UK asset managers pile into cut-price software stocks after rout Investing Two of Britain’s largest asset managers have bolstered their positions in under-fire software companies in a bet that markets are overestimating the harm that artificial intelligence will have on their business model. Aberdeen and Rathbones have both added to holdings data giants like Relx, Adobe and Experian, arguing that the firms’ cratering valuations are largely [...]
Anthropic’s new AI legal tool wipes billions off European data stocks AI Shares in Europe’s biggest data, publishing and legal software groups slumped after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close to 11 per cent, while Pearson dropped around four per cent. London [...]
FTSE 100 Live: Taylor Wimpey and Fuller’s Budget warning; Starmer under fire Markets Good morning from the City AM live blog team. The FTSE 100 is springing back to life this week, managing to seal its second consecutive record close at 9,899.60p after a 1.15 per cent gain and bringing the index a whisker away from the 10,000 mark. The blue-chip index has rallied after the US government [...]
Experian to include rent payments in credit scores November 3, 2025 FTSE 100 giant Experian has announced plans to include rental payments in a major revamp of the formation of credit scores. The agency said it was overhauling its scoring system to better reflect “more of the everyday financial behaviours that matter” which included things “like paying rent or reducing overdraft use”. It follows a warning [...]
Experian: UK revenue stalls as global growth surges July 15, 2025 Experian delivered a strong first-quarter performance for 2025, with total revenue up 12 per cent and organic growth hitting eight per cent – at the top end of the company’s guidance. But while the global data and technology giant posted strong numbers across North America, Latin America and EMEA, its home UK market continued to [...]
How many days a week is the FTSE 100 spending in the office? January 29, 2025 In an exclusive poll for City AM, Joanna Hodgson surveys major firms to see if hybrid working is still king in the UK A three-day office week is dominant among some of Britain’s biggest companies, with employers spanning insurance, financial services and property continuing to embrace flexible working in 2025, findings from an exclusive City [...]
Experian: Global data and tech operations drive growth January 15, 2025 Experian reported an eight per cent increase in total revenue for the third quarter of fiscal year 2025, as the firm stressed the strength of its global data and technology arms. According to a trading update published this morning, the consumer and analytics firm maintained outlook, as its organic revenue rose by six per cent, [...]
Experian lifts margin outlook as revenue rises November 13, 2024 Revenue was up six per cent in the six months to September, rising to $3.6bn from $3.4bn in the same period last year.
Experian: Strong consumer sales helps firm maintain expectations July 16, 2024 Strong growth in North America helped consumer and data analytics firm Experian to maintain its guidance in a quarterly update which saw the firm's total revenue increase substantially.
Experian: Strong consumer spending and mortgage demand drive solid growth May 15, 2024 Experian's growth was boosted by a recovery in the US mortgage market towards the end of 2023.