Sainsbury’s to sell Argos in £120m cut-price deal July 31, 2026 Sainsbury’s has said it will sell long-struggling catalogue retailer Argos for £120m, a fraction of the £1.4bn it bought it for a decade ago. The supermarket giant has struck a deal with Swift Partners – a new company led by On the Beach chairman Richard Pennycook and former Morrisons boss Trevor Strain. Their takeover will [...]
Currys hands outgoing boss Alex Baldock £2m pay rise July 30, 2026 FTSE 250 giant Currys has handed its outgoing boss Alex Baldock a more-than-£2 m pay rise, capping off the chief executive’s successful turnaround of the business. The electrical retailer handed Baldock a £6.3m total pay package this year, marking a 54 per cent hike from last year’s £4.1m. Baldock joined Currys in 2018 and is [...]
Western Europe’s Fashion E-commerce Market Matures, Representing 20% of Online Consumer Spending as Gen Z Drives momentum July 30, 2026 Second-hand platforms and value-focused retailers are disrupting Western Europe’s fashion market, which accounts for nearly one-fifth of online spending
LSEG boss hails ‘growing momentum’ of Pisces as profit soars July 30, 2026 The boss of London Stock Exchange operator LSEG has hailed the “growing momentum” of its new Pisces venue as it reported a jump in profit. Chief executive David Schwimmer said the new private markets venue, which recently saw some of its first major transactions, was “opening up significant new market opportunities.” Earlier this month, autonomous [...]
AB InBev Reports Second Quarter 2026 Results July 30, 2026 Solid top- and bottom-line performance: Revenue up by 5.6%, Beer volume growth of 1.1% and a 23.4% Underlying EPS increase
Everest Reports Second Quarter 2026 Results July 29, 2026 Annualized 14.2% Net Income ROE and 14.9% Net Operating Income ROE Annualized Total Shareholder Return of 16.8% $559 million of Net Income and Combined Ratio of 92.0% $317 million of Underwriting Income and Combined Ratio of 90.0% from our Core Businesses* Repurchased $395 million of Common Shares During the Quarter
Jacob Parsons Appointed Global CEO of Indicium AI July 29, 2026 Indicium AI has announced the appointment of Jacob Parsons as Global Chief Executive Officer. Jacob will lead delivery of the company’s global strategy, with a particular focus on building the business in the United States, the single biggest growth opportunity for the company as enterprises across every industry race to put frontier AI into production. [...]
On a roll: Greggs shares soar as it doubles down on aggressive expansion July 29, 2026 Shares in Greggs soared on Wednesday as the bakery chain said it plans to reach at least 3,500 stores in the UK after a jump in profit in the first half of the year. The sausage roll purveyor reported a 20 per cent boost in pre-tax profit to £76m in the six months to June, [...]
Bureau Veritas: Delivering on Our Commitments With Higher Sequential Organic Growth in Q2 and Continuous Margin Improvements July 29, 2026 Bureau Veritas (BOURSE:BVI): H1 2026 key figures1 › Revenue of EUR 3,258.4 million in H1 2026, up 2.1% year-on-year and up 5.0% organically (with a sequential improvement in Q2 2026 at 5.5% organic growth), › Adjusted operating profit of EUR 506.5 million, up 3.1% versus EUR 491.5 million in H1 2025, representing an adjusted operating [...]
Nobel Peace Prize maker’s UK arm seeks administrator July 28, 2026 The London Mint Office, one of the largest numismatic distributors, is lining up administrators after 20 years in business. Founded in 2006, the company is part of Europe’s largest coin company, the Samlerhuset Group, based in the Netherlands. The UK entity acts as a major retailer for collectors, including specially minted items celebrating British royalty [...]