LONDON BRIEFING: Stocks higher as carmakers get tariff relief
(Alliance News) - The FTSE 100 was set to open higher on Wednesday, with optimism increased somewhat after a move from Donald Trump to soften tariffs on carmakers. Read More
(Alliance News) - The FTSE 100 was set to open higher on Wednesday, with optimism increased somewhat after a move from Donald Trump to soften tariffs on carmakers. Read More
NCC Group PLC - Manchester, England-based cybersecurity company - Agrees a new four-year GBP120 million multi-currency revolving credit facility with a GBP50 million uncommitted accordion option, provided by a syndicate of National Westminster Bank PLC, HSBC UK Bank PLC, Barclays Bank PLC and Santander UK PLC. This replaces NCC's previous GBP162.5 million facility, which was due to expire December 22, 2026. The new facility will expire April 28, 2029. Read More
(Alliance News) - The FTSE 100 extended its winning streak to nine days, its best run since 2019, as investors weighed earnings and the latest developments in global trade talks. Read More
(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