(Alliance News) - London's FTSE 100 nudged higher late on Monday while the dollar flagged, as bets rose that the US Federal Reserve could deliver a jumbo sized interest rate cut on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - London's FTSE 100 is set to open a touch lower at the start of the week, with poorly-received data out of China hurting the mood ahead of the week's major central bank decisions. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - UK grocery price inflation resumed its slowdown, while Ocado delivered its quickest rate of growth since May 2021, figures on Tuesday showed. Read More
J Sainsbury PLC - London-based supermarket chain - Agrees to buy 10 leasehold stores currently trading as Homebase to convert into Sainsbury's supermarkets. Homebase is a do-it-yourself store chain. The 10 stores being bought by Sainsbury from HHGL Ltd are scattered across England, Northern Ireland and Scotland, including in Birmingham, Londonderry and Inverurie. They will add 235,000 square feet of new trading space. Sainsbury says the total cost of buying and fitting out the stores is expected to be GBP130 million. Its free cash flow targets remain unchanged, despite the investment, it said. Sainsbury continues to target at least GBP500 million in retail free cash flow in financial year 2025 and at least GBP1.6 billion over the three years to financial 2027. Read More
(Alliance News) - Stock prices in London closed higher on Tuesday, shaking off some midday weakness thanks to a hopeful US producer price inflation print. Read More
(Alliance News) - UK grocery inflation accelerated for the first time since March last year, figures on Tuesday showed. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in August so far and not separately reported by Alliance News: Read More
(Alliance News) - Cranswick PLC continues to perform well, analysts said on Monday, after the firm disclosed a strong performance in the first quarter of its financial year. Read More
(Alliance News) - UK supermarkets are not likely to be misleading shoppers over loyalty pricing – but questions remain over whether displayed savings are genuine, the competition watchdog has suggested. Read More
(Alliance News) - Centrica PLC on Thursday reported sharply lower half-year revenue and profit, amid a "more normalised external environment", meaning lower wholesale energy prices, but the British Gas-owner said its balance sheet allowed for a dividend increase. Read More
(Alliance News) - Falling inflation, football and fake tan dominated grocery shopping in the UK this month as rising consumer confidence and Euros excitement was damped by the relentlessly wet summer, figures show. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, as hopes for lower interest rates in the coming months was offset by investor concern about a second US presidency for Donald Trump. Read More
(Alliance News) - Royal Mail's prospective new owner has vowed to maintain the service's requirement to deliver letters six days a week throughout the UK. Read More
(Alliance News) - Centrica PLC is in talks to find a successor to Chair Scott Wheway, Sky News reported Saturday. Read More
(Alliance News) - Stocks in London closed lower on Tuesday as investors assessed hot eurozone inflation figures, and central bankers said the battle against pricing pressures was far from won. Read More
(Alliance News) - Stock prices in London were lower at midday, in underwhelming trade ahead of some US labour market data as the week progresses, and after numbers showed inflation in the eurozone cooled. Read More
(Alliance News) - J Sainsbury PLC's grocery arm continued to impress, but slowing sales growth there and continued woes at Argos have given the supermarket chain something to be mindful of. Read More