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The Latest Breaking News from Melrose Industries

Andy Burnham's top aide in 'corruption' row over secretive arms firm dinner

ANDY Burnham’s right-hand man has become embroiled in a “corruption” row over a secretive event he hosted for arms companies.

The National (Scotland)

Stocks climb but BP knocked by chairman’s sudden exit

The FTSE 100 closed up 25.13 points, 0.2%, at 10,491.39.

Evening Standard

FTSE 100 struggles as Brent oil tops 100 dollars once more

The FTSE 100 closed down 21.63 points at 10,476.46.

Evening Standard

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FTSE 100’s early gains fade as war deadline looms

The index closed down 110.99 points, or 1.1%, at 10.498.09.

Evening Standard

FTSE 100 up in quiet trading as defence stocks rise

Defence stocks were higher after Prime Minister Sir Keir Starmer said Britain must ‘go faster’ on defence spending.

Evening Standard

Top UK CEOs richer than ever: FTSE 100 boss pay breaks records for third year

Median pay for Britain’s top bosses rose 6.8% to a record high, with 13 executives earning €11.6M or more, as critics warn of deepening inequality.

Euronews

Record salaries for UK chief executives as pay rises for third year in a row

Report finds more than £1bn handed out to just 217 FTSE 100 bosses in the last financial year

The Guardian - UK

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Melrose shrugs off tariff uncertainty amid boost from defence demand

The owner of GKN Aerospace posted pre-tax profits of £379 million for the six months to June 30, against losses of £105 million a year ago.

Evening Standard

FTSE 100 surges as traders hopeful over US-EU trade negotiations

The blue chip index rose 60.08 points, or 0.69%, to close at 8,778.05, bringing it just shy of a nearly three-month peak.

Evening Standard

Wall Street stocks surge after UK-US trade deal while FTSE 100 wavers

London’s top stock market index wavered slightly on a day that trade policy continued to be front and centre of attention.

Evening Standard

FTSE 100 wavers but Wall Street stocks surge after UK-US trade deal

Governor Andrew Bailey stressed that the UK is an ‘open economy’ and would face a potential impact

The Independent UK

US stocks rally after bruising week while defence stocks lift FTSE

New York’s top index, the S&P 500, was making strides after markets opened, reversing some of the heavy losses from recent days.

Evening Standard

FTSE 100 gains as mining stocks boosted by gold rebound

The blue-chip index outperformed European rivals on Monday, with miners including Endeavour, Anglo American and Fresnillo among the top gainers.

The Independent UK

Melrose ups profit guidance under new boss despite Boeing problems

Melrose Industries, the former conglomerate turned aerospace specialist, saw profit more than double thanks to a rebound in the aviation sector and raised profit forecasts for next year even higher.

Evening Standard

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The Guardian - UK

FTSE 100 firms hand billions in dividend payouts to Qatar investors

Critics say everyday UK consumer spending has funnelled billions to controversial World Cup host since 2010

Birmingham Post

Melrose Industries to break up GKN by spinning off automotive and powder metallurgy divisions

Turnaround investor says the proposal gives each 'an exciting opportunity to grow shareholder value'

Evening Standard

Melrose to split in two with spin-off of its GKN automotive business

Boss of FTSE 100 engineer tells the Standard it’s about getting the company’s ‘mojo back’

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