(Alliance News) - The UK's new Chancellor of the Exchequer Kwasi Kwarteng is set to hold crisis talks with the heads of major high street banks on Wednesday, Sky News reported on Tuesday. Read More
Carclo PLC - West Yorkshire-based plastic parts manufacturer - Says it has revised and extended its funding agreement with HSBC Holdings PLC and its pension scheme. This arrangement provides access to ongoing bank facilities as well as visibility over repayment schedules until June 2025. Read More
(Alliance News) - The UK Competition & Markets Authority on Wednesday fined NatWest Group PLC for coercing customers to open current accounts that cost money in order to secure a loan. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 remained in the green on Tuesday at midday on account of a weaker pound, but gains ebbed as oil prices retreated from morning highs. Read More
Life Science REIT PLC - life science property investor - Draws down GBP37.2 million from its existing GBP150 million debt facility with HSBC Holdings PLC. In total GBP48.7 million remains available in the revolving credit facility for further use. Read More
(Alliance News) - Nightcap PLC on Wednesday said it has agreed a GBP10.0 million debt refinancing facility with HSBC Holdings PLC, following "a very competitive process". Read More
(Alliance News) - HSBC Holdings PLC's largest shareholder Ping An Insurance will press on with its call for the bank to spin off its Asia operations despite pushback from executives, reports said. Read More
(Alliance News) - Next on Thursday lifted profit guidance after second-quarter sales came in ahead of forecasts, partly thanks to dry weather in the UK encouraging people to dress up and go out. Read More
(Alliance News) - BP's second quarter profit jumped on stronger refining margins, the company said on Tuesday, though a Russia hit in the first quarter more than ensured a weaker first-half bottom line. Read More
