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.

ITV to acquire a majority interest in Plimsoll Productions

ITV plc (LON:ITV) has announced that it has agreed to acquire a majority interest of 79.5% in Plimsoll Productions, the largest independent producer of natural history programmes in the world..

Entain acquires leading online sports betting and gaming operator, BetCity

Entain plc (LON:ENT), the leading global sports betting, gaming and interactive entertainment group, has announced that it has agreed to acquire the entire share capital of BetEnt B.V., which trades..

Smurfit Kappa expect no material impact on production following paper mill fire

At approximately 19.40 BST yesterday evening a fire broke out in an adjacent premises to the Smurfit Kappa SSK Paper Mill in Birmingham. High winds carried the fire which reached..

Standard Chartered Financial Markets investor event

Standard Chartered PLC (LON:STAN) will deliver a one-hour digital investor event on its Financial Markets business on Tuesday 14 June 2022 at 09:00 (UKT) / 16:00 (HKT/SGT). This event is..

GSK positive results for phase III RSV vaccine candidate

GSK plc (LON:GSK) has announced positive headline results from a pre-specified efficacy interim analysis of the AReSVi 006 phase III trial. The interim analysis was reviewed by an Independent Data..

Berkeley Group to appoint Michael Dobson as new Non-Executive Chairman

Berkeley Group Holdings plc (LON:BKG) has announced that Michael Dobson will be appointed as the next Chairman of the Company. Michael joins the Board and the Nomination Committee today as..

AVEVA delivers solid results with ARR up 10.2% to to £768.7m

AVEVA Group plc (LON:AVV) has announced its results for the year ended 31 March 2022. Highlights Pro forma results1 ·      Annualised Recurring Revenue (ARR)2 increased 10.2% to £768.7m (FY21: £697.8m). ·      On an..

Severn Trent AGM to be held on Thursday 7 July 2022

Severn Trent Plc (LON:SVT) has announced that it has today published its 2022 Annual Report and Notice of Annual General Meeting. Copies of the following documents have been submitted to..

Pearson to sell its local K12 Courseware businesses in Italy and Germany

Pearson plc (LON:PSON), the world’s leading learning company, announced in March 2021 a strategic review of its International Courseware local publishing businesses. As part of this review, Pearson already completed..

AstraZeneca’s Enhertu to redefine the treatment of HER2-targetable cancers

AstraZeneca plc (LON:AZN) Enhertu reduced the risk of disease progression or death by 50% vs. chemotherapy in patients with HER2-low metastatic breast cancer with HR-positive and HR-negative disease. AstraZeneca and Daiichi..

B&M European Value Retail appoints Alex Russo as new CEO

B&M European Value Retail S.A. (LON:BME) has announced, following the announcement on 22 April 2022 that Simon Arora intends to retire as Chief Executive Officer in 12 months from that..

GSK to acquire clinical-stage biopharmaceutical company Affinivax

GSK plc (LON:GSK) has announced that it has entered into a definitive agreement to acquire Affinivax, Inc., a clinical-stage biopharmaceutical company based in Cambridge, Boston, Massachusetts, for a $2.1 billion..

Auto Trader hitting record levels in financial performance and product uptake

Auto Trader Group plc (LON:AUTO), the UK’s largest digital automotive marketplace, has announced full year results for the year ended 31 March 2022 Strategic overview –     Our financial performance,..

United Utilities supporting customers with no increase in average household bills

United Utilities Group PLC (LON:UU) has announced its full year results for the year ended 31 March 2022. Delivering for the North West – Supporting customers, colleagues, communities and environment..

RS Group outperform with revenue growth of 28%

RS Group plc (LON:RS1) has announced its results for year ended 31 March 2022. Highlights 2021/22 2020/21 Change Like-for-like1 change Revenue £2,553.7m £2,002.7m 28% 26% Adjusted2 operating profit £320.4m £188.3m 70% 78%..

Hikma Pharmaceuticals CEO Siggi Olafsson to step down

Hikma Pharmaceuticals PLC (LON:HIK) has announced that Siggi Olafsson has resigned as Chief Executive Officer, and from Hikma’s Board of Directors, to pursue other opportunities. Said Darwazah, Hikma’s Executive Chairman..

Kingfisher sales significantly ahead of pre-pandemic performance

Kingfisher plc (LON:KGF) has provided its Q1 22/23 sales. Key points ·    Sales significantly ahead of pre-pandemic performance (3-year LFL +16.2%), supported by strong market share gains ·    Sales of £3.2bn in..

Taylor Wimpey appoints two new Independent Non Executive Directors

Taylor Wimpey plc (LON:TW) has announced that Mark Castle and Clodagh Moriarty will be appointed as Independent Non Executive Directors with effect from 1 June 2022. Mark Castle Mark is..

National Grid appoints Iain Mackay as a Non-executive Director

National Grid plc (LON:NG) has announced the appointment of Iain Mackay as a Non-executive Director of the Board with effect from 11 July 2022, standing for election at the Company’s..

Airtel Africa’s SmartCash PSB commences trading in Nigeria

Airtel Africa plc (LON:AAF), a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced that its subsidiary SmartCash Payment Service Bank..

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