(Alliance News) - Repairing the economic damage of Brexit should be the top priority for the prime minister, the boss of the British Chamber of Commerce said. Read More
(Alliance News) - The following is a round-up of earnings and trading 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 earnings reports and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 made further strong gains on Friday as Bank of England Governor Andrew Bailey played down inflation fears, although banks missed out amid fears of a tax hit. Read More
(Alliance News) - Britain should cut public spending rather than raise taxes on banks, the International Monetary Fund has warned. Read More
Octopus AIM VCT PLC and Octopus AIM VCT 2 PLC - venture capital trusts - Enter discussions regarding a possible merger. Says this would be "intended to create a larger and more efficient AIM-focused VCT with greater scale and deliver cost synergies". Their boards believe such "synergies" would benefit existing and prospective shareholders. Also, AIM VCT says it intends to launch a new offer for subscription in respect of the 2026-27 and 2027-28 tax years, following the merger. The merger would be completed through a scheme of reconstruction, with smallest party AIM VCT 2's assets and liabilities being transferred to AIM VCT. AIM VCT 2 shareholders would receive new shares in AIM VCT as consideration. Read More
(Alliance News) - Capricorn Energy PLC on Friday announced the indefinite adjournment of the court and general meetings regarding a proposed acquisition by DNO ASA. Read More
(Alliance News) - Sorted Group Holdings PLC on Friday reported a swing to pretax profit for the first half, as it continues to seek a reverse takeover following the sale of its delivery software business. Read More
(Alliance News) - UK Prime Minister Andy Burnham said he wanted to "move beyond the old politics of conflict" as he offered to work with the SNP to deepen devolution in Scotland. Read More
(Alliance News) - The UK government is "not backing away" from its much-anticipated decisions on the Jackdaw and Rosebank oil and gas fields, Prime Minister Andy Burnham has said. Read More
(Alliance News) - The UK government has sought to persuade UBS Group AG to relocate its headquarters and stock market listing to London, as the Swiss banking giant considers its options amid tougher capital requirements in Switzerland, the Financial Times reported on Friday. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Friday announced the completed sale of its Kazakhstan operations and said it has funded the full redemption of its senior secured notes. Read More
(Alliance News) - Fidelity Asian Values PLC on Friday reported a rise in net asset value per share, but underperformed its comparative index as a slump in the Indonesian stock market weighed on returns. Read More
(Corrected to clarify that shareholders are to have their basis entitlement purchased in full plus approximately 26.24% of their excess applications, not approximately 20.89% as was previously stated.) Read More