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FTSE opens lower, Sorrell's S4 Capital sinks on earnings decline - Market Report

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Manage episode 409073257 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The FTSE 100 slipped early on an albeit quiet day for company updates. Endeavour Mining was among those reporting though, with mixed results and the publication of an investigation into ousted former boss Sébastien de Montessus sending shares lower. WPP founder Martin Sorrell’s S4 Capital also fell after reporting a fall in revenue for last year, alongside a one-quarter dip in earnings. In other news, British Gas owner Centrica faced scrutiny after it emerged its chief executive was given a £4.5 million pay rise to £8.2 million last year, as the firm benefitted from higher prices. And finally, a report from the Institute for Public Policy Research has claimed that nearly 8 million UK jobs could be at risk from artificial intelligence in a worst-case scenario. #proactiveinvestors #ftse #ftse100 #footsie #wpp #martinsorrell #S4Capital #centrica #britishgas #endeavourmining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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605 episodes

Artwork
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Manage episode 409073257 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The FTSE 100 slipped early on an albeit quiet day for company updates. Endeavour Mining was among those reporting though, with mixed results and the publication of an investigation into ousted former boss Sébastien de Montessus sending shares lower. WPP founder Martin Sorrell’s S4 Capital also fell after reporting a fall in revenue for last year, alongside a one-quarter dip in earnings. In other news, British Gas owner Centrica faced scrutiny after it emerged its chief executive was given a £4.5 million pay rise to £8.2 million last year, as the firm benefitted from higher prices. And finally, a report from the Institute for Public Policy Research has claimed that nearly 8 million UK jobs could be at risk from artificial intelligence in a worst-case scenario. #proactiveinvestors #ftse #ftse100 #footsie #wpp #martinsorrell #S4Capital #centrica #britishgas #endeavourmining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
  continue reading

605 episodes

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