(Alliance News) - UK Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates, but has resisted offering government support. Read More
(Alliance News) - Stock prices in London were lower heading into Friday afternoon, as a poor week for equities continued, with investors fretting over the prospect of central banks keeping interest rates higher for longer. Read More
H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches - Hires four new non-executive directors who will join the board effective July 1. Robert Van Breda previously was interim chief financial officer at Griffin Financial Technology Ltd and also has worked at NatWest Group PLC and Vanquis Banking Group PLC. He is expected to chair H&T's audit committee. Lawrence Guthrie is a managing director at Houlihan Lokey and once worked at Charterhouse Capital Partners. Lakeland Ltd Deputy Chair Catherine Nunn, formerly at BP PLC, will chair H&T's newly formed customer committee. Sally Veitch, intended to chair the risk committee, was director of finance at Home Retail Group PLC. H&T also says Senior Independent Director James Thornton intends to retire and as such will not seek re-election at the 2024 annual general meeting. H&T hopes that the new appointments will support its continued growth and broaden the range of skills, experiences and diversity on its board. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe. Read More
IG Design Group PLC - Newport Pagnell, England-based designer and manufacturer of celebrations products, including greetings cards, gift wrap, Christmas crackers, gift bags and partywares - Negotiates a three-year refinancing of its lending facilities with HSBC Holdings PLC and NatWest Group PLC for USD125 million. Company also extends its overdraft facility with HSBC. The new facility replaces its previous revolving credit facilities agreed in 2019. Says the facility provides "more than sufficient" headroom to fund its working capital needs over the three years. Read More
(Alliance News) - Stock prices in London were higher at midday on Friday, as market attention shifts to US nonfarm payrolls this afternoon, while the US debt ceiling saga draws to a close. Read More
(Alliance News) - Stock prices in London opened higher on Friday, after a week dominated by the US debt ceiling agreement, which was passed by the Senate late Thursday. Read More
(Alliance News) - NatWest Group PLC on Friday said it jointly sold 54.6 million shares in Dublin-based lender Permanent TSB Holdings PLC, alongside the Minister for Finance of Ireland, for a placing price of EUR2.025 per share. Read More
(Alliance News) - Stocks in London were called to open higher on Friday, after trading in Asia rallied on news the US Senate passed a debt ceiling bill to avoid a US default. Read More
(Alliance News) - Stock prices in London were down at midday Wednesday, ahead of a vote on the US debt ceiling bill. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Great Portland Estates PLC on Wednesday said it delivered a strong operating performance in the year ended March 31, with record leasing, positive rental growth and "resilient" financial results despite swinging to a loss. Read More
(Alliance News) - Stock prices in London were mixed at midday on Monday, as investors closely eye developments in US debt ceiling negotiations, as a June 1 deadline creeps ever closer. Read More
(Alliance News) - Analysts were unsurprised after UK Government Investments Ltd said on Monday it sold GBP1.26 billion in NatWest Group PLC shares back to NatWest. Read More
(Alliance News) - Stock prices in London opened higher on Monday, ahead of further talks in the US aimed at resolving a political stand-off that threatens to cause Washington to default on its debt. Read More
(Alliance News) - UK Government Investments Ltd on Monday said it sold GBP1.26 billion in NatWest Group PLC shares back to NatWest, reducing its stake to 39% from 41% and halved from a holding of more than 80% at one point. Read More