David Tyler, chair of The Parker Review, said good progress had been made in relation to ethnic diversity at the UK’s biggest listed firms.

The sharp decline mirrors other market falls across Europe

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Jes Staley previously said he ‘deeply regrets’ his association with Jeffrey Epstein, whom he described as being ‘professionally fairly close’ to.

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On Wall Street, the S&P 500 had plunged 2.3% by the time European markets closed, and Dow Jones was down 1.2%.

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Shares in Travis fell more than 5% shortly after the announcement.

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Paul Whitehead is returning to lead the online property portal after he left as chief strategy officer in 2018.

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Tesco is understood to have been affected by delays to a ship transporting the fruit to the UK.

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The company, which offers life insurance, pensions and retirement planning, said it would be distributing £181 million to eligible customers.

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The building society, which is the second largest in the UK, bought The Co-operative Bank at the beginning of the year.

The insurance group said it was a ‘priority’ to be one of the most competitive insurers in the market.

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The business, which is one of the world’s largest sports betting and gaming groups, has been steering a turnaround of its financial performance.

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Customers were affected across pay day this year by tech outages at banks

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The gambling giant, which says it is the world’s leading online sports betting firm, forecast significant growth this year.

Current chief executive Ian Stuart will be taking on a newly-created position of group customer and culture director.

The bakery chain saw sales rise by 11.3 per cent from 2023 as it launched new shops, extended its opening hours and raised prices

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It follows a successful year for the bakery chain

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The insurance giant is preparing to be bought by rival insurer Aviva after agreeing to a tie-up.

The UK firm, which is based in Rickmansworth, Hertfordshire, said last year that it was cutting its global workforce to help reduce costs.

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London’s top stock market index was up 53.53 points, or 0.61%, to end the day at 8,809.74.

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Entain will publish its full-year financial results on Thursday, while Flutter Entertainment will also share its earnings on Tuesday.

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Leeds Building Society said it heard from hundreds of its members concerned bout the potential overhaul.

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Shares in the engine manufacturer soared by more than 15% after it also said it would buy back about £1 billion of stock from investors.

The London-listed company said its total revenues edged lower in 2024, with the final three months of the year impacted by weaker client spending.

Economist Swati Dhingra, who is a member of the Bank’s monetary policy committee, said the UK was sensitive to changing import prices.

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The UK’s FTSE 100 moved 62.79 points higher, or 0.72%, to close at 8,731.46.

Labour MP Justin Madders said UK firms had their ‘own approach’ to equality, amid pressure from the American government to scale back initiatives.

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The chief executive of United Utilities said pollution incidents were not something that could be fixed ‘instantly’.

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The blue-chip index gained 9.69 points, or 0.11%, to close at 8,668.67.

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Pennon’s chief executive Susan Davy said her base salary was rising from £494,000 to £511,000 this year.

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New data from the FTSE Women Leaders Review shows that women now occupy 43.4% of boardroom positions across FTSE 350 companies.

The UK’s blue-chip index dipped 0.39 points to close at 8,658.98.

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