Sun. Dec 22nd, 2024

BUSINESS LIVE: Pearson profits jump; ITV sells Britbox stake; Rightmove hails another strong year<!-- wp:html --><div> <p class="author-section byline-plain">This is why it’s money <a target="_blank" href="https://twitter.com/intent/follow?screen_name=thisismoney&tw_p=followbutton" class="twitter-follow-author" rel="noopener"><span class="follow-author"></span></a> </p> <p class="byline-section"><span class="article-timestamp article-timestamp-updated"> <span class="article-timestamp-label">Updated:</span> 03:04 EST, March 1, 2024 </span> </p> <p> <!-- ad: https://mads.dailymail.co.uk/v8/us/money/moneymarkets/article/other/para_top.html --> <!-- CWV --><!--(if !IE)>>--> <!– <!--(if IE)>--></p> <p> <!--(if !IE)>>--> <!–<!--(if IE)>--></p> <p> <!--(if !IE)>>--> <!–<!--(if gte IE 8)>>--> <!– <!--(if IE 8)>--></p> <p> <!--(if IE 9)>--></p> <p> <!--(if IE)>--></p> <p> <!--(if !IE)> --> <!–</p> <p> <!-- SiteCatalyst code version: H.20.3. Copyright 1997-2009 Omniture, Inc. More info available at http://www.omniture.com --> </p> <p> <!-- End SiteCatalyst code version: H.20.3. --> <!--(if IE)>--></p> <p> <!--(if !IE)> --> <!–<!--(if IE)>--></p> <p> <!--(if !IE)> --> <!– </p> <p> <!-- CWV --></p> <div> <p class="mol-para-with-font">Companies with business reports and updates today include Pearson, Smiths Group, ITV, Rightmove and Babcock International. </p> <div class="mol-web-desktop moneymarkets"> <div class="postListLayout_1lOeW_RO money"> <div class="postListWrapper_23sqoxd2 postListWrapperActive_1iHlOecK"> <div> <div class="postItemWrapper_3neUe0_U"> <div class="rowLayout_1DHYN8qE"> <div class="postItem_1uUs-hu4"> <h2 class="postItemTitle_1WqUGhNH">Britain for sale: the country’s largest companies are eliminated one by one</h2> <div> <div> <p class="embedParagraph_1I1nW9oF">First it was Wincanton, then Currys and now Direct Line. Companies at the heart of the UK economy are falling prey to foreign suitors – and this could be just the beginning.</p> </div> <div> <p class="embedParagraph_1I1nW9oF">As global deals return with a vengeance after a long hiatus, private equity tycoons and cash-rich corporations see listed British companies as a bargain.</p> </div> <div> <div class="embedDMWrapper_c6nJ9xDY"> <div class="embed-dm-image_32IWLKV6"><a target="_blank" href="https://www.thisismoney.co.uk/money/markets/article-13142677/Britain-Sale-countrys-biggest-firms-picked-one-one-foreign-predators-pounce.html" rel="noopener"></a></div> </div> </div> </div> </div> </div> </div> <div class="postItemWrapper_3neUe0_U"> <div class="rowLayout_1DHYN8qE"> <div class="postItem_1uUs-hu4"> <h2 class="postItemTitle_1WqUGhNH">Women are now the majority at the top of the Bank of England</h2> <div> <div> <p class="embedParagraph_1I1nW9oF">Women will be a majority on the Bank of England’s powerful Monetary Policy Committee (MPC) for the first time in its 329-year history after the appointment of a new deputy governor.</p> </div> <div> <p class="embedParagraph_1I1nW9oF">Threadneedle Street said yesterday that Clare Lombardelli (pictured), chief economist at the OECD international think tank, will sit on the panel that sets interest rates from July.</p> </div> <div> <div class="embedDMWrapper_c6nJ9xDY"> <div class="embed-dm-image_32IWLKV6"><a target="_blank" href="https://www.thisismoney.co.uk/money/markets/article-13142765/Women-majority-Bank-England-Lombardelli-appointed-deputy-governor.html" rel="noopener"></a></div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <p> <!-- ad: https://mads.dailymail.co.uk/v8/us/money/moneymarkets/article/other/inread_player.html --></p> <div class="column-content cleared"> <div class="shareArticles"> <h3 class="social-links-title">Share or comment on this article: LIVE BUSINESS: Pearson’s profits rise; ITV sells stake in Britbox; Rightmove hails another strong year</h3> </div> </div> <p class="mol-style-italic byline-section justify">Some links in this article may be affiliate links. If you click on them, we may earn a small commission. That helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.</p> <p> <!-- ad: https://mads.dailymail.co.uk/v8/us/money/moneymarkets/article/other/mpu_comment_desktop_1.html?id=mpu_comment_desktop_1 --></p> </div><!-- /wp:html -->

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Companies with business reports and updates today include Pearson, Smiths Group, ITV, Rightmove and Babcock International.

Britain for sale: the country’s largest companies are eliminated one by one

First it was Wincanton, then Currys and now Direct Line. Companies at the heart of the UK economy are falling prey to foreign suitors – and this could be just the beginning.

As global deals return with a vengeance after a long hiatus, private equity tycoons and cash-rich corporations see listed British companies as a bargain.

Women are now the majority at the top of the Bank of England

Women will be a majority on the Bank of England’s powerful Monetary Policy Committee (MPC) for the first time in its 329-year history after the appointment of a new deputy governor.

Threadneedle Street said yesterday that Clare Lombardelli (pictured), chief economist at the OECD international think tank, will sit on the panel that sets interest rates from July.

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