UK chancellor warns of "cost to British families, businesses" of war
(Alliance News) - UK Chancellor Rachel Reeves has warned "the war in Iran will come at a cost to British families and businesses". Read More
(Alliance News) - UK Chancellor Rachel Reeves has warned "the war in Iran will come at a cost to British families and businesses". Read More
(Alliance News) - UK Prime Minister Keir Starmer has urged the US and Iran "to find a way through" after the failure of peace talks, as he also called for the fragile ceasefire to continue and warned against any further escalation. 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) - 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) - Phoenix Copper Ltd on Friday reported that shareholder NIU Invest SE is seeking to requisition an extraordinary general meeting, with proposals including an independent investigation into past unauthorised payments. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC said it would work to implement the proposed tender offers by 30% stakeholder Saba Capital Management LP, after shareholders shot down its own offer at a general meeting on Friday. Read More
(Alliance News) - The FTSE 100 closed little changed on Friday ahead of peace talks between the US and Iran this weekend. Read More
Scottish Mortgage Investment Trust PLC - Edinburgh-based investment company - Says that at its general meeting on Friday, the resolution approving and adopting its new investment objective and policy was passed by shareholders, with 99.72% of votes in favour. Includes "limited additional capacity of up to GBP250 million" to invest in private companies. Chair Christopher Samuel says this "provides important flexibility for the company to pursue attractive private company investment opportunities that arise when the proportion of the portfolio in private companies exceeds 30% of total assets." He adds: "We believe this measured change strengthens the company's ability to pursue long-term returns on behalf of shareholders, while remaining firmly within a disciplined and well governed framework." Read More
(Alliance News) - Stack BTC PLC on Friday reported that it had swung to a loss in the first half, amid a reorganisation of the company as it sharpens its focus on cryptocurrency. Read More
Marechale Capital PLC - London-based adviser and financing provider for consumer brands, leisure, clean energy, mineral extraction and technology companies - Notes that its investee company Weardale Lithium Ltd has secured a GBP700,000 grant through the UK government's "DRIVE35 Scape-Up: Feasibility Studies" competition, which supports the next phase of development at its geothermal lithium project in County Durham. Read More
(Alliance News) - Dekel Agri-Vision PLC on Friday reported "a strong pickup" in crude palm oil production last month, and was similarly positive on its cashew operation. Read More
(Alliance News) - Zenith Energy Ltd on Thursday provided an update on its ongoing arbitration against Tunisia. Read More