LONDON MARKET CLOSE: Blue chips close lower amid US-Iran stalemate
(Alliance News) - The FTSE 100 ended the week on the back foot as the crisis in the Middle East remained deadlocked. Read More
(Alliance News) - The FTSE 100 ended the week on the back foot as the crisis in the Middle East remained deadlocked. Read More
(Alliance News) - Mondi PLC undershot expectations after reporting a slump in profit for the first quarter of 2026, Davy Research noted on Friday. Read More
(Alliance News) - Budget airline Ryanair Holdings PLC said Friday that it would reduce flights to and from Berlin starting in October and relocate aircraft based in the German capital, citing comparatively high costs and taxes. Read More
(Alliance News) - Impax Environmental Markets PLC on Friday advised shareholders "take no action", as it noted a meeting requisitioned on behalf of activist investor Saba Capital Management LP. Read More
Beowulf Mining PLC - exploration for iron ore, graphite, gold and base metals in Sweden, Finland and Kosovo - Explains it is in "advanced discussions" regarding funding solutions, with it currently reviewing a number of proposals and term sheets. Notes there can be no certainty that financing will be obtained, nor as to the terms of any potential financing. Anticipates retaining sufficient cash to last until the second half of May while it "finalises" funding. Cautions that it will need to obtain additional financing prior to the end of May to progress its projects and for operations. Read More
(Alliance News) - Stock prices in London were lower at midday on Friday, as the conflict in the Middle East seemed to reach a stalemate, which sent oil prices higher again. Read More
(Alliance News) - Light Science Technologies Holdings PLC on Friday expressed optimism around its recent acquisitions, as it posted a widened annual loss amid softer revenue. Read More
Mitchells & Butlers PLC - Birmingham, England-based restaurant and pub operator - Confirms that new Chief Financial Officer Emma Harris started her role on Monday, following her appointment announced in October. The company also confirms that outgoing CFO Tim Jones will retire as an executive director at the close of business on July 6, after completing a handover period. Read More
(Alliance News) - UK firms have warned they think food inflation could jump as high as 7% this year as they increased their inflation outlook for the next year, according to Bank of England data. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
Redcentric PLC - Harrogate, North Yorkshire-based IT managed services provider - Calls general meeting for May 13 for shareholders to approve a capital reduction that will allow divestment returns to shareholders. Back in October, Redcentric agreed to sell its data centre business to Stellanor Datacenters Group Ltd for a cash value of up to GBP127 million. Redcentric on Friday says the disposal is expected to complete on Wednesday next week, and it plans to return "material proceeds" to shareholders, most likely by way of an equity tender offer. Other funds will be used to pay down debt, as Redcentric focuses going forward on operating its managed services provider business. At present, distributable reserves are limited to GBP75 million. A capital reduction is a regulatory and accounting exercise that increases distributable reserves. Read More
(Alliance News) - Serica Energy PLC on Friday said it plans to hold investor meetings ahead of a potential five-year senior unsecured bond issuance, as it reported stronger production and a reduced debt position. Read More