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Pearson profits surge as it goes all-in on AI under new boss

Once known for textbooks, Pearson has placed its bets on the growth of AI, according to its new chief executive - after its profits almost doubled in 2023. ....

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Dunelm rewards shareholders as profits rise despite Red Sea disruption

Dunelm rewards shareholders as profits rise despite Red Sea disruption
whatsnew2day.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whatsnew2day.com Daily Mail and Mail on Sunday newspapers.

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Barclays resumes dividend after a year-long hiatus as annual profit halves


Barclays has resumed modest shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting expectations other British lenders will follow suit when they report 2020 earnings in the next few days.
The resumption came as Barclays profit fell by half, much less than forecast as a strong performance by its investment bank offset provisions against bad loans from the economic fallout of the COVID-19 pandemic.
Barclays shares, however, fell as much as 5 per cent, after the payout plans and a vague outlook set out with no profit targets left investors underwhelmed.
The bank said its returns are likely to improve meaningfully , without giving any numbers, and said pressure on income at its loss-making consumer business was likely to continue over the medium term. ....

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