(Alliance News) - Equities in London closed lower on Thursday as interest rate hikes from the Bank of England and the European Central Bank, as well as bleak economic forecasts, sent a chill through global markets. Read More
(Alliance News) - British Gas owner Centrica PLC is well-placed for success, though Drax Group PLC "is not out of the woods yet", analysts at Citi said after UK Chancellor Jeremy Hunt's autumn statement put the spotlight on electricity generators. Read More
(Alliance News) - London's FTSE 100 made a stellar recovery in the final hours of trading after suffering early afternoon malaise in the wake of the Chancellor's autumn statement. Read More
(Alliance News) - Market concern for a windfall tax imposed on Drax Group PLC is "overdone", according to analysts at RBC, as investors brace for the latest UK fiscal policy announcement. Read More