FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Phoenix Group achieves strong full year results with a 5% dividend increase

Phoenix Group Holdings plc (LON:PHNX) has announced its 2022 Full Year Results. CASH Operating companies’cash generation £1,504m 2021: £1,717m  + RESILIENCE Solvency II Surplus andSCCR £4.4bn and 189%2021: £5.3bn and..

HSBC UK Bank acquires Silicon Valley Bank UK Limited

HSBC Holdings plc (LON:HSBA) has announced that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March..

JD Sports Fashion appoints Ian Dyson as a Non-Executive Director

JD Sports Fashion Plc (LON:JD), the leading global sports-fashion retailer, has announced that Ian Dyson will be appointed as a Non-Executive Director, with effect from 9 March 2023. Ian will..

Spirax Sarco deliver a strong performance with organic growth up 14%

Spirax-Sarco Engineering PLC (LON:SPX) has announced its 2022 full year results. Statutory 2022 2021 Reported Revenue+ £1,610.6m £1,344.5m +20% Operating profit £318.8m £320.9m -1% Operating profit margin 19.8% 23.9% -410..

Informa acquires B2B events group, Tarsus

Informa plc (LON:INF), the international Academic Markets, B2B Markets and Digital Services Group, has announced the acquisition of B2B Events group, Tarsus for $940M. Stephen A. Carter, Group Chief Executive,..

Hiscox Chairman Robert Childs to retire from the Board

Hiscox Ltd (LON:HSX), the international specialist insurer, has announced that Robert Childs has informed the Board of his intention to retire as Chairman and to step down from the Board..

Vodafone Group completes the sale of 50% of its German company to Altice

Vodafone Group Plc (LON:VOD) has announced that, following the announcement on 17 October 2022, it has completed the sale of 50% of its German Fibre-to-the-Home company to Altice. The creation..

Admiral Group PBT down 39% against a backdrop of high inflation

Admiral Group plc (LON:ADM) has reported resilient 2022 full year results against a backdrop of high inflation. 2022 Results Highlights Comment from Milena Mondini de Focatiis, Group Chief Executive Officer: “I..

Fresnillo revenue decreased 10.0% year-on-year

Fresnillo plc (LON:FRES) has announced its financial results for the full year ended 31 December 2022. Octavio Alvídrez, CEO said: “Fresnillo delivered a resilient operating performance in 2022, with our..

WPP acquires German healthcare specialist PR agency 3K Communication

WPP plc (LON:WPP) has announced that it has acquired 3K Agentur für Kommunikation (3K), one of the leading healthcare specialist PR agencies in Germany. 3K will become part of the..

Ashtead Group deliver strong Q3 performance, group revenue up 25%

Ashtead Group plc (LON:AHT) has announced its unaudited results for the nine months and third quarter ended 31 January 2023. Third quarter 2023 Third quarter 2022 Third quarter Growth1 Nine..

AstraZeneca Enhertu showed clinically meaningful and durable responses

AstraZeneca Plc (LON:AZN) today provided an results from an analysis of the ongoing DESTINY-PanTumor02 Phase II trial. Positive high-level results from an analysis of the ongoing DESTINY-PanTumor02 Phase II trial..

Pearson financial performance ahead of expectations for second consecutive year

Pearson plc (LON:PSON) has announced its 2022 preliminary results (unaudited). Andy Bird, Pearson’s Chief Executive, said: “These results are testament to the strong momentum that we’ve been building operationally and..

Rightmove revenue up £27.7m on 2021 to £332.6m

Rightmove plc (LON:RMV), the UK’s largest property portal, has announced its audited results for the year ended 31 December 2022. Financial Highlights 2022 2021 Change vs 2021 % Change vs..

Haleon delivered a strong performance whilst navigating a highly volatile environment

Haleon plc (LON:HLN) has announced its full year results for the twelve months ended 31 December 2022 (unaudited). Strong growth with a healthy balance of price and positive volume/mix ●..

Reckitt Benckiser Q4 LFL net revenue growth of 6.2%

Reckitt Benckiser Group PLC (LON:RKT) has announced its final results.   Q4 2022 £m Q4 2022 Actual Q4 2022 Change3 Constant FY 2022 £m FY 2022 Actual FY 2022 Change3..

Persimmon achieves strong financial results with five-star customer service and quality

Persimmon Plc (LON:PSN) has announced Final Results for the year ended 31 December 2022. Dean Finch, Group Chief Executive, commented: “Persimmon delivered a very strong performance in 2022. I am..

Unite Group performance ahead of pre-pandemic peak

Unite Group plc (LON:UTG) has announced its final results for the year ended 31 December 2022. Richard Smith, Chief Executive of Unite Students, commented: “We delivered a strong operational performance..

abrdn’s Brian McBride to step down as Non-Executive Director

abrdn plc (LON:ABDN) has announced that Brian McBride has advised that he will not seek re-election at the Company’s Annual General Meeting on 10 May 2023 and will stand down..

Associated British Foods continue to encounter significant cost pressures

Associated British Foods plc (LON:ABF) has announced its pre-close period trading update. Trading summary for the half year For the half year, we expect total sales for the Group to..

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