LONDON (Alliance News) - Centrica PLC-owned British Gas has been forced to make GBP5.6 million in payments following errors in its switching and renewal process. The UK energy regulator Ofgem found that the energy supplier wrongly blocked businesses from switching and failed to give some bu Read More
LONDON (Alliance News) - SSE PLC Tuesday said Finance Director Gregor Alexander acquired 16 shares at a price of GBP14.69 per share Monday as part of an ISA reinvestment. Following this transaction, Alexander now holds 124,117 shares in total. Shares in the power company were trading Read More
LONDON (Alliance News) - SSE PLC said Monday that a group of executives, including Chief Executive Alistair Phillips-Davies, had bought shares in the company at 1,478.19 pence each in the company's share incentive plan, and had been allocated matching shares.<br /><br />The transactions were a Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - SSE PLC Thursday said a group of executives, including Chief Executive Alistair Phillips-Davies, acquired shares at a price of GBP15.065000 per share Wednesday as part of a dividend reinvestment.<br /><br />Details are as follows.<br /><br /> <table class="ak" cells Read More
LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 0.5%. The group has agreed to sell Skandia Germany and S Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Babcock International</strong> Group PLC said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustri Read More
LONDON (Alliance News) - UK stock indices are lower Thursday but range-bound as investors keep one eye on developments in Ukraine, while the pound has jumped to a six-day high against the dollar after stronger-than-expected UK retail sales data. Following US President Barack Obama's speech Read More
LONDON (Alliance News) - UK energy industry regulator Ofgem proposed Thursday an independent investigation into the UK's energy market by the Competition and Markets Authority, asking the CMA to investigate "once and for all" whether there are barriers to effective competition with the "Big Six" Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More
LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.<br /><br />London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive Read More
LONDON (Alliance News) - SSE PLC Wednesday announced a major asset-disposal plan, cost-cutting initiatives, and a freezing of UK household energy bills ahead of its full-year results next week. The major UK energy supplier said that as part of a new value programme, which is focused on simp Read More
LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More
LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background Read More
LONDON (Alliance News) - SSE PLC Wednesday announced a major asset-disposal plan, cost-cutting initiatives, and a freezing of UK household energy bills ahead of its full-year results next week. The major UK energy supplier said that as part of its value programme, it is now planning asset a Read More
LONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in <strong>Lloyds Bank</strong>. <br /><br />The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP Read More