(Alliance News) - London's FTSE 100 clung onto its record-breaking run on Tuesday as news of a UK trade deal with India helped offset fresh declines on Wall Street. Read More
(Alliance News) - The FTSE 100 edged higher on Thursday, extending its best winning run since 2017, supported by tech-inspired gains on Wall Street. Read More
(Alliance News) - Marks & Spencer Group PLC is unable to hire new workers as the retail giant continues to battle disruption to its operations from a damaging cyber attack. Read More
(Alliance News) - Marks & Spencer Group PLC has told agency staff at a key logistics site to stay at home as disruption from a cyber attack against the retailer entered a second week. Read More
(Alliance News) - Stock prices in London were higher at midday on Monday, with retailers and housebuilders among the winners, although reactions were relatively "muted" to DoorDash's proposal for Deliveroo. Read More
(Alliance News) - Stock prices in London opened higher on Monday, while in Brazil senior BRICS diplomats are set to meet in the face of threats emerging from US President Donald Trump's aggressive trade policies. Read More
(Alliance News) - The FTSE 100 clung onto modest gains on Friday, extending its winning run to 10, consolidating the recent rally. Read More
Marks & Spencer Group PLC - London-based retailer - Pauses its UK & Ireland online orders via its websites, apps and some Marks & Spencer operated websites. This is amid the cyber incident the firm has been experiencing which it reported on Tuesday. Adds that stores will remain open. Firm says: "We continue to manage the incident proactively and the M&S team - supported by leading experts - is working extremely hard to restore online operations and continue to serve customers well. We previously informed customers that there was no need to take any action. That remains the case, and we will let them know, if the situation changes." Read More
(Alliance News) - Marks & Spencer Group PLC on Thursday said it is still battling a cyber incident that hit contactless payments and click and collect orders. Read More
Marks & Spencer Group PLC - London-based retailer - Announces it has been managing a cyber incident over the past few days. The company adds it has reported the incident to the relevant data protection supervisory authorities and the National Cyber Security Centre. "As soon as we became aware of the incident, it was necessary to make some minor, temporary changes to our store operations to protect customers and the business and we are sorry for any inconvenience experienced. Importantly, our stores remain open and our website and app are operating as normal. The company has engaged external cyber security experts to assist with investigating and managing the incident. We are taking actions to further protect our network and ensure we can continue to maintain customer service," the firm says. Read More
(Alliance News) - London's FTSE 100 ended little changed on Thursday, outperforming European peers, as investors weighed an as expected interest rate cut by the European Central Bank. Read More
(Alliance News) - Bakkavor PLC on Friday said it has granted suitor Greencore PLC an extension to the deadline for it to make a firm takeover offer, as the convenience food making peers discuss a possible GBP1.2 billion bid. Read More
(Alliance News) - LondonMetric Property PLC on Thursday said it has acquired a long-let Marks & Spencer Group PLC logistics warehouse for a total of GBP74.0 million. Read More
J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury's annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director. 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) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
AEW UK REIT PLC - Leeds, England-based real estate investment trust - Announces completion of its purchase of a freehold high-street retail asset in Hitchen, an "affluent commuter town" north of London, for GBP10.0 million. Says the price reflects an "attractive" 8.31% net initial yield and a GBP213 per square foot capital value. Property provides 46,905 square feet of space across 12 retail units and an office building. AEW says the retail units "are fully let to a strong line-up of 12 tenants, with recent leasing activity evidencing the strength of the location". Tenants include Marks & Spencer PLC, Next Holdings Ltd and Vodafone Ltd. AEW says the acquisition demonstrates its "swift and ongoing redeployment of sale proceeds from the recent disposal of Central Six Retail Park in Coventry, with a significant amount of the remaining proceeds also under exclusive negotiation". Read More
(Alliance News) - Law Debenture PLC on Wednesday said its investments in Rolls-Royce Holdings PLC and Marks & Spencer Group PLC performed well last year, as the investment trust's net asset value grew strongly. Read More
(Alliance News) - New post-Brexit labelling rules could see "gaps on shelves" in Northern Ireland by July, a Westminster committee has heard. Read More
(Alliance News) - The FTSE 100 faded into the close on Friday, ending little changed, as US markets fell amid soft economic data. Read More