Browsing Tag
United Kingdom
850 posts
BP p.l.c. profit more than doubles to $5.73bn, but shares fall as oil rally masks execution test
BP p.l.c. delivered its strongest quarterly underlying profit since 2022 as higher oil prices, trading and refining boosted earnings. Investors are now testing whether the improvement can survive weaker commodity markets.
HSBC (LSE: HSBA) lifts 2026 income outlook as first-half profit rises 23% to $19.5bn
HSBC Holdings plc has raised its 2026 banking net interest income guidance and resumed share buybacks after stronger lending, deposits and wealth activity lifted first-half earnings. The results were strong, but the bank’s elevated valuation leaves less room for disappointment.
National Grid cuts executive committee to eight as £70bn investment plan enters execution phase
National Grid plc is replacing its business-unit-heavy leadership structure with UK and United States presidents, supported by dedicated capital delivery and technology functions. The simpler model could accelerate decision-making across its record investment programme, but the company has not disclosed immediate savings or restructuring targets.
Hornsea 3 Offshore Wind Farm: UK’s 2.9GW North Sea project advances through offshore construction in 2026
The Hornsea 3 Offshore Wind Farm is a 2.9GW offshore wind project in the UK North Sea, owned 50% by Ørsted and 50% by Apollo-managed funds, with Ørsted leading construction and operations as the project targets completion around the end of 2027.
Bright Horizons (NYSE: BFAM) stock falls as Q2 earnings expose childcare margin tension
Bright Horizons raised adjusted EPS guidance, but impairment charges and center closures keep NYSE’s childcare recovery story complicated.
Dream Industrial REIT enters UK multi-let industrial market with Chancerygate deal
Dream Industrial REIT enters UK multi-let industrial real estate, but leasing, yields and fee growth will decide whether the Chancerygate deal works.
BP’s 700 job cuts expose how aggressively Meg O’Neill is dismantling the old organisation
BP is preparing to cut about 8% of its non-frontline production and operations roles as a new two-division structure, asset sales and debt reduction reshape the British energy major.
Lloyds Banking Group (LON:LLOY) hits 52-week high as £1bn buyback tests 2030 plan
Lloyds hit a 52-week high after £4.3bn profit and a £1bn buyback. The harder test is whether Accelerate 2030 can lift returns to 20%.
KKR’s reported £170m logistics plan changed before closing. What does the final deal reveal?
KKR and Mirastar have completed another UK logistics acquisition from PLP, adding four prime assets as institutional investors return to income-producing warehouses.
WSP Global’s second Arcadis approach fails on price and paper currency concerns
Arcadis rejected WSP Global's €5.2 billion revised bid at €51.50 per share, citing undervaluation, WSP stock risk, and leverage inside a combined entity.