BUSINESS LIVE: GSK raises guidance; Next exceeds forecasts; Aston Martin losses nearly double

Among the companies with reports and trading updates today are Next, GSK, Aston Martin Lagonda, Haleon, CVS Group, Smith & Nephew and Computacenter. Read the Wednesday 1 May Business Live blog below.

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Duke of Westminster’s property company Grosvenor to pay £50m dividend

The Duke of West- minster’s property company paid out over £50million in dividends – despite posting an annual loss.

Grosvenor, which owns large parts of London’s Mayfair and Belgravia, notched up losses of £28.6million in 2023, having made a profit of £110.4million the year before.

Oil firm Deltic Energy slams ‘hostile political environment’

Deltic Energy has lashed out at the UK’s ‘hostile political environment’ as it warned it may have to pull out of a major North Sea project.

Shares in the Aim-listed exploration company plunged by 47 per cent, or 18.1p, to 20.4p on the update, which related to Deltic’s 30 per cent stake in the Pensacola well, which is majority-owned and operated by Shell.

Anglo American in crisis talks with shareholders over £31bn BHP bid

Anglo American’s chairman has vowed to meet with shareholders to discuss a looming takeover battle for the miner.

City grandee Stuart Chambers, who has form selling off blue-chip companies, yesterday said he will hold talks with the firm’s top 30 investors.

The FTSE 100 index opened at 8144.13

The pound at 8am was $1.2469 compared to $1.2516 at the previous close.

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