Shares in education giant Pearson hit their highest level in 18 months after the publisher’s first quarter results suggested it was on track with a major turnaround the struggling business. Revenues increased by 1pc in the three months to March, while John Fallon, chief executive, confirmed Pearson was expected to report profit growth this year. The news sent shares in the company up by as much as 6.8pc to 886p. ...
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