LSE:MNG 20 June 2026

M&G shares hit 331p high as ETF and PruFund push draws attention
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M&G shares hit 331p high as ETF and PruFund push draws attention

M&G plc TIDM: MNG closed Friday up 3.4 pence at 331p, a one-year high. The shares rose each day this week, gaining 2.92% for the week. The FTSE 100 dropped around 1% in the same period. M&G outperformed the FTSE 350 by 3.9 percentage points this week, as the stock’s re-rating continued on better fund flows, lower costs, and signs it could expand past its core UK market. The most recent update was on new products and distribution, not another earnings upgrade.
June 21, 2026
TG Jones flags risk of collapse under more supplier pressure before court date
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TG Jones flags risk of collapse under more supplier pressure before court date

TG Jones could run out of money if a court doesn’t back its restructuring plan at a hearing at the end of June, CEO Alex Willson said. That leaves the ex-WH Smith chain at risk of collapse. “We just don’t have the cash to continue,” Willson said. The company has promised landlords half of any profit above £40 million over three years as a last-ditch bid to get them on board. TG Jones is up against an immediate deadline. Creditors have seen documents warning the retailer will run out of funding “on or around the end of June 2026” unless a court approves its restructuring, putting the legal process as the key hurdle to avoiding administration.
June 20, 2026