Key Takeaways BCS will cut over 200 roles in IB, markets and research as part of a profitability drive. The cuts target reinvestment in trading, equity capital markets and key growth sectors. This follows recent streamlining moves, including asset divestitures and business realignment.Barclays PLC (BCS) intends to reduce 3% of its workforce in the investment banking (IB) division in the upcoming days. This is part of CEO C.S. Venkatakrishnan’s plan to boost the division’s profitability. This was reported ...

28 May 2025 | 7:48AM BST Rentokil Initial Plc (RTO.L): Sale of Workwear business for €410m Rentokil announced today that it has entered into an agreement to sell its French Workwear business with H.I.G Capital for a gross enterprise value of c.€410m (c.$465m) on a cash-free debt-free basis including an earn-out mechanism with maximum value of €30m (c.$34m) linked to performance in 2026. Per the release, total net cash proceeds are expected to be approximately €370m (c.$420m) and completion is expected to oc ...