 | International Consolidated Airlines Group SA (CDI) (IAG), whose brands include Aer Lingus and Iberia, has blamed higher fuel prices for causing profits to dive by a third last year. |
 | Estate agent Foxtons Group (FOXT) reported a 30 per cent plunge in adjusted core profit to £2.5million in 2019 as Britons bought and sold fewer homes and its letting business was hurt by the ban on tenant fees. |
| Aerospace giant continued its loss-making run last year due to ongoing problems with the Trent 1000 engine. | |
 | Three former Barclays (BARC) executives have been cleared of fraud over a £4billion investment deal with Qatar at the height of the banking crisis. |
 | Persimmon (PSN) has announced the departure of its chief executive as the housebuilder scrambles to improve the quality of its homes following a damning independent review and a deluge of customer complaints. |
 | Online gambling company Mr Green, owned by William Hill (WMH), has been fined £3m for “systemic failings” in its measures to stop money laundering and problem gambling. |
| Aston Martin Holdings (AML) plunged to a loss of more than £100m last year as sales fell and it warned of possible disruption from the coronavirus outbreak, underlining the struggling carmaker’s need for a bailout led by the fashion mogul Lawrence Stroll. |
 | Playtech (PTEC) issued a warning on profits this morning after confirming that its Italian and Chinese businesses had been hit by the spread of the coronavirus outbreak. |
 | Trading in the shares of NMC Health (NMC) have been suspended following discussions with the City regulator in the wake of a deepening accounting scandal. |
| Lawrence Stroll, the would-be Formula 1 mogul and fashion industry tycoon, and his consortium of Aston Martin Holdings (AML) rescuers have ended up with nearly 22 per cent control of the British sportscarmaker after a deeply discounted rights issue. | |
 | WPP (WPP) warned that revenues were unlikely to rebound this year after a sharp downturn in the final three months of 2019, sending shares in the world’s largest advertising company to an eight-year low. |
 | The aviation services provider Menzies(John) (MNZS) has warned that it expects its profits to take a multimillion-pound hit as a result of disruption caused by coronavirus. |
 | puts boot into JD Sports Fashion (JD.) over Footasylum tie-up. Bitter rival wants competition watchdog to appoint trustee to run disposal process. |
 | Drax Group (DRX) to withdraw from coal use, cutting 230 jobs. UK power group plans to close plants in 2022 ahead of the 2025 deadline. |
| Shares in NMC Health (NMC) suspended following accounting scandal. Healthcare provider has fired its chief executive after finding bank discrepancies. |
| Persimmon (PSN) chief executive to step down. UK housebuilder under pressure to overhaul culture will begin search for replacement. |
 | Reckitt Benckiser Group (RB.) takes £5bn writedown on Mead Johnson purchase.Tough Chinese market weighs on baby foodmaker’s performance. |
| StanChart lowers 2020 income growth target. Emerging markets-focused bank also hit by recession in markets such as Hong Kong. | |
 | Bike scheme knocks $4bn Sophos Group (SOPH) deal temporarily off balance. Watchdog approval sought for takeover by US private equity firm Thoma Bravo due to cycle subsidy for staff. |
| Corona maker struck by coronavirus outbreak. AB InBev says outbreak has affected sales in China and will cut first-quarter profits by a tenth. | |
| Reckitt Benckiser Group (RB.) slumps to a loss on £5bn charge. Laxman Narasimhan says FTSE 100 company is a ‘good house in a great neighborhood and has the potential to be a great house again’. |
| NMC Health (NMC) shares suspended after boss fired. Abu-Dhabi-based company says suspension is ‘to ensure the smooth operation of the market’. |
 | Topps Tiles (TPT) shares plunge on profit warning. Flooring business is suffering as homeowners turn their backs on renovations. |
| Aston Martin Holdings (AML) clears out board as losses widen. Finance chief Mark Wilson will depart no later than April 30. |
| Aston Martin Holdings (AML) has warned coronavirus has the potential to impact on demand and supply in China – its fastest growing market – as it posted pre-tax losses of £104.3million for 2019, against losses of £68.2million a year earlier. | |
| Consumer healthcare giant Reckitt Benckiser Group (RB.) has slumped to a £1.9 billion operating loss for the year despite increasing sales. The Durex and Dettol owner said sales increased by 2 per cent to £12.8billion for the year. |
| The liberalisation of sports gambling laws in the USA helped Betfair’s parent firm record a 14 per cent increase in year-on-year revenue. However profits fell, partly due to new gambling regulations in the UK. | |
| The chief executive of UK housebuilder Persimmon (PSN) has stepped down after just over a year in the role. |
| Crisis-hit NMC Health (NMC) has fired its chief executive after discovering it could be on the hook for £260million of secretly arranged loans. |
 | Marks & Spencer Group (MKS) has launched a digital bra-fitting tool to boost sales of its best selling product. The ailing retailer has struggled to return its clothing section to former glories due to supply issues and accusations its fashion styling is dowdy. |
