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      2Look at the Premiership table and you’ll see that the top team and Challenge Cup finalists Bath are 15 points clear of second-placed Leicester Tigers, and Champions Cup finalists Northampton Saints are 17 points safe from dropping out of the top eight.

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Pearson

  • Pearson sales slump amid Covid-19 closures of schools and test centres

    October 14, 2020

    Educational publisher Pearson (PSON) has suffered a drop in sales since the beginning of the year after the coronavirus pandemic forced test centres and schools to close.  Group sales in the nine months to 30 September fell 14 per cent, reflecting the continued impact of the Covid-19 crisis.  The company said its online learning sales [...]

  • Pearson appoints Disney veteran Andy Bird as new chief executive

    August 24, 2020

    Publishing group Pearson has appointed former Disney bigwig Andy Bird as its new chief executive. The company said Bird will take over from current boss John Fallon on 19 October. Fallon will step down from the board but remain as an adviser until the end of the year. Veteran media industry boss Bird, whose career [...]

  • Pearson issues 2020 profit warning on coronavirus closures

    March 23, 2020

    Education publisher Pearson today issued a profit warning for 2020 and paused a £350m share buyback as a result of the coronavirus pandemic. The firm, already suffering from a difficult transition from print to digital, warned it expects a “negative impact” on 2020 profit from closing its testing centres. The postponement of US state exam [...]

  • Pearson profit falters as US courseware business drags it down

    February 21, 2020

    Education publisher Pearson posted underlying profit at the top end of a reduced guidance range for 2019 today, and warned its ongoing transition to digital will drag profits even lower in 2020. Pearson’s share price sank 4.4 per cent to 558.2p as traders digested the figures. The figures Operating profit halved to £275m in 2019, [...]

  • Pearson CEO to depart as it sells $675m stake in Penguin Random House

    December 18, 2019

    Pearson’s chief executive today announced that he plans to step down in 2020, triggering a search for a successor. John Fallon said he would retire from the role as the education publishing business sold its final stake in Penguin Random House today. Read more: Pearson bags Home Office contract for English language tests He will [...]

  • Pearson bags Home Office contract to provide English language tests

    December 16, 2019

    Publishing and education firm Pearson today said it has won a Home Office contract to provide English language tests for people seeking to work or live in the UK. The FTSE 100 company said it has secured a deal lasting a minimum of three years to provide Secure English Language Tests (SELTs), which are used [...]

  • Pearson holds full-year guidance as digital shift pays off

    July 26, 2019

    Pearson has held its guidance for the full year as the firm’s ongoing shift from textbooks to digital formats drove robust trading in the first half. The publishing and education firm posted a two per cent decline in revenue to £1.83bn in the first six months of the year. Read more: Pearson sales slip as [...]

  • Tencent backs top AI startup in $24m injection

    May 20, 2019

    A host of major businesses and venture capital firms have joined in a $24m (£18.9m) funding round for a Prowler.io, valuing the Cambridge artificial intelligence (AI) startup at $100m. Chinese media giant Tencent led the round, with publishing house Pearson and Monzo-backer Passion Capital also joining. Other investors included Amadeus Capital Partners, Atlantic Bridge, Cambridge [...]

  • London businesses ‘unaware’ of improvements to apprenticeship levy

    May 16, 2019

    Only a quarter of London businesses are aware of the improvements to the apprenticeship levy that were announced in the Spring Statement, new research shows. In March the government announced that from April employers would see the co-investment rate the pay for apprentices cut from 10 per cent to five per cent. Read more: Apprenticeship [...]

  • Financial Times buys majority stake in tech media firm The Next Web

    March 5, 2019

    The Financial Times (FT) has bought a controlling stake in tech media firm The Next Web (TNW) in a bid to expand its events offering. The FT said the move will boost its presence in the European tech market and will create synergies with its existing events division FT Live. Read more: German prosecutors probe [...]

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