(Alliance News) - Stocks in London are set to open lower on Wednesday, with the FTSE 100 set to temper some of its roughly 20% year-to-date gain, after spiking to a record high on Tuesday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mostly higher on Friday, in light of lower-than-expected US inflation the day before. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Next has outlined plans for a shareholder return, WH Smith says it has a lot to do to "rebuild confidence", while Applied Nutrition has struck an out-licensing with grocer Morrisons. Read More
(Alliance News) - Stock prices in Europe were largely lower on Friday afternoon, as stronger UK economic data failed to lift sentiment, with investors cautious ahead of key US inflation data. Read More
(Alliance News) - Revel Collective PLC said Friday it will conduct a strategic review, which includes a formal sales process, following what it called a "continued period of external challenges" affecting trading. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - NatWest Group upgraded its 2025 guidance after reporting a strong third-quarter profit rise, while GSK secured US approval for its multiple myeloma drug Blenrep. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
(Alliance News) - London stocks remained higher at midday on Wednesday, spurred on by the pound continuing to soften against the US dollar and ahead of an anticipated cut to the UK economic forecast in Rachel Reeves' spring statement at 1230 GMT. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
The Revel Collective PLC - Manchester, England-based operator of pubs and bars - Pretax profit balloons to GBP30.1 million in the 26 weeks to December 28 from GBP3.1 million a year prior, despite revenue falling to GBP64.2 million from GBP82.3 million. Bottom line benefits from exceptional items credit of GBP28.4 million compared with GBP3.9 million. No dividend declared. Says trading in the bars continued to be challenging due to the reduced consumer confidence currently impacting the UK nighttime economy. Further, the restructuring plan in Revolution Bars Ltd which was completed two months later than originally planned, led to prolonged uncertainty. On the plus side, notes record levels of pre-booked corporate bookings in bar brands in the festive trading period. Remains confident of achieving alternative performance measure adjusted earnings before interest, tax, depreciation and amortisation of GBP2.0 to GBP4.0 million as previously announced in January. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, while Rio Tinto hopes US President Trump will look favourably on its plans to build a massive copper mine. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Revel Collective PLC on Tuesday said its annual loss widened during its 2024 financial year, due to the effects of its now-completed restructuring plan. Read More
(Alliance News) - Stock prices in London were lower on Tuesday, with only a handful of large-caps in the green amid a more hawkish skew to Federal Reserve interest rate expectations. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
Revel Collective PLC - Manchester, England-based operator of 65 pubs and bars under the Revolucion de Cuba, Revolution and Peach Pub brands - Changes name from Revolution Bars Group to "reflect better the make-up of the group as it is today". Chief Executive Officer Rob Pitcher says the new name "signals a fresh start" for the company, which he says is now on a "firmer platform". For company staff, it "provides a new dawn and stability from the uncertainty which our restructuring caused", he says. Revolution Bars completed a court approved financial restructuring plan back in August, having swung into loss in 2023. The restructuring involved amending and extending secured lending facilities, exiting the leases of some loss-making bar sites, and implementing rent reductions at others. Read More