Latest News

Tesco ‘committed’ to keeping prices down in preliminary results


By Dan McGrath

Tesco has stated that it is committed to doing whatever it can to "help keep down the price of the weekly shop", after its sales increased by 4.6% year-on-year.

The supermarket stated in its preliminary results for the 2025/26 financial year that sales totalled £66.5bn in the year to 28 February, while its operating profit increased by 0.8% to £3.15bn


Story 2

easyJet set to post £550m loss in H1

easyJet has stated that it expects to report a headline loss before tax of between £540m and £560m in the first half of the 2026 financial year, despite demand remaining positive in the first half

Story 3

UK GDP ‘bounces back’ in February but caution remains

UK gross domestic product (GDP) expanded by 0.5% month-on-month in February, which is the biggest monthly increase in over two years, the Office for National Statistics (ONS) has revealed

Story 4

Standard Life acquires Aegon UK in £2bn deal

Standard Life has agreed a deal to acquire Aegon UK for £2bn to create the UK’s largest retirement savings and income business.

The enlarged group will have 16 million customers and assets under administration (AUA) totalling an estimated £480bn

Story 5

Saga profits rise despite higher finance costs

Saga has recorded a 19% increase in its underlying profit before tax, totalling £44.2m in the year to 31 January, which was ahead of its guidance despite expected higher finance costs

Story 6

Barratt Redrow reiterates guidance in Q3 update

Barratt Redrow has reiterated its profit before tax guidance of £568m for the current financial year, with a range of between £534m and £586m

Story 7

Intertek shares jump as it launches strategic review

Shares in Intertek increased by over 12% after the product testing and certification company announced a strategic review to evaluate a potential separation of Intertek Energy & Infrastructure

Story 8

Halma acquires Surgistar for £67m

Halma has acquired Surgistar for £67m as a bolt-on for its healthcare sector company, MicroSurgical Technology (MST)

Story 9

Polar Capital's AuM jump 8% quarter-on-quarter

Polar Capital has recorded an 8% quarter-on-quarter increase in its assets under management (AuM) in the three months to 31 March, totalling just over £30bn

Story 10

Imperial Brands’ share price hit following cautious outlook

Imperial Brands saw its share price drop by over 5% in early trading after publishing what AJ Bell described as a "cautious outlook" in its latest trading update

AO World expects revenues at top end of guidance

AO World has revealed it is expecting to report total revenue growth of around 11% when it publishes its full-year results, coming in at the top end of its guidance
PageGroup profits hit as client confidence remains subdued

PageGroup has recorded a 4.9% drop in its gross profit year-on-year to £187m, citing subdued levels of client and candidate confidence
Aldermore Bank put up for sale by South African owner

The owner of Aldermore Bank has put the UK challenger bank up for sale after calling the motor finance redress scheme proposed by the Financial Conduct Authority (FCA) “deeply flawed”


View More News

BANNER

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