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City

Higher wages will not be enough to attract workers back, says Pearson boss

The boss of publisher Pearson has said that offering “more and more salary” is not the way to attract workers back into jobs as thousands fell away during the pandemic. Andy Bird said companies need to try to set themselves apart from competitors ...

19 Jan 2022 at 12:26

City

US investor Apollo mulls bid for education publisher Pearson

US based investment firm Apollo has confirmed it is mulling a bid for education publishing giant Pearson. The investor said that it was evaluating an offer, that would be made in cash, for the FTSE 100 listed company. “Apollo Global Management, ...

11 Mar 2022 at 13:25

City

Nearly half of Pearson shareholders vote against new bumper pay policy

Pearson shareholders came close to rejecting a pay policy on Friday which could make the publisher’s chief executive nearly as well paid as the boss of oil giant BP. Nearly half (46.37%) of shareholder votes were cast against the new policy, ...

28 Apr 2023 at 16:01

City

Pearson says it plans more AI tools a week after rival warns of ChatGPT hit

Educational publisher Pearson has said that it plans to increase the use of artificial intelligence (AI) across its products, a week after its shares tanked on a warning over the technology. The company said that it has been using AI in ...

09 May 2023 at 11:45

City

Pearson boosted by English testing as borders reopen

Education publisher Pearson saw a big boost to the part of its business teaching English as borders reopened and people started travelling again after Covid. The number of students taking its English language test rose by 90% as it ...

03 Mar 2023 at 08:50

City

Education publisher Pearson buoyed by work skills training

Pearson, one of the world’s largest educational publishers, said that pushes by workers to learn new skills had helped the company beat its financial expectations in the first months of the financial year. Boss Andy Bird said that ...

28 Apr 2023 at 07:52

City

Pearson upgrades outlook, says AI tools get good feedback

Educational publisher Pearson upgraded its outlook for the year on Monday as it revenue continued to grow in the third quarter. The business said that it now expects adjusted operating profit to reach between £570 million and ...

30 Oct 2023 at 09:38

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