GlaxoSmithKline beat analyst expectations for its Q1 profit and sales, ahead of the planned listing of its large consumer healthcare division in July and stood by its forecasts for 2022.

Lloyds reported better than expected profits for Q1 2022 as they shrugged off the country's worsening cost of living crisis. They posted pretax profits of £1.6bn, down from £1.9bn in 2021, but ahead of the £1.4bn average of analyst forecasts complied by the bank.

London Stock Exchange states they are on track to meet all financial targets as it continued to integrate its $27bn acquisition of Refinitiv. LSEG said its Q1 total income was up 6.3% with good growth across all divisions.

M&G Group CEO John Foley is to resign as the board starts a new CEO search.

Persimmon have dispelled inflation-led slowdown concerns as demand remained strong in an undersupplied housing market. Its YTD forward sales stood at £2.8bn, compared with £3bn in 2021 when the sector was supported by several government measures.

Ted Baker says the board are inviting a "focused selection" of bidders for due diligence, but there is no certainty that a takeover offer will be made.

Vistry Group COO is to resign at end of the year to become CEO of MJ Gleeson.

WH Smith reported a HY profit following a recovery in sales and store footfall, helped by the easing of COVID-19 curbs and a recovery in global travel. They posted a headline group profit before tax and non-underlying items of £14m (compared with a loss of £19m a year earlier).

WPP have raised their FY net sales outlook after strong demand for its digital media, ecommerce and data services helped it to beat forecasts for Q1 trading. Like-for-Like revenue less pass-through costs jumped 9.5% in Q1. Net sales rose by 12% in 2021 and they have forecast around 5% growth for 2022.