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Macquarie proposes business disposal to address gas metering competition concerns.
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Bank policymaker Megan Greene warns about persistent UK wage pressure. Her comments highlight the tension between pay expectations, inflation risks and borrowing costs, without establishing the next interest-rate decision.
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Volution reports revenue growth driven largely by recent acquisitions worldwide. Annual sales reached £484.8m, while adjusted operating profit and statutory operating profit both increased amid mixed regional trading conditions.
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Britain has expanded Russia sanctions covering oil and financial networks. Official notices list 26 designations and 12 ship specifications, alongside separate administrative changes and compliance requirements.
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Brink’s has proposed disposals to address UK cash machine concerns. The CMA may accept the undertakings, potentially avoiding an in-depth investigation of the NCR Atleos acquisition.
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E.ON has completed its acquisition of UK supplier OVO Energy. The enlarged retail operation combines substantial customer bases, while existing tariffs and customer service arrangements remain unchanged immediately following completion.
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VodafoneThree has increased annual savings ambitions to £1bn by 2032. The revised target reflects further network consolidation, while Vodafone forecasts substantial earnings and cash-flow growth in its UK operation.
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The FCA proposes longer withdrawal notice periods for illiquid funds. Its consultation would introduce a minimum 90-day notice for certain retail investment products, affecting managers, advisers and investors.
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New research estimates overlooked British microbusiness sectors generate £868bn annually. Xero and Cebr identify 3.3 million businesses supporting 3.8 million direct jobs, while finding significant differences in how often their sectors feature in parliamentary debate.
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Bridgepoint has upgraded profit guidance after stronger fund performance today. The investment group has also reached its €28bn fundraising target early and expects substantially higher performance-related cash receipts over the next five years.