M&G, a leading UK investment firm, saw a remarkable 28% rise in its pre-tax adjusted operating profit for 2023, climbing to £797 million from £625 million in the previous year.
![M&G plc is a global investment manager headquartered in the City of London. Photo: Shutterstock](https://krugmaninsights.com/wp-content/uploads/2024/03/FN-AA825_MandG_P_20170627033748.jpg)
This increase was the result of a strategic push towards both attracting more investments and implementing significant cost reductions.