(Alliance News) - Stock prices in London closed mostly higher on Thursday, as investors digested the US Federal Reserve's Wednesday decision to stand pat on interest rates. Read More
(Alliance News) - Rank Group PLC on Thursday lifted its interim dividend despite weaker profit, and noted its mitigation efforts for incoming cost headwinds are "well advanced". Read More
(Alliance News) - The FTSE 100 ended a volatile week in subdued fashion on Friday, closing slightly lower, despite a batch of encouraging economic data as retail sales, consumer confidence and business activity all picked up. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Stock prices in London opened mostly higher on Friday, ahead of European peers, after data showed that UK retail sales unexpectedly rose in December. Read More
Rank Group PLC - Maidenhead, England-based owner of Grosvenor Casino and Mecca Bingo - Says Chief Executive Officer John O'Reilly, "following discussions with the board", will step down on January 29, though he will continue to support the business until the end of the current financial year, which is on June 30. Chief Financial Officer Richard Harris will be appointed interim CEO with effect from January 30. Harris has been an executive director since joining Rank as CFO in May 2022. "Richard's extensive knowledge of the business is coupled with broad experience in consumer facing businesses, and he has made a significant contribution to the group's progress in recent years," Rank says. Prior to Rank, Harris was CFO of estate agent Foxtons Group PLC and previously held positions at engineering firm Laird PLC and retailer Marks & Spencer Group PLC. A formal search process to identify a permanent CEO will now begin, Rank says. Read More
(Alliance News) - Next raises its profit forecast after sales in the festive period beat expectations, while Prudential launches a USD1.2 billion share buyback programme. Read More
(Alliance News) - The FTSE 100 closed lower on Monday in lacklustre trading, amid a downbeat view of the UK's economic prospects for 2026. Read More
(Alliance News) - European blue-chips kicked off the festive-shortened week in an underwhelming fashion, though oil and gold prices were on the up heading into Monday afternoon. Read More
(Alliance News) - Rank Group PLC on Monday said its Spanish business, Enracha and Yo, has been the target of payment fraud, in new blow to the casino and bingo operator. Read More
(Alliance News) - European equities made a mixed start to the holiday-shortened week, but sterling perked up and gold achieved a new record high. Read More
(Alliance News) - Harbour Energy has struck a deal to deliver on a "long-standing ambition", while AstraZeneca reports a drug failed to meet its primary endpoint in a phase three trial, while another got breakthrough therapy designation in the US. Read More
(Alliance News) - Stock prices in Europe opened in the green on Thursday, with equities in London higher, though some sectors grappled with the fallout of Wednesday's UK government budget. Read More
(Alliance News) - Rank Group PLC on Wednesday said it is reviewing various mitigating actions, including future investment plans, as it outlined the hit from the government's betting duty changes. Read More
(Alliance News) - Betting operators were significant losers from Wednesday's budget as the UK government raised taxes on the sector. Read More
Barratt Redrow PLC - Leicestershire, England-based housebuilder - Chief Financial Officer Mike Scott leaves immediately "by mutual agreement", while being available for transitional support until the end of January 2026. Barratt Redrow says it has started a search for a new CFO, but it also hires Micheal Passmore to be interim deputy CFO. Passmore was finance director for casino operator Rank Group PLC, and previously for ISS PLC and the Post Office. Barratt gives no reason for Scott quick departure as CFO. It says the company is in a "strong financial position" following the 2024 merger of housebuilding peers Barratt Developments and Redrow. "Current trading remains solid," the company says, and in line with its annual general meeting update last week. At that time, Barratt Redrow left its annual outlook unchanged after a "resilient performance" during the first few months of the financial year, saying it continues to focus on reaching 22,000 home completions per year in the "medium-term". Read More
(Alliance News) - Rank Group PLC on Tuesday said it has appointed John Ott as chair, with effect from next Monday. Read More
(Alliance News) - Rank Group PLC said on Wednesday that its businesses are growing "in line with expectations" as it reported revenue increases across all areas at the start of its financial year. Read More