-linked firms today after their value plummeted as investors scrambled to sever ties with Russia and limit their exposure to Western sanctions.
Taylor Wimpey revenue more than doubles, climbing closer to pre-Covid levels March 3, 2022 Taylor Wimpey revenue has more than doubled in the past year, fuelled by a 47 per cent increase in UK house completions. Revenue surged over 53 per cent in the year to 31 December to £4.2bn, up from the £2.7bn it secured in 2020. It marks a strong sign of recovery for the housebuilder, as [...]
Insurance group Admiral delivers jump in profits as car customers drive growth March 3, 2022 FTSE-100 insurance group Admiral reported a boost in profits and hiked its dividend payout today as it felt the lift of more than half a million new customers in its core motor insurance division last year.
Rentokil revels in spiralling profit powered by pest control business March 3, 2022 Rentokil has rebounded from the pandemic with soaring profits following an 18 per cent rise in its pest control business.
Are charities losing our trust and donations? March 3, 2022 The UK charity sector needs to rethink its foundations, writes Leah Montebello
Schroders assets under management reaches a ‘new high’ of over £730bn March 3, 2022 Schroders assets under management (AUM) have reached new heights, swelling by 10 per cent last year to £731.6bn. The asset manager enjoyed a profit before tax jump of 25 per cent, reaching £764.1m, the first announced in its full year results today. The “strong” financial performance prompted the board to recommend a dividend of 122.0p [...]
Darktrace reports profits boost as pandemic continues to suppress costs March 3, 2022 Cybersecurity giant Darktrace lifted its revenue expectations for the year today as it reported a jump in revenue and profits for the first six months of its financial year.
London Stock Exchange Group boosts dividend amid booming profits and rising revenues March 3, 2022 London Stock Exchange Group enjoyed strong revenue growth and profits across all divisions last year, and has upped its final dividend.
City Moves: Who’s switching jobs in the Square Mile this week? March 3, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Property consultancy Knight Frank has appointed a new head to lead sales in St John’s Wood. Also joining as partner, Neir Gigi brings over 23 years’ experience from across central and northwest London property markets. Gigi, who joins the [...]
Ed Warner: Sport needs a united front against Russia, not patchwork of policies March 3, 2022 On the opening day of Russia’s invasion of Ukraine the Polish wheelchair rugby team decided not to take to the court in their Euros group match against Russia in Paris. A classy move. If only others were so decisive. The leaders of world sport are already divided in their response to Vladimir Putin’s war. It [...]
