Latest News

Santander completes £2.65bn TSB acquisition


By Dan McGrath

Santander UK has completed the acquisition of TSB for an all-cash consideration of £2.65bn.

The takeover, which received regulatory approval from the Prudential Regulation Authority and the European Central Bank, represents the single largest investment in the UK banking sector for over 15 years


Story 2

Rolls-Royce trading update ‘restores calm’ following geopolitical uncertainty

Rolls-Royce has seen its share price increase by over 6% after it was able to "restore some calm" after a turbulent few months following the beginning of the Middle East conflict.

The FTSE 100 engineering firm said it had a "strong start" to the year across all three of its divisions, with its defence sector recording a good beginning to 2026, following an improved aftermarket performance

Story 3

Bank of England holds base rate at 3.75%

The Bank of England (BoE) has chosen to hold interest rates at 3.75% as uncertainty continues surrounding the economic impact of the conflict in the Middle East

Story 4

Unilever posts 3.8% USG in Q1

Unilever has recorded a 3.8% increase in its underlying sales growth (USG), totalling €12.6bn in the period, with volume growth jumping by 2.9%

Story 5

Persimmon records no ‘material impact’ from Iran conflict

Persimmon said that it has not experienced "any material impact" from the heightened macroeconomic uncertainty on either its supply chain or sales rates in its latest trading update

Story 6

Lloyds reaches £2bn in profit in Q1

Lloyds Banking Group has reported a 33% increase in its profit before tax year-on-year in the three months to 31 March, totalling £2bn.

The bank said the rise was a result of higher total income, which beat expectations to jump by 9% to £4.8bn, with return on tangible equity (RoTE) standing at 17%

Story 7

OSB originations jump 11% in Q1

OSB Group has recorded an 11% quarter-on-quarter increase in its originations to £1.2bn in Q1, with good growth in its buy-to-let and residential sectors

Story 8

Halfords reports sales growth of 4.8% in FY26

Halfords has recorded a 4.8% increase in its group like-for-like (LFL) sales in the year to 3 April, with retail LFL sales jumping by 4.1%

Story 9

Jet2 reports ‘another strong year’ in FY26

Jet2 has reported "another strong year" in the 12 months to 31 March, despite expecting a drop in its operating profit

Story 10

Treatt shares soar following £183m takeover deal

Shares in Treatt have jumped by over 45% after it agreed to a £183m offer from German multinational firm, Döhler, to acquire the remaining shares it does not already own

BP profits more than double in Q1

BP’s profits have increased by over 130% year-on-year to almost $3.2bn in the first quarter of 2026, following disruptions in the Middle East
Taylor Wimpey shares fall 5% following ‘pricing pressure’

Shares in Taylor Wimpey have fallen by over 5% after the housebuilder reported "some underlying pricing pressure"
Card Factory reports 31% profit drop in FY26

Card Factory has seen its profit before tax (PBT) fall by 31.5% year-on-year to £43.9m in the 12 months to 31 January, after operating against a "challenging consumer backdrop"


View More News

BANNER

BANNER

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Tick here to confirm you are happy to receive news and promotions sent by Corporate Finance News that you can opt out of at any time.


© 2019 Perspective Publishing     Privacy & Cookies