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BAE Systems reports 11% jump in sales


By Michael Griffiths

BAE Systems has posted an 11% rise in sales to £14.6bn in its opening half results as the defence giant reported growth in all segments of its business.

The group’s underlying pre-tax earnings for the six months to 30 June were also up by 13% on the previous year, totalling £1.6bn.


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Greencoat UK Wind sells off interest in three wind farms

Greencoat UK Wind has agreed to partially dispose of three wind farms with a total value of £181m

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Taylor Wimpey revenue jumps 9% as profits hit

Taylor Wimpey has recorded a 9% increase in its revenue in the six months to 29 June, totalling £1.65bn

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HSBC publishes ‘messy' set of results

HSBC has recorded a "messy set of results" in the second quarter according to one analyst, after its pre-tax profit fell by 29% year-on-year to $6.3bn

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Greggs first half results not as strong as hoped

Greggs has seen its profit before tax fall by over 14% in the six months to 28 June, totalling £63.5m in this period

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Anglian Water agrees to pay £63m over wastewater failures

Anglian Water has been ordered to pay a £62.8m package by the water regulator Ofwat over failures to operate its wastewater treatment works and network

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Barclays exceeds expectations in first-half results

Barclays has reported a pre-tax profit of £5.2bn in the six months to 30 June, increasing by 23% year-on-year and beating expectations

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Card Factory buys Funky Pigeon from WH Smith

WH Smith has sold Funky Pigeon to Card Factory in a deal worth £24m

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BLOG: Liquidity lowdown: Overnight lending – The dynamics of secured vs unsecured

Royal London Asset Management's Adeline Derain discusses the market for overnight lending

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John Wood Group requests extension for Sidara takeover

John Wood Group has edged closer to a takeover by Sidara, after requesting an extension on the date by which the Dubai-based engineering and consulting company is required to make a firm intention for an acquisition or withdraw its offer

STV revenue drops 10% in H1

STV has seen its total advertising revenue fall by 10% year-on-year in the six months to 30 June
NatWest profits soar as it returns over £1.5bn to investors

NatWest has seen its profit before tax increase by 18.4% year-on-year in its first half results, reaching £3.59bn
Dotdigital enjoys 6% revenue boost

Software provider Dotdigital has reported a 6% jump in annual revenue to £83.9m in its latest full-year results


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