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.

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..

IAG orders Boeing 737-8200 and 737-10 in line with net zero commitments

International Consolidated Airlines Group (LON:IAG) has reached agreement with Boeing to order 25 737-8200 and 25 737-10 aircraft, plus 100 options. The aircraft will be delivered between 2023 and 2027..

British Land portfolio value up 6.8%

British Land Company PLC (LON:BLND) has announced its full year results. Performance summary £2.2bn capital activity – actively recycling capital into areas of growth and value –  £694m from the sale..

Burberry Group FY22 revenue increased 10% with adjusted operating profit up 38%

Burberry Group plc (LON:BRBY) has announced its preliminary results for 53 weeks ended 2 April 2022. “Burberry is a unique British company with an extraordinary history and heritage and it..

Vodafone Group growth in revenues, profits and cash flows

Vodafone Group Plc (LON:VOD) has announced its FY22 Preliminary results. Good financial performance with growth in revenues, profits and cash flows ·   Good service revenue growth in FY22 with continued growth..

DCC hosting ‘Leading with Energy’ investor event today

DCC plc (LON:DCC), the leading international sales, marketing and support services group, is hosting an event for market participants today at 1.00 p.m. BST, 17 May 2022. The event will..

Experian to acquire Brazilian fintech company MOVA

Experian plc (LON:EXPN), the global information services company, has announced that it has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A., a leading fintech in Brazil that helps..

Vodafone Group appoints Stephen Carter as a non-executive director

Vodafone Group Plc (LON:VOD) has announced that Stephen Carter will be appointed as a non-executive director following the Company’s Annual General Meeting on 26 July 2022, subject to shareholder approval...

BT and Warner Bros Discovery to form premium sport JV

BT Group plc (LON:BT.A) has agreed a set of definitive agreements with Warner Bros. Discovery Inc (NASDAQ:WBD) to form a 50:50 joint venture company to create a new premium sport..

Compass Group revenues above pre-COVID levels

Compass Group plc (LON:CPG) has announced its half year results announcement for the six months ended 31 March 2022. Underlying1 results HY 2022 Underlying1 results HY 2021 Underlying1 results Change..

ITV delivers a robust operational and financial performance in Q1

ITV plc (LON:ITV) has announced its Q1 Trading Update for the 3 months to 31 March 2022. Carolyn McCall, ITV Chief Executive, said: “ITV has achieved strong Q1 revenues driven..

Rightmove CEO Peter Brooks-Johnson to step down

After over 16 Years with Rightmove plc (LON:RMV), Peter Brooks-Johnson, the CEO, has made the decision to step down from the Board and leave the Company in the coming year...

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