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Pearson

May 2023

  • ChatGPT has become a phenomenon since its launch in November.

    AI race is disrupting education firms – and that is just the start

    Companies’ shares plunge in London and New York after Chegg report that ChatGPT has hit revenues

March 2022

  • Nils Pratley

    Nils Pratley on finance
    Grant Shapps’ response to P&O Ferries won’t get its sacked workers their jobs back

    Nils Pratley
    New powers will block ferries that pay crews below minimum wage from UK ports, which P&O will probably find acceptable

July 2019

  • Students look at a computer screen

    Pearson shifts to Netflix-style subscription model for textbooks

    Academic publisher hopes to convince students to subscribe to access online materials

June 2019

  • Pupils take an exam

    A-level maths paper leaked online before exam

    Exam board Edexcel launches investigation after Twitter post offers full paper for £70

August 2017

  • Women using a computer

    Pearson to axe 3,000 jobs after slump at main US business

    Cost-cutting move aims to save educational publisher about £300m a year with 10% cut in global staff after biggest loss in history in 2016

July 2017

  • Nils Pratley

    Nils Pratley on finance
    Pearson picks up $1bn from Penguin – but no treat for investors

    Nils Pratley
  • Fifty Shades of Grey book cover

    Pearson sells slice of Penguin for $1bn

June 2017

  • Exam

    Exam board makes last-minute changes to two A-level papers after leak

    Further pure maths and statistics tests affected as police open criminal investigation into claims relating to other exams this summer

May 2017

  • John Fallon

    Pearson shareholders reject chief executive's £1.5m pay package

    Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its history

February 2017

  • Alexander Coward teaching at Berkeley University

    Education publisher Pearson reports biggest loss in its history

    Pre-tax losses soar to £2.6bn as group – planning to sell its Penguin Random House stake – is hit by slump in US textbook sales

January 2017

  • Numbers games … old Penguin books in a secondhand bookshop.

    Books world uneasy as Pearson to sell stake in Penguin Random House

    Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express unease

October 2016

  • Teenage students in a classroom

    Pearson shares tumble 10% as sales slide

  • Adelphi

    Greenslade
    The Economist to take up a new riverside home

May 2016

  • Zanny Minton Beddoes, editor of the Economist

    Economist editor: ‘We don’t want to be the grandpa at the disco’

    Zanny Minton Beddoes on new owners, battling Brexit, and making a 173-year-old title work online

January 2016

  • Pearson, the world’s biggest education publisher, is cutting 4,000 jobs.

    Pearson to cut 4,000 jobs after second profit warning in three months

    World’s biggest education publisher aims to make £350m in cost savings by the end of 2017

November 2015

  • Russian newspaper Vedomosti

    Pearson and Dow Jones sell stakes in Russian newspaper Vedomosti

    Sale marks end of an era for former FT owner as it exits newspaper publishing business after selling its stake to Russian entrepreneur

October 2015

  • Sidney Taurel has been appointed as chairman of Pearson

    Pearson appoints Sidney Taurel as chairman

  • John Fallon's Pearson announced a full-year profits warning.

    Pearson shares slide after profits warning

August 2015

  • The Economist: seen as a long-term asset by the Agnellis and others

    Why did wealthy families pay over the odds for the Economist?

    Felix Salmon
  • A copy of the Economist magazine

    The Economist becomes a family affair

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