UK ban on acquisition-only energy tariffs to remain in Ofgem U-turn

The main UK regulator for electricity and downstream natural gas Ofgem has announced that the ban on acquisition-only tariffs will stay in place, just two...

Tue, 30/07/2024 - 09:50


TOP NEWS: Croda International cuts outlook as profit slumps 18%

Croda International PLC on Tuesday reported a weaker first-half performance, although it said the business is on track for future growth with investments delivering greater...

Tue, 30/07/2024 - 09:45


Fresnillo ups dividend as earnings climb on robust metal prices

Fresnillo PLC on Tuesday announced a rise in revenue for the first-half of 2024, and it backed output guidance.

The Mexico-focused precious metals producer Fresnillo...

Tue, 30/07/2024 - 09:33


TOP NEWS: Diageo raises dividend despite annual profit and sales fall

Diageo PLC on Tuesday announced a challenging year, citing geopolitical volatility, as it expected pressures to persist in the new financial year.

The London-based brewer...

Tue, 30/07/2024 - 09:27


TOP NEWS: Sage confirms annual guidance after 9% revenue increase

Sage Group PLC on Tuesday confirmed its annual outlook, as it reported a strong rise in revenue in the first nine months of its financial...

Tue, 30/07/2024 - 09:26


LONDON MARKET OPEN: Blue-chips fall back after mixed bag of earnings

London’s FTSE 100 fell on Tuesday, underperforming European peers, held back by some underwhelming earnings, with Diageo particularly badly hit.

The FTSE 100 index traded down...

Tue, 30/07/2024 - 09:17


IN BRIEF: WPP hires former BT CEO Philip Jansen to be next board chair

WPP PLC - London-based advertising agency - Picks Philip Jansen to be its next non-executive chair. Jansen was chief executive of telecommunications provider BT Group...

Tue, 30/07/2024 - 09:01


UK law to bring train services into public ownership clears hurdle

Government legislation designed to help nationalise train operation in the UK has moved closer to becoming law.

The Passenger Railway Services (Public Ownership) bill would ensure...

Tue, 30/07/2024 - 08:59


TOP NEWS: BP promises more shareholder returns as profit tops forecast

Shares in BP PLC rose on Tuesday as the oil major rewarded shareholders with a higher dividend and announced plans for further share buybacks.

Share in...

Tue, 30/07/2024 - 08:51


TOP NEWS: BHP teams with Lundin Mining to buy Filo for C$4 billion

BHP Group Ltd and Lundin Mining Corp have agreed to jointly acquire Filo Corp for about C$4.1 billion, or around $2.96 billion.

This C$33.00 per...

Tue, 30/07/2024 - 08:23


Pages