(Alliance News) - Airlines in the UK will be allowed to group passengers from different flights together on to fewer planes as part of plans to save jet fuel. Read More
(Alliance News) - Keir Starmer has urged his party not to repeat the Conservative Party mistake of "descending into political infighting" amid speculation that his rivals are plotting a leadership challenge. Read More
(Alliance News) - BP PLC is mulling to exit part or all of its operations in the UK North Sea, Bloomberg reported Friday. Read More
(Alliance News) - Andy Burnham has a plan to return to Westminster "within weeks" in a bid to challenge UK Prime Minister Keir Starmer, according to reports. Read More
(Alliance News) - Britain's economic situation will not all "return to normal" once the Strait of Hormuz has reopened, Keir Starmer has warned. Read More
(Alliance News) - Toby Neugebauer on Wednesday called the company's decision to remove him from the board "completely misguided," after he stepped down as chief executive last week. Read More
Oscillate PLC - London-based investment company - Completes acquisition of Kalahari Copper Ltd and hails admission to trading on the AIM Market of the London Stock Exchange. Says Robin Birchall, executive director and chief executive officer: "This is a landmark day for the Company as the AIM market will provide the foundation from which to grow the business... Our priority now is to put the funds to good use by advancing our exciting exploration targets in Namibia and Botswana." The Kalahari Copper acquisition gives Oscillate access to two copper belts, "both of which are under-explored in comparison to their prospectivity," says the company. Oscillate will change its name to Serval Resources Plc, with the change "expected to become effective shortly." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
abrdn Property Income Trust Ltd - Guernsey-registered investor in UK real estate - Announces its 2025 results on Tuesday. Reports a 3.2 pence net asset value per share as at December 31, down 60% from 8.0p one year prior. Of the NAV, 1.7p per share relates to its final holding, land in the Cairngorms known as 'Far Ralia'. Share price total return is 5.5% for the year, compared with 11.9% from the FTSE All-Share Real Estate Investment Trusts index and 24.0% from the FTSE All-Share index. The company is in the process of a formal liquidation. Notes that 59.9p per share has been distributed to shareholders to date. "The board remain cognisant that the company no longer has any income-producing assets (excluding interest on cash holdings) and the costs of running the company are now eroding shareholder funds by approximately GBP600,000 per annum (net of interest on cash holdings) based on current projections," says Chair Mike Balfour. "The board and investment manager are, therefore, focused on minimising expenditure." Read More
(Alliance News) - The FTSE 100 closed down on Friday, but above early lows, while the oil price fell amid reports that Iran has made a new proposal amid stalled US peace talks. Read More
3i Infrastructure PLC - Jersey-based infrastructure investor - Board approves the appointment of Andrew Sykes to succeed Richard Laing as chair, the company announces on Wednesday. Sykes, who spent 26 years at Schroders PLC and is currently senior independent director of Intermediate Capital Group PLC (ICG), will join the board as an independent non-executive director & chair designate on July 23. He will be officially appointed chair, effective January 1, when Laing will step down, 3i Infrastructure says. Company further notes that Sykes served as interim chair of ICG from March, 2022 to February, 2023. He will step down from ICG's board at the end of March next year. Read More
(Alliance News) - Parts of the UK's latest manufacturing PMI data "make grim reading", but overall the report contributed to a "remarkably" positive picture of the economy, according to analysts. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - First Class Metals PLC on Friday reported optimistically on the outlook for the metals sector, as it posted a slightly narrower loss in 2025. Read More