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.

Vodafone Group due diligence completed on Vodafone Egypt sale

Vodafone Group plc (LON:VOD) has announced that due diligence has been substantively completed with respect to the potential sale of its 55% stake in Vodafone Egypt to Saudi Telecom Company...

AstraZeneca’s Fasenra phase III OSTRO trial met co-primary endpoints

High-level results from the OSTRO Phase III trial showed AstraZeneca plc (LON:AZN) Fasenra (benralizumab) compared with placebo demonstrated a statistically significant improvement in the size of nasal polyps and in..

BHP Group updates on its progress on climate action

BHP Group plc (LON:BHP) has provided an update on its progress on climate action, new climate commitments, and how it integrates climate change into corporate strategy and portfolio decisions. BHP’s..

BAE Systems Paula Rosput Reynolds to step down from the Board to join National Grid

BAE Systems plc (LON:BA) has confirmed that Ms Paula Rosput Reynolds will step-down from its Board on 31 December 2020, having served as a non-executive director for over nine years...

Ashtead Group achieve record free cash flow for the first quarter of £447m

Ashtead Group plc (LON:AHT) has announced its unaudited results for the first quarter ended 31 July 2020. First quarter2020£m First quarter2019£m Growth1% Underlying results2,3 Rental revenue 1,081 1,165 -8% EBITDA..

Experian revises second quarter revenue expectations

Experian plc (LON:EXPN), the global information services company, has issued an update on its expectations for trading for the three months ending 30 September 2020. In July 2020, we stated..

DS Smith sees volume growth in August

DS Smith Plc (LON:SMDS) has issued a trading update in respect of the period since 1 May 2020, accompanying today’s Annual General Meeting. Trading update The business has progressed well..

Ocado Group appoints Michael Sherman as an Independent Non-Executive Director

Ocado Group plc (LON:OCDO) has announced that Michael Sherman, Chief Strategy and Transformation Officer of BT Group plc, has been appointed as an Independent Non-Executive Director with effect from 5..

Associated British Foods’ Primark Q4 trading exceeded expectations

Associated British Foods plc (LON:ABF) has issued the following update prior to entering the close period for its full year results for the 52 weeks to 12 September 2020, which..

National Grid’s consultation response to Ofgem’s RIIO-2 draft determinations

National Grid plc (LON:NG) has submitted its responses to Ofgem’s RIIO-2 draft determinations on Friday. Our detailed response sets out why we regard a significant number of the current proposals,..

Polymetal International initial mineral resource estimate at Tomtor

Polymetal International plc (LON:POLY) has announced that its associate ThreeArc Mining Ltd has completed an initial Mineral Resource estimate in accordance with the JORC Code for the Buranny area of..

BHP Group appoints Christine O’Reilly as an independent non-executive Director

BHP Group plc (LON:BHP) Chair, Ken MacKenzie, has announced the appointment of Christine O’Reilly to the BHP Board as an independent Non-executive Director, effective 12 October 2020. Ms O’Reilly has..

Berkeley Group Holdings resilient trading over the period

Berkeley Group Holdings plc (LON:BKG) is holding its Annual General Meeting today (which will be a closed meeting in accordance with recent Government legislation and related restrictions in response to..

WPP’s Wunderman Thompson acquires Velvet Consulting

WPP plc (LON:WPP) has announced today that Wunderman Thompson has acquired Velvet Consulting, a leading French customer experience consultancy. By combining marketing, data science and technology, Velvet Consulting enables its..

GlaxoSmithKline and Sanofi initiate Phase 1/2 clinical trial of COVID-19 vaccine

GlaxoSmithKline plc (LON:GSK) and Sanofi have announced the start of the Phase 1/2 clinical trial for their adjuvanted COVID-19 vaccine. The vaccine candidate, developed in partnership by Sanofi and GSK,..

Melrose Industries’ net debt reduced by £93 million

Melrose Industries PLC (LON:MRO) has announced its interim results for the six months ended 30 June 2020. Highlights Continuing operations Adjusted1 results2020£m Adjusted1 results2019£m Statutory results2020£m Statutory results2019£m Revenue 4,359..

Bunzl completes acquisition of MCR Safety

Bunzl plc (LON:BNZL) has announced that, further to the announcement issued on 24 August 2020, it has now completed the acquisition of MCR Safety, a distributor of a variety of..

Barratt Developments reduced completion volumes, increased costs and impacted profit due to COVID-19

Barratt Developments PLC (LON:BDEV) has announced its annual results for the year ended 30 June 2020. Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said: “While..

Rio Tinto TRQ update on Oyu Tolgoi

Rio Tinto plc (LON:RIO) has noted Turquoise Hill Resources’ publication of its ‘2020 Oyu Tolgoi Technical Report’ in relation to the Oyu Tolgoi project in Mongolia. The 2020 OTTR has..

M&G completes acquisition of UK Wealth Management platform Ascentric

M&G plc (LON:MNG) has announced the completion of its acquisition of the UK Wealth Management platform Ascentric from the Royal London Group. The acquisition, which was announced in May, is..

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