(Alliance News) - Stocks were called higher on Tuesday, as large UK retailers put pressure on Chancellor Rachel Reeves over the budget and new data reveals a gloomy picture for last year's new business landscape. Read More
(Alliance News) - UK pension "megafunds" are set to be created to help unlock billions of pounds of investment in businesses and infrastructure. Read More
(Alliance News) - UK grocery sales spiked as trips to supermarkets hit the highest level since the onset of Covid, numbers from Kantar showed on Tuesday. Read More
Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK - Selkirk prices its initial public offering on AIM in London at GBP0.024 per share, giving the company a starting market capitalisation of GBP10 million. At that price, it will raise GBP7.5 million in the placing and subscription of shares that was run by Zeus Capital Ltd as part of the IPO, in line with the target it had set last month. Read More
(Alliance News) - Tesco PLC on Friday said it has completed the sale of its banking operations to Barclays Bank UK PLC, as the UK supermarket chain also pressed on with a plan to return cash to shareholders. Read More
(Alliance News) - The FTSE 100 is called to open flat on Friday, after a slump in New York, leaving London's flagship index set to register a negative week. Read More
(Alliance News) - J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for GBP720 million, creating a partnership with buyer NewDay Group. Read More
Tesco PLC - Welwyn Garden City, England-based supermarket chain - Contracts with Citigroup Global Markets Ltd to run the third tranche of Tesco's GBP1 billion share buyback. The third tranche will be worth GBP400 million. It will be completed by April next year. The second tranche of the buyback, which was run by Goldman Sachs International, was completed on Friday last week. In total, since the programme began in April, Tesco has bought back 188.3 million shares worth GBP600 million. All shares repurchased will be cancelled to reduce capital. Read More
Tesco PLC - Welwyn Garden City, England-based supermarket chain - Gerry Mallon, chief executive of Tesco Bank, sells 598,169 shares at GBP3.54 and GBP3.55, worth GBP2.1 million, on Wednesday last week. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - London's FTSE 100 nursed heavy losses on Tuesday, as the stimulus-driven rally in China ran out of puff, hitting miners and financial stocks exposed to the region. Read More
(Alliance News) - UK grocery price inflation picked up slightly in September, while Tesco PLC achieved its largest market share since 2017, according to data from Kantar on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Dovish remarks from Bank of England Governor Andrew Bailey helped to boost the FTSE 100's housebuilders on Thursday at midday, while grocers rose following a strong interim showing from Tesco. Read More
(Alliance News) - Stock prices in London were mixed at midday on Thursday, with grocers outperforming, while housebuilders headed higher after dovish comments from Bank of England Governor Andrew Bailey. Read More
(Alliance News) - Tesco PLC on Thursday raised its annual guidance as more shoppers flocked to the aisles of the UK's largest retailer. Read More
(Alliance News) - Stock prices in London opened both slightly up and slightly lower on Thursday morning as retailer Tesco reported a profit surge, although the pound dropped following pessimistic comments from Bank of England governor Andrew Bailey. Read More
(Alliance News) - The FTSE 100 was called to open higher on Thursday morning, in a sudden reversal of sentiment as market participants wait for UK, US and other regions' composite purchasing managers' index data. Read More