BUSINESS LIVE: AstraZeneca buys Gracell; Former Wilko stores witness 'amazing' sales

Updated: 08:38 GMT, 27 December 2023

Among the companies with reports and trading updates today are AstraZeneca and Poundland.

Britons resolve to save as they bank on a brighter financial New Year

One in three Britons is planning to make a New Year’s resolution to tackle their finances in 2024 — and saving more for a rainy day is the most popular pledge.

As many as 25 per cent of those making a financial resolution plan to spend less, while 16 per cent plan to pay off at least some of their debts.

‘Invest to make Britain better’, says departing L&G boss Nigel Wilson

On a blustery day on Tyneside, Sir Nigel Wilson is in his element. The Legal & General boss is visiting the Newcastle Helix, a £350million urban redevelopment he helped finance.

Wilson, who grew up on a council estate in nearby Newton Aycliffe, is about to step down after more than 11 years at the top of L&G.

Fashion house Stella McCartney narrows losses to £10m

Stella McCartney’s fashion house slashed its losses last year as it pushed ahead with a turnaround.

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The label, run by the daughter of Beatles legend Paul McCartney, said losses shrank to £10million in 2022 – compared with £32.7million in 2021.

AstraZeneca agrees to buy Shanghai-based Gracell Biotech in £1bn deal

AstraZeneca has agreed to buy a Shanghai-based pharmaceutical company for just under £1bn as it places its bets on China’s medical technology.

Britain’s biggest drugmaker yesterday said it would buy Gracell Biotechnologies for up to £950million.

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