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News

  • July 31, 2024

Pensions take another step towards private markets in Schroders Phoenix joint venture

Schroders and Phoenix Group have launched a new private markets manager, Future Growth Capital, with £1bn in backing. The new joint venture between the asset manager and pension giants is a significa

  • July 31, 2024

Rio Tinto chief rejects calls to drop London Stock Exchange listing to focus on Australia

The world's second biggest miner holds a dual-listing on the London and Sydney Stock Exchanges, but has faced calls from investors to prioritise Australia.

  • July 31, 2024

FTSE 100: BP, Shell and oil prices surge on assassination of Hamas leader in Iran

The FTSE 100 jumped over a hundred points on Wednesday morning, after the assassinations of two Hamas and Hezbollah leaders caused the index’s energy and commodities constituents to surge. Shares in

  • July 31, 2024

Rachel Reeves: ‘I think we will have to increase taxes’

Speaking on the News Agents podcast, Rachel Reeves said "I think we will have to increase taxes in the Budget".

  • July 31, 2024

Wickes: Brits still holding back on big-ticket items as DIY goods preferred

Wickes reported a mixed set of results for the half of the year, with consumers still unwilling to spend on big-ticket items but happy to buy DIY retail goods. Overall group sales fell by 3.4 per cent

  • July 31, 2024

Metro Bank share price soars after lender reports its on track for profitability later this year

Metro Bank expects to return to profitability in the final quarter of 2024 as the lender attempts to stage a recovery from a volatile year.

  • July 31, 2024

Taylor Wimpey: Housebuilder suffers dent to profit ahead of planning reform

Housebuilder Taylor Wimpey suffered a dent to revenue and profit in a set of half year results in which it hailed the new government's "recognition" of planning laws as being a "major barrier" to hous

  • July 31, 2024

Reach: Profit picks up at Mirror publisher despite falling revenue

The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.

  • July 31, 2024

Just Eat: Brits lead the way for takeaway giant as revenue dips

Brits willing to shell out cash on takeaways fuelled Just Eat in the first half of the year, but negative growth in north America and southern Europe led to a dip in revenue overall. Total revenue dro

  • July 31, 2024

Rio Tinto profit edges higher as miner eyes copper takeover

Rio Tinto's profit edged up 1.8 per cent during the first half of the year, as the miner has begun to eye a takeover in the copper space.

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    FINANCIAL ACADEMY

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