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Market report

Ashley to step down at Frasers | FirstGroup board changes

Mike Ashley
REFRESH PAGE FOR UPDATES 5pm: FTSE 100 snaps winning streak A stronger pound weighed on the export-heavy FTSE 100 as the Bank of England said it could see a modestRead More

Failure to pay

Firms ‘named and shamed’ for breaching wage laws

Dunkeld House Hotel
On the list: Dunkeld House Hotel (pic: Terry Murden) A Perthshire hotel, John Lewis Partnership and a holiday venue are among 191 companies “named and shamed” today by the UKRead More

Market report

Taylor Wimpey tops forecast| L&G | Hut deal | RR asset sale

Taylor Wimpey
REFRESH PAGE FOR UPDATES 5pm: FTSE 100 higher on PMI data The FTSE 100 closed 18.14 points, or 0.3% higher at 7,123.86, below the day’s peak of 7,142.54 but aboveRead More

House sales fall

Stewart Milne plunges to £71.5m lockdown loss

Stewart Milne - housing and housebuilding
Fewer houses were sold by the company last year Stewart Milne, the housebuilder, is expecting a return to profitability after plunging to a £71.5 million loss last year as itRead More

Oil boost

BP raises dividend after swing back into profit

BP
BP: making good progress Energy giant BP plans to raise its dividend by 4% and increase share buybacks after beating expectations for second-quarter profits on the back of higher oilRead More

Soft drinks

AG Barr lifted by ‘market factors’ in first half

Irn-Bru commonwealth
AG Barr says it will resume dividend payments Irn-Bru maker AG Barr said factors driving a strong first six months are unlikely to be repeated in the second half ofRead More

Market report

FTSE 100 lifted by positive BP statement | Greggs ahead

BP Clair Ridge
REFRESH PAGE FOR UPDATES 5pm: Stocks hold on to gains Shares in London were lifted by a series of dividend announcements, not least from BP whose 4% uplift (see below)Read More

Market report

Meggitt in £6.3bn takeover | HSBC restores dividend

HSBC
REFRESH PAGE FOR UPDATE 5pm: London leaps on Meggitt news Melrose Industries, owner of aerospace and automotive engineer GKN, posted a 5.18% gain after defence firm Meggitt unveiled an agreed bidRead More

Daily Business Live

HSBC restores dividend after doubling profits

HSBC
REFRESH PAGE FOR UPDATES 7am: Meggitt recommends £6.3bn takeover Defence and aerospace technology firm Meggitt has agreed an 800p per share takeover offer from US company Parker-Hannifin, valuing the companyRead More

Contributions rise

One in five firms plans job cuts after furlough change

Older worker
Older workers are more vulnerable One in five companies is considering staff redundancies as they are expected to pay more towards wages. From today employers’ contributions to furloughed staff rises to 20% fromRead More