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Sainsbury’s sales dampened by Argos dip


By Michael Griffiths

Sainsbury’s has blamed the performance of its Argos business on “significant headwinds” from a fall in consumer confidence during the company’s Christmas trading period


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Glencore shares jump after Rio Tinto merger talks resume

Shares in Glencore increased by almost 10% after talks resumed over a potential merger deal with FTSE 100 listed Anglo-Australian mining company, Rio Tinto

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M&S boosted by Christmas food sales although fashion trading down

Marks & Spencer (M&S) has announced a 5.6% jump in like-for-like food sales to £2.72bn over the Christmas period, although trading in the retailer’s fashion, home and beauty division suffered a dip

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Tesco shares drop following Q3 and Christmas trading update

Tesco has seen its share price fall by almost 6% after like-for-like (LFL) sales increased by 2.9% in the 19 weeks to 3 January

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Greggs delivers consumer confidence warning as share price cools

Greggs has reported a 2.9% jump in like-for-like sales at its company-managed shops in Q4, although the bakery chain warned that “subdued consumer confidence” had impacted its performance across the full year

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Shares in ABF plummet following profit warning

Associated British Foods (ABF) has seen its share price drop by over 11% after warning that its operating profit and earnings per share are set to be below last year’s figures

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Halma acquires Safetec for £63m

Halma has acquired Italian fire and gas safety solutions manufacturer, Safetec, for £63m

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M&A activity in UK financial services sector doubles in 2025

The UK’s financial services sector saw an increase in total disclosed deal value from £19.7bn in 2024 to £38bn in 2025, new data from EY has shown

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London IPOs rise in 2025 although performance weakens

Last year saw a rise in the number of initial public offerings (IPOs) on the London Stock Exchange (LSE) compared to 2024, although AJ Bell has highlighted that the average performance had declined

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Centaur Media delays £64m tender offer and sells Econsultancy business

Centaur Media has delayed a £64m tender offer to shareholders after stating it needs to ensure there are sufficient distributable reserves

Next raises profit expectations after strong Christmas

Next has forecast its annual pre-tax profit to hit £1.15bn when it reports its full year results to the end of January, an increase of £15m on its previous guidance
Topps Tiles revenue rises for fifth consecutive quarter

Topps Tiles has announced its fifth consecutive quarter of revenue growth, after posting a 3.7% year-on-year revenue rise in its latest Q1 results
NG Bailey pension scheme secures £155m buy-in with PIC

The NG Bailey Pension and Life Assurance Plan has completed a £155m buy-in with Pension Insurance Corporation (PIC)


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