DWF turnover increased by double-digits in first results since going private August 6, 2024 The first legal service firm to list on London Stock Exchange, DWF, has seen its net revenue increase by 14 per cent over the last year, 10 months on since it went private
Vodafone-Three £15bn merger delayed further as CMA extends probe August 2, 2024 Vodafone and Three will have to wait longer before finding out if a £15bn planned merger has the seal of approval from the UK’s competition regulator.
WPP: Ad giant names former BT boss Jansen as new chair to navigate AI challenges July 30, 2024 Advertising giant WPP has appointed the former BT boss Philip Jansen as its new chair after a long search for a steady hand to help it navigate a difficult time. The rise of AI has caused upheaval within the industry, as it must adjust to a new set of tools which can replace many of [...]
Rentokil: Stock falls as company fails to impress while takeover rumours swirl July 25, 2024 The stock dropped 5.81 per cent in early trading despite the firm unveiling a 14 per cent dividend hike, as investors were left unconvinced by a bland set of results.
BT shares slump after FTSE 100 company reports drop in revenue July 25, 2024 BT shares opened lower by 3.9 per cent this morning after the company posted a decline in revenue for its first quarter. The company reported total revenue of £5.05bn in its first quarter of trading, a two per cent decline from the same period in 2023 and slightly south of consensus estimates. The giant said [...]
Magic circle Clifford Chance equity partners pocket over £2m July 24, 2024 Clifford Chance's revenue had double-digit growth as it reports its highest rate of revenue increase since 2017, with the firm tipping this to its investment in the US
Rentokil shares spike 11 per cent after BT boss eyes takeover July 22, 2024 Philip Jansen, the former chief of BT Group, is eyeing a bid to take over FTSE 100 pest control firm Rentokil Initial, according to reports.
Ofcom fines BT for being ‘ill-prepared’ on fault which stopped 14,000 calls to 999 July 22, 2024 The watchdog found that the UK's largest telecoms company lacked the ability to deal with the level of demand "reasonably expected".
FTSE 100 today: Blue-chip set to rise ahead of key earnings reports July 22, 2024 Asian stocks fell as Joe Biden exited the election race, China cut rates. Focus on earnings reports from major tech and banking firms.
BT: FTSE 100 giant’s majority shareholder Altice may be forced to sell stake as debt concerns grow July 21, 2024 The company initially built an 18 per cent stake in BT in 2021 using so-called funded equity collars. These combine bank loans and derivatives to help investors buy positions using borrowing money while hedging downside exposure.