(Alliance News) - Barclays PLC on Thursday said it has agreed a long-term partnership with Brookfield Asset Management Ltd to growth the bank's payment acceptance business and eventually to make it an independent company. Read More
(Alliance News) - WH Smith on Wednesday reported a pretax loss for the first six months of financial 2025, but said it remains on course to meet market expectations for the full year. Read More
(Alliance News) - The FTSE 100 climbed on Monday, while the pound rose, amid hopes for a softer policy on tariffs from the US. Read More
Diageo PLC - London-based owner of Johnnie Walker whisky and Guinness stout - Announces the launch and pricing of a two-tranche USD1.5 billion fixed rate bond offering, comprised of USD750 million 5.125% fixed rate notes due 2030 and USD750 million 5.625% fixed rate notes due 2035. The offering is due to settle on Tuesday next week. Barclays Capital, BNP Paribas Securities, BofA Securities, Deutsche Bank Securities, and Goldman Sachs & Co LLC have been appointed as active joint book‐running managers, while RBC Capital Markets LLC and Standard Chartered Bank have been appointed as passive joint book-running managers. Diageo says it will use proceeds from the bonds, which are being issued by Diageo Investment Corp, for general corporate purposes. Read More
(Alliance News) - The FTSE 100 rose by the most since the pandemic on Thursday in a relief rally after the pause in reciprocal US tariffs, although analysts warned of uncertainty ahead. Read More
(Alliance News) - Barclays PLC is slashing some mortgage rates below 4% from Friday, as the average fixed-rates on offer fall more widely. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Barclays PLC has said people applying for a right to buy mortgage with it will no longer need to put down a deposit. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday despite investors bracing themselves for Wednesday's fresh wave of tariffs from US President Donald Trump. Read More
(Alliance News) - The FTSE 100 outperformed as equities struggled on Friday, with tariff and inflation worries keeping enthusiasm to a minimum. Read More
(Alliance News) - THG PLC on Thursday confirmed the structure of its GBP90 million fundraise, consisting of a GBP22 million share placing and a GBP68 million convertible loan, with Founder & Chief Executive Officer Matthew Moulding contributing two-thirds of the total. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - London is called to open lower on Thursday, as the market digests the latest US tariff targeting the automobile industry, and ahead of UK Prime Minister Keir Starmer's appearance at a summit in Paris on Ukraine ceasefire talks. Read More
THG PLC - Manchester, England-based online retailer of beauty and nutrition products - Raises GBP90 million in a share and convertible loan issue, including GBP60 million from Founder & Chief Executive Officer Matthew Moulding. THG says the fresh funds will be used to pay off one term loan and pay down another. THG will issue 91.9 million new shares, 7.0% of its existing total, at 32.3 pence each to raise GBP29.7 million from the share placing, which was first announced after the London market close on Monday. The placing is run by Barclays PLC as global coordinator, bookrunner and joint corporate broker. In addition, Moulding will invest GBP5.4 million in shares and GBP54.6 million via a convertible loan. Mouldings share investment will be via the paying up of 17.4 million partly paid F and G shares and their conversion into ordinary shares. THG has a market capitalisation of about GBP470 million and recently was promoted to the FTSE 250 index, joining on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - European stocks were higher at midday on Monday, following reports of accelerated business activity in the eurozone for a third consecutive month, and investor hopes for a more targeted approach from US tariffs. Read More
Conygar Investment Co - London-based property investment and development firm - Restructures debt facility in connection with development loan from Barclays PLC to its subsidiary. Says the restructuring extends the final repayment date of the loan to December 23 from Sunday. This enables further letting and stabilisation of Winfield Court, which it says was provided as security for the loan. Adds that the total facility amount reduces to GBP46.6 million from GBP47.5 million, with the interest rate margin payable falling to 2.0% from 3.25%. Says this will be offset by inclusion of a GBP500,000 exit fee. Read More
(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024. Read More
(Alliance News) - Pfizer Inc disposed of its entire residual stake in Haleon PLC, selling 662 million shares in the consumer health firm through a placing with institutional investments and a share buyback by Haleon. Read More