 | The FTSE 100 drinks group behind Johnnie Walker and Guinness, Diageo (DGE), joined the growing list of companies to warn about the impact of coronavirus as it predicted a hit of up to £200 million on its 2020 profits. |
| An extraordinary rift at the heart of the family has thrown a spotlight on the tangled web that binds the Barclays (BARC)’ various interests. |
 | Weir Group (WEIR) is preparing to sell its oil and gas division after a £546 million writedown on the value of the business pushed the group to an annual loss. |
 | Metro Bank (MTRO), the challenger lender pole-axed by an accounting blunder last year, slumped to a full-year loss of £130.8 million for 2019 and will have to pay back £50 million of subsidy payments after reining in expansion plans. |
| The suffered its biggest intraday fall in almost five months amid worries that its $27 billion acquisition of Refinitiv could be delayed. | |
 | The chief executive of SIG (SHI) has left, only a fortnight after returning to work from a leave of absence taken for family reasons before Christmas. |
| Drinks giant Diageo (DGE) says it could lose up to £200million this year from coronavirus as the outbreak impacts sales throughout Asia. The Gordon’s ginmaker said demand has been knocked across greater China, where the outbreak started. |
| Disney CEO Bob Iger has been abruptly replaced as the head of the iconic company. The former weatherman said he would be stepping down from his $47.5million-a-year job as CEO and was appointed executive chairman, effective immediately. | |
 | Wagamama owner Restaurant Group (RTN) has said it plans to close up to 90 restaurant sites by the end of next year. The dining firm said the closures will impact sites across its leisure portfolio, which includes the Frankie & Benny’s brands. |
| Bookmaker William Hill (WMH) saw pre-tax profits fall by just over half to £96.5million last year as stricter government regulations on gambling in the UK took effect. |
 | Embattled fashion group Ted Baker (TED) is axing 160 roles as it sets its sights on further cost cuts amid falling sales and dwindling profits. |
| The company behind railway station and airport chains including Upper Crust and Caffe Ritazza has confirmed the impact from the coronavirus outbreak is severely hitting parts of its business. | |
 | Lloyds Banking Group (LLOY) will axe 780 full-time branch jobs, according to Unite. The High Street banking giant, which incorporates Lloyds, Halifax and Bank of Scotland, has been cutting back on branches in recent years, with 56 closures announced at the end of last month. |
| Metro Bank (MTRO) scales back branch openings amid £130m loss. It will start slowing down its branch openings across the country, as it looks to cut costs and return to profit. |
 | Intu Properties (INTU), the debt-laden owner of shopping centres, including the Trafford Centre in Manchester and Lakeside in Essex, has won some breathing space by agreeing an extension to its overdraft facility. |
| Ted Baker (TED) is to axe 160 roles as the fashion retailer grapples with declining sales, profits and a £58m accounting error. |
| Metro Bank (MTRO) is significantly scaling back expansion plans after recording a loss of more than £130m caused partly by an accounting error. |
 | BP (BP.) is to sever links with three US-based trade associations, including the country’s main refining lobby, because of disagreements over their climate-related policies and activities. |
| Almost 1,600 jobs are to be axed at Lloyds Banking Group (LLOY) and Direct Line Insurance in the latest spate of job losses to hit the financial sector. |
| Lloyds Banking Group (LLOY) and Direct Line to cut hundreds of UK jobs. Groups reveal plans to cut costs as more customers go digital. |
| Barclays (BARC) jury sent out to consider verdicts. Criminal trial is the first in the UK to look at the actions of senior bankers during the financial crisis. |
| Intu Properties (INTU) says it needs £1.3bn to secure the future. Target higher than £1bn analysts had expected from struggling UK property group. |
| William Hill (WMH) narrows losses after cutting shop estate. Gambling group said it has closed 713 shops. |
 | Insurer Direct Line Insurance Group (DLG) to cut 800 UK jobs in bid to lower costs. Personal insurance industry faces rising claims expenditure and weak premiums growth. |
| Metro Bank (MTRO) to slash expansion plans in broad shake-up. Lender seeks to refocus business after a reporting error derailed previous plans. |
| Weir Group (WEIR) prepares exit from struggling oil and gas business. Mining and energy equipment maker slumps to annual loss on £546m writedown. |
| Blackstone to buy UK student flats from Goldman for £4.7bn. Deal hailed as country’s largest-ever private real estate transaction. |
© Vox Markets 2024. All rights reserved.
Follow @VOXmarketsTerms and conditions | Community standards | Compliance | Privacy and cookie policy
Prices and trades are delayed by at least 15 minutes. Vox Markets takes no responsibility for the accuracy of the information within this site. All times quoted are based on the current time in London, UK.