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Vodafone reports 8% revenue increase in FY26


By Dan McGrath

Vodafone has recorded an 8% increase in its revenue to €40.5bn, following strong service growth and its consolidation of Three UK.

The telecommunications firm said the increase was partially offset by foreign exchange movements


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Compass increases profit guidance in H1 results

Compass Group has increased its full-year profit guidance after reporting a year-on-year underlying operating profit jump of 12% in the six months to 31 March, totalling $1.84bn

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IAG remains confident in jet fuel supply

International Airlines Group (IAG) has stated that it is confident in its jet fuel supply in its main markets throughout the summer, despite the impact of the Middle East conflict.

The group, which owns airlines including British Airways and Aer Lingus, said that while there is potential for jet fuel to be restricted on a global basis, it is "well hedged" at 70% for the rest of the year

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M&S acquires Asos fulfilment centre for £67.5m

Asos has agreed terms with Marks & Spencer (M&S) to sell its Lichfield fulfilment centre for £67.5m

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EQT submits ‘final’ proposal for Intertek

EQT has submitted its "final offer" for Intertek, valued at £10.6bn including debt

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Greggs issues ‘reassuring’ trading update

Greggs has published what has been described a "reassuring" trading update by AJ Bell, as the bakery chain's share price increased by 4%

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LondonMetric and Schroder REIT offers £403m for Picton

LondonMetric and Schroder Real Estate Investment Trust (REIT) have agreed an all-share offer for Picton, valued at £403.4m

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JD Sports shares jump despite profit warning

Shares in JD Sports increased by over 6% in early trading, after the retailer widened its profit guidance for the current financial year.

In the year to 31 January, the firm’s sales increased by 10.5% to £12.6bn, driven by the annualisations of the Hibbett and Courir acquisitions in the previous year

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BAE Systems reports ‘strong’ performance in 2026

BAE Systems has recorded a "strong operational and financial performance" so far in 2026, as the defence giant reiterated its full-year guidance

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TBC Bank appoints new CFO

TBC Bank Group has appointed Guy Stevens as its new group chief financial officer (CFO), effective from 13 July

M&G returns to inflows in Q1

M&G has posted net inflows of £600m in three months to 31 March, following outflows of £100m in the same period last year
Wetherspoons issues profit warning as costs increase

Wetherspoons has stated that its profits may be slightly below market expectations as costs increase across the business
Intertek rejects latest EQT bid

Intertek has rejected another bid from the Swedish private equity firm, EQT, valued at £10.3bn


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