LONDON (Alliance News) - The Conygar Investment Co PLC Thursday said it has refinanced its debt with a GBP37.2 million four-year loan from the Royal Bank of Scotland Group PLC. The loan, secured on twenty properties, has a total interest cost of 4.3%, including a margin of 3%, and is struct Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Hargreaves Lansdown</strong> PLC reported record pretax profit and revenue for the half year, as it continues to add new clients amid Read More
LONDON (Alliance News) - UK stocks are trading higher Wednesday, with the FTSE 100 set to snap a five-day losing streak, as investors look to pare some of the losses recorded in recent sessions. Meanwhile, the pound has been knocked after the UK services PMI fell short of forecasts. B Read More
LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.<br /><br />Brokers have been taking a look at UK insurers after <strong>RSA Insurance</strong> sprung a positive surprise late Tuesday by appointing turnaround a Read More
LONDON (Alliance News) - Troubled RSA Insurance Group PLC Tuesday said it has appointed former Royal Bank of Scotland Group PLC boss Stephen Hester as its new chief executive, as it seeks to recover after discovering a GBP200 million accounting black hole in its Irish business. Hester, who Read More
LONDON (Alliance News) - UK stocks are trading mixed Monday, with Lloyds Bank leading the FTSE 100 lower after announcing further provisions for compensation of past misdeeds. Meanwhile a raft of European PMI data has been released, with the UK's missing forecasts, sending the pound lower.< Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC Chief Executive Ross McEwan is set for a meeting with the Bank of England over the bank's capital position, the Sunday Telegraph reported. McEwan will meet Andrew Bailey, chief executive of the Prudential Regulation Authority, and Sa Read More
LONDON (Alliance News) - Direct Line Insurance Group PLC Friday said the Solicitors Regulation Authority has authorised DLG Legal Services, the company it set up in partnership with Parabis Law LLP last July. DLG was set up as an alternative business structure, which allows non-lawyers to o Read More
LONDON (Alliance News) - UK Chancellor George Osborne again pledged to stick with the government's policy track Tuesday, as new figures showed the economy expanded at the fastest rate since the financial crisis last year but has still not fully recovered from the recession.<br /><br />Latest g Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br /><strong>F&C Asset Management</strong> PLC said it has reached an agreed GBP708 million deal to be acquired by Bank of Montr Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br />Carnival, up 3.1%. Numis has upgraded Carnival to Buy from Hold, increasing its target pr Read More
LONDON (Alliance News) - UK stocks are gaining Tuesday, with the FTSE 100 looking to snap a five-day slump, buoyed in part by further data that points to a strong UK economic recovery. By mid-morning Tuesday the FTSE 100 is up 0.4% at 6,575.64, the FTSE is up 1.1% at 15,705.44, and the AIM Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM CUTS PEARSON PRICE TARGET TO 815 (1050) PENCE <br />----------<br />CREDIT SUISSE RAISES BG GROUP TO 'NEUTRAL' ('UNDERP Read More
LONDON (Alliance News) - Jefferies has cut its price target for Royal Bank of Scotland to 414p from 441p, to reflect further provisions announced on Monday. However this does not effect the overall Buy case for stock, says analyst Joseph Dickerson. RBS announced a further GBP3.07 billion of Read More
LONDON (Alliance News) - Shares have opened higher Tuesday ahead of UK GDP figures at 0930 GMT.<br /><br />A day after confirming an approach by Bank of Montreal, <strong>F&C Asset Management</strong> said Tuesday it has agreed to be taken over by the Canadian bank in a GBP708 million deal Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it has set aside GBP3.07 billion in new provisions for a number of past issues, the bulk of which relate to litigation and regulatory decisions regarding mortgage-backed securities and securities sold in the years leading up to Read More
LONDON (Alliance News) - UK stocks closed heavily down again Monday, amid concern that an expected further cut to the US Federal Reserve's asset-purchase program this week will accelerate the slowdown of emerging markets growth. <br /><br />London's blue chip index suffered the most, dragged d Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it will make a further GBP3.07 billion in provisions against litigation and customer claims in its full-year results for 2013, which it will announce on February 27. Of that total, RBS said it will make a provision of GBP Read More
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Monday it will make a further GBP2.87 billion in provisions against litigation and customer claims in its full-year results for 2013, which it will announce on February 27. Of that total, RBS said it will make a provision of GBP Read More
LONDON (Alliance News) - International Public Partnership Ltd Friday said it has renewed and increased its corporate credit facility to GBP175 million from GBP100 million in order to finance its pipeline of investment opportunities. In a statement, the FTSE 250 infrastructure investor said Read More