Finance 13 May 2026

UK & AU Stock Market Today: Live Updates 30.05.2026
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UK & AU Stock Market Today: Live Updates 30.05.2026

LIVEMarkets rolling coverageStarted: May 30, 2026, 4:00 AM EDTUpdated: May 30, 2026, 8:16 AM EDT BP Chairman Removal Highlights Governance Concerns and Valuation Discount May 30, 2026, 6:44 AM EDT. BP (LSE:BP) ousted its chairman Albert Manifold amid allegations of bullying and internal disputes, elevating governance risks for investors. The stock trades at £5.218, about 17% below the £6.30 analyst target and nearly 50% below estimated fair value, despite a 53% gain in the past year. The controversy has spurred potential legal action and underscores scrutiny of BP’s board oversight and culture. The share price fell 9.4% over the past
May 30, 2026
Aristocrat Leisure Shares Surge 13% as A$1 Billion Buyback Changes the ASX Story
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Aristocrat Leisure Shares Surge 13% as A$1 Billion Buyback Changes the ASX Story

Aristocrat Leisure shares surged 13% to A$51.94 after the company raised its share buyback by A$1 billion and reported higher first-half profit. Normalised NPATA rose 8.4% to A$794 million, while revenue slipped 0.2% to A$3.03 billion. The buyback authorization now totals A$2.5 billion, extended through May 2027. The interim dividend increased to 50 cents a share, unfranked.
May 13, 2026
CSL Limited’s $5 Billion Write-Down Leaves One Big Question: Is the Turnaround Still Alive?
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CSL Limited’s $5 Billion Write-Down Leaves One Big Question: Is the Turnaround Still Alive?

CSL Limited warned of about US$5 billion in new non-cash impairments and cut its FY26 outlook, sending shares down 16% Monday to their lowest since January 2017 before rebounding slightly. The company now expects FY26 revenue of US$15.2 billion and NPATA of US$3.1 billion. Impairments will be booked across FY26 and FY27, mainly tied to the Vifor acquisition and under-used assets.
May 13, 2026
Commonwealth Bank Shares Just Had Their Worst Day Ever: What Triggered CBA’s $30 Billion Drop
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Commonwealth Bank Shares Just Had Their Worst Day Ever: What Triggered CBA’s $30 Billion Drop

Commonwealth Bank of Australia shares plunged 10.43% Wednesday, erasing nearly A$30 billion in value after the bank raised loss provisions and investors reacted to proposed property tax changes. CBA reported a March quarter cash net profit of about A$2.7 billion, up 4% year-on-year but below analyst forecasts. Loan impairment expense rose to A$316 million. Other major banks also fell, with Westpac down 3%.
May 13, 2026
IHG Stock Watch: InterContinental Hotels Group PLC Adds Mount Fuji Deal as Buyback Rolls On
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IHG Stock Watch: InterContinental Hotels Group PLC Adds Mount Fuji Deal as Buyback Rolls On

IHG will convert the 150-room Hotel Mount Fuji into its third Vignette Collection property in Japan after renovation, partnering with FUJI KYUKO. The company bought 37,286 shares for cancellation on May 12, following a similar purchase earlier in the week. IHG recently reported stronger-than-expected first-quarter room revenue but noted weaker demand in the Middle East.
May 13, 2026
IMI plc Keeps 2026 Guidance Intact — The Middle East Risk Investors Are Watching
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IMI plc Keeps 2026 Guidance Intact — The Middle East Risk Investors Are Watching

IMI reported first-quarter organic revenue up 5% and kept full-year adjusted EPS guidance at 136p–142p, in line with analyst consensus. Shares closed down 1.25% at 2,696p, lagging the FTSE 100. Management flagged risk to £30 million in Middle East shipments if regional disruption continues. Automation division posted 6% organic revenue growth; orders fell 2%.
May 13, 2026
St. James’s Place Stock Rebounds After 4% Slide — Why the SJP Share Price Story Is Still Uneasy
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St. James’s Place Stock Rebounds After 4% Slide — Why the SJP Share Price Story Is Still Uneasy

St. James’s Place closed at 1,160p on Wednesday, up slightly after a 4.35% drop the previous day. The wealth manager reported £1.53 billion in net inflows and £216.94 billion in funds under management for the first quarter. Gross inflows rose year-on-year, but funds under management fell short of the end-2025 figure. Analysts remain divided on the impact of fee changes and market volatility.
May 13, 2026
Sage Group Shares Slide Before Results as AI Tax Bet Faces First Test
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Sage Group Shares Slide Before Results as AI Tax Bet Faces First Test

