Full List Of Stories
Barclays Q1 profits fall 12% as mortgage demand subdued
Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.
Sainsburys sees strong profit growth this year on food pivot
UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Europe open: Shares down but BHP $38bn bid for Anglo dominates markets
European shares fell in early trade on Thursday amid a deluge of earnings, trading updates, disappointing results from US tech giant Meta and BHP's $38bn bid for rival mining giant Anglo-American.
Inchcape holds guidance as Q1 revenues rise 5%
Car dealer Inchcape on Thursday reiterated its annual outlook after a 5% rise in first-quarter revenues.
Travis Perkins Q1 revenues fall 3.7% on weak building sector demand
Building products supplier Travis Perkins said first quarter revenue fell 3. 7% as weak demand in the construction sector continued to impact trading.
WPP Q1 revenues fall 1.4%; Guidance held
UK advertising agency WPP on Thursday said revenues fell 1. 4% as it lost a healthcare client and spending by technology companies was cut back.
FTSE 250 movers: Cussons shines on St Tropez sale plan; Mitie slumps on placing
FTSE 250 19,741. 86 -0. 29%.
Allfunds shares fall after report sale plans shelved
Shares in Allfunds Group fell sharply on Wednesday on a report the European fund distribution platform had abandoned talks on a potential sale.
Europe midday: Shares hold gains despite Evotec plunge on outlook
European shares made slight gains on Wednesday as the UK's FTSE 100 posted another intra-day record, but comments from a European Central Bank policy maker on rate cuts also tempered sentiment, while shares in German biotech firm Evotec slumped by a third on a disappointing outlook.
Lloyds Bank holds guidance as Q1 profit falls 28% on margin squeeze
Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Europe open: Shares up amid Q1 updates, but Nagel comments weigh
European shares edged higher at the open on Wednesday as the UK's FTSE 100 posted another intra-day record, but comments from a European Central Bank policy maker on rate cuts also tempered sentiment.
Abrdn AUM rises 3% in first quarter as flows rebound
Investment manager Abrdn recorded net inflows of £800m in the first quarter of the year, driven by stronger markets.
Aviva targets £100m operating profit from health by 2026
UK insurer Aviva said it aimed to deliver £100m of health operating profit by 2026.
Bunzl Q1 revenues fall on weaker US volumes, customer destocking
International distribution and services group Bunzl said revenue in the first quarter fell 2. 4% on a constant currency basis, driven by lower volumes in its US foodservice redistribution business, American retail customers clearing inventory and deflation.
Jupiter falls as clients pull £1.6bn in Q1
Jupiter Fund Management shares fell on Tuesday as the investment firm saw net outflows of £1. 6bn during the first quarter.
Spotify Q1 revenues rise, but user numbers miss estimates
Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.
Europe midday: Shares extend gains as EZ PMI boosts sentiment
European shares surged ahead on Tuesday, with Britain's FTSE 100 index hitting a record high and upbeat survey data from the eurozone boosting sentiment.
UK govt's tax cut plans hit as March borrowing comes in higher-than-expected
UK government borrowing overshot forecasts in March, producing a budget deficit that was £6. 6bn higher than expected, official data revealed on Tuesday, damaging plans for a pre-election tax cut by Finance Minister Jeremy Hunt.