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Lastest Finance News

UK watchdog plans full crypto regulation from 2026

26th Nov 2024 14:00

(Alliance News) - The UK's financial watchdog on Tuesday launched plans for full regulatory rules on cryptocurrency from 2026, amid booming demand for highly volatile bitcoin. Read More

Safestore backs annual guidance amid "encouraging" UK trading

26th Nov 2024 13:59

(Alliance News) - Safestore Holdings PLC on Tuesday highlighted strong growth in its Expansion markets division, amid a moderate contraction in full-year revenue. Read More

Brickability revenue firm in 1st half; confident on UK housing market

26th Nov 2024 13:13

(Alliance News) - Brickability Group PLC on Tuesday reported a decline in pretax profit despite slightly higher revenue, as the new-build housing market in the UK remains soft. Read More

Frasers adds South African retail giant Holdsport to brand roster

26th Nov 2024 13:12

(Alliance News) - Frasers Group PLC confirmed on Tuesday its acquisition of Holdsport Group from Old Mutual Ltd. Read More

IN BRIEF: Ashtead Technology acquires Seascan and J2 Subsea

26th Nov 2024 12:59

Ashtead Technology Holdings PLC - Aberdeenshire, Scotland-based subsea equipment rental company for the offshore energy sector - Completes its GBP63 million acquisition of Seascan Ltd and its subsidiaries, as well as sister company J2 Subsea Ltd, from Acteon Group Operations UK Ltd. The acquisitions are subsea electronics and remotely operated vehicle tooling rental and services businesses. Acteon Group is majority owned by One Equity Partners LLC and Buckthorn Partners LLP. The transaction will be funded by a GBP70 million increase in Ashtead Technology's revolving credit facility, to a total size of GBP170 million. Read More

AB Dynamics reports "strong" growth; sees slight profit beat next year

26th Nov 2024 12:27

(Alliance News) - AB Dynamics PLC on Tuesday reported strong full-year revenue and profit increases due to high demand and margin growth. Read More

Russia expels UK diplomat on espionage allegations

26th Nov 2024 12:27

(Alliance News) - Russia said Tuesday it was expelling a British diplomat that it accused of espionage and summoned London's ambassador to the foreign ministry in Moscow. Read More

Halfords shares rise as outlook optimistic despite profit fall

26th Nov 2024 12:23

(Alliance News) - Halfords Group PLC on Tuesday said it was able to mitigate headwinds in the Autocentres servicing business, as it posted a rosy outlook despite a profit dive. Read More

Serica Energy reiterates lowered forecast despite third-quarter growth

26th Nov 2024 12:23

(Alliance News) - Serica Energy PLC on Tuesday confirmed its lowered full-year production forecast, despite third-quarter production and revenue growth. Read More

Hellenic Dynamics faces compulsory liquidation petition in court

26th Nov 2024 12:20

(Alliance News) - Hellenic Dynamics PLC on Tuesday said a petition for the company's compulsory liquidation had been filed by one of its shareholders. Read More

LONDON MARKET MIDDAY: Weak trade after Donald Trump tariff talk

26th Nov 2024 12:04

(Alliance News) - Stocks in Europe went into Tuesday afternoon in negative territory, as the threat of US tariffs on the North American nation's neighbours, as well as arch-rival China, unnerved investors. Read More

Telecom Plus laud business model as profit grows despite revenue fall

26th Nov 2024 11:57

(Alliance News) - Telecom Plus PLC on Tuesday said its half-year profit climbed despite a fall in revenue due to the strength of its business model and improved efficiency. Read More

Renew Holdings hails robust demand as annual profit climbs comfortably

26th Nov 2024 11:47

(Alliance News) - Renew Holdings PLC on Tuesday celebrated the resilient nature of its business model as it praised the UK government's plan to invest in the renewal of the country's critical infrastructure. Read More

IN BRIEF: Irish Continental says 'Oscar Wilde' helps revenue growth

26th Nov 2024 11:39

Irish Continental Group PLC - Dublin-based ferry operator - Revenue for the first ten months of 2024, ended October 31, was EUR521.0 million, up 5.8% from EUR491.4 million a year before. This is primarily due to the acquisition of its 'Oscar Wilde' cruise ferry. Total revenue for its Ferry division grew 6.3% to EUR375.8 million from EUR352.9 million, while total revenue for its Container & Terminal division rose 3.5% to EUR171.3 million from EUR165.4 million. Read More

FD Technologies to return GBP120 million after First Derivatives sale

26th Nov 2024 11:33

(Alliance News) - FD Technologies PLC on Tuesday said half-year trading was in line with expectations as it progressed with its divestment of First Derivatives. Read More

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