Sage Group shares fell 3.55% to 847.6p in London Wednesday, underperforming the FTSE 100, after launching a new AI tool for UK tax reporting. The update comes as the UK’s Making Tax Digital for Income Tax regime takes effect, requiring more digital submissions. Sage continues a £300 million share buyback, with 1.44 million shares repurchased Tuesday. Half-year results are due May 21, with analysts expecting 9.8% organic revenue growth.
May 13, 2026
Imperial Brands Stock Holds 2026 Guidance as Dividend Rises, But Iran Risk Clouds the Trade
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Imperial Brands Stock Holds 2026 Guidance as Dividend Rises, But Iran Risk Clouds the Trade

Imperial Brands kept its 2026 outlook after first-half adjusted operating profit rose 0.6% at constant currency to £1.64 billion. The company raised its interim dividend by 4% and continued a £1.45 billion buyback. Management warned that the Middle East conflict could increase costs and hit demand but reported no material impact yet. Tobacco volumes fell 1.5%, while NGP net revenue rose 7.5%.
May 13, 2026
Tesco Court Loss Puts £4bn Equal-Pay Fight Back in Focus as £750m Buyback Rolls On
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Tesco Court Loss Puts £4bn Equal-Pay Fight Back in Focus as £750m Buyback Rolls On

Tesco lost most of its Court of Appeal challenge over evidence rules in a major equal-pay case, leaving open the possibility of a multi-billion pound payout to shop workers. The court upheld earlier rulings, allowing tribunals to use Tesco’s own manuals to compare job demands. Over 60,000 workers are pursuing claims. Tesco continues a £750 million share buyback amid ongoing legal uncertainty.
May 13, 2026
Taylor Wimpey Shares Slip Below 80p as Dividend Warning Raises Fresh Questions
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Taylor Wimpey Shares Slip Below 80p as Dividend Warning Raises Fresh Questions

Taylor Wimpey shares fell to 79.10p, down 0.63% as Deutsche Bank cut its target price to 96p from 122p, citing weaker pricing, higher build costs, and dividend concerns. The UK home construction sector dropped 1.28%. Polymarket traders put an 83% chance on no change at the Bank of England’s June meeting. Taylor Wimpey’s order book dropped to £2.23 billion from £2.34 billion.
May 13, 2026
Legal & General’s £1.388 Billion Claims Payout Puts LGEN’s Retail Strategy in the Spotlight
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Legal & General’s £1.388 Billion Claims Payout Puts LGEN’s Retail Strategy in the Spotlight

Legal & General Group Plc paid over £1.388 billion in UK protection claims in 2025, covering more than 26,000 cases and averaging £3.8 million daily. Retail Protection accounted for nearly £993 million, while Group Protection paid £396 million. The company is also buying back shares, with 100.5 million repurchased for £253.2 million by May 8. Over 40% of retail protection claims now start online.
May 13, 2026
Aviva Stock Alert: £350 Million Buyback Takes Focus Before Q1 Update
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Aviva Stock Alert: £350 Million Buyback Takes Focus Before Q1 Update

Aviva bought 900,000 shares for cancellation on May 12 at an average price of 620.38 pence, continuing its £350 million buyback. The insurer will issue its first-quarter trading update at 0700 BST on May 14. Aviva shares traded at 616.40 pence, down 0.61% in afternoon trade. The buyback follows last year’s £3.7 billion Direct Line acquisition and a 25% rise in 2025 operating profit.
May 13, 2026
Vodafone Stock’s Big Test: Germany Spoils the Turnaround Story After FY26 Results
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Vodafone Stock’s Big Test: Germany Spoils the Turnaround Story After FY26 Results

Vodafone shares rose 1% in London after a steep drop, as annual revenue climbed 8% to €40.5 billion but earnings missed consensus. The company lost 77,000 mobile and 90,000 broadband customers in Germany, which accounts for 37% of core profit. Vodafone guided for €11.9–12.2 billion in adjusted EBITDAaL for the new year. Full control of VodafoneThree in the UK is expected in late 2026.
May 13, 2026
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Stock Market Today

  • BP Chairman Removal Highlights Governance Concerns and Valuation Discount
    May 30, 2026, 6:44 AM EDT. BP (LSE:BP) ousted its chairman Albert Manifold amid allegations of bullying and internal disputes, elevating governance risks for investors. The stock trades at £5.218, about 17% below the £6.30 analyst target and nearly 50% below estimated fair value, despite a 53% gain in the past year. The controversy has spurred potential legal action and underscores scrutiny of BP's board oversight and culture. The share price fell 9.4% over the past month amid the uncertainty. Market watchers will monitor how the governance review and earnings expectations shape BP's strategic direction and investor confidence in the weeks ahead.