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News

  • August 1, 2024

Another one? Next hikes profit guidance again as sales soar ahead of expectations

Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.

  • August 1, 2024

Rolls-Royce hikes guidance and brings back dividend after profit almost doubles

Rolls increased full-year guidance for underlying operating profit to between £2.1bn and £2.3bn after half-year profit nigh on doubled.

  • August 1, 2024

London Stock Exchange Group beats expectations with Microsoft tie-up on the horizon

London Stock Exchange Group profit surged nine per cent for the group over the last six months, as the bourse owner prepares to launch products from its collaboration with Microsoft.

  • August 1, 2024

Bupa profits shoot up 45 per cent due to growth in health insurance

Bupa's total underlying profit for the first six months of H1 shot up by 45 per cent which was driven by the strong increase in revenues and returns across all its market unit.

  • August 1, 2024

House price growth accelerates ahead of potential interest rate cut

UK house price growth has accelerated in the past month as buyer confidence picked up and mortgage rates fell ahead of a potential interest rate cut by the Bank of England. UK house prices rose by 0.3

  • August 1, 2024

Barclays announces £750m buyback after beating expectations

Barclays joined other lenders in announcing sizeable returns to shareholders after performing ahead of expectations in the second quarter. In the three months to June, Barclays reported a pretax profi

  • August 1, 2024

Schroders stock dips seven per cent despite profit remaining steady

Schroders saw assets under management hit a new high of £773bn, as the company prepares to make a mark in the private capital space.

  • August 1, 2024

Mark Kleinman: Is £300bn Shell merger Total summer speculation?

In this week's column, Mark Kleinman tackles the Shell merger, Cineworld closure and Dan Wagner's Rezolve AI.

  • August 1, 2024

England ‘particularly bad’ at building houses where they are needed, research shows

Nationwide the total number of properties grew 21 per cent between 1996 and 2021, according to the Institute for Fiscal Studies (IFS).

  • August 1, 2024

Square Mile and Me: Enness CEO Islay Robinson on his career – and a flaming suit mishap

Each week we ask a City figure to take a trip down memory lane. Today, Islay Robinson, CEO of Enness Global Mortgages, takes us through his career, from a flaming suit mishap to his love for London W

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