New home completions fell by 7% annually in 2024 — industry body
(Alliance News) - The number of new home builds completed last year in the UK was 7% lower than in 2023, according to figures from an industry body. Read More
(Alliance News) - The number of new home builds completed last year in the UK was 7% lower than in 2023, according to figures from an industry body. Read More
(Alliance News) - A group of MPs has asked the bosses of nine banks to reveal the scale of recent IT failures and compensation payouts, after an outage led to days of disruption for Barclays PLC customers earlier this month. Read More
(Alliance News) - Caracal Gold PLC on Monday said it is seeking legal advice on its ongoing negotiations with Cynergy Global Ltd, and announced the results of fundraising as cost pressures ramp up. Read More
Taylor Maritime Ltd - Guernsey, England-based shipping investor - Says name change from Taylor Maritime Investments Ltd is effective on Monday after shareholders backed move. The company confirms the transfer of its ordinary shares listing from the closed-ended investment funds category to the equity shares category of the Official List, effective on Monday. It appoints Deputy Chief Executive Officer Alexander Slee, Chief Financial Officer Yam Lay Tan and Chief Strategy Officer Camilla Pierrepont as executive directors with effect from Tuesday. Read More
(Alliance News) - Stock prices in London were higher heading into Monday afternoon, shaking off some US tariff nerves, with BP and gold miners among the stocks shining. Read More
(Alliance News) - Synergia Energy Ltd on Monday said there is potential to sharply increase gross production and cash flow as it announced an update for Cambay. Read More
(Alliance News) - LifeSafe Holdings PLC on Monday said it is optimistic that two new contracts will be announced in the coming months. Read More
(Alliance News) - Altona Rare Earths PLC on Monday said it has received "very encouraging" results from the assay of fluorspar ore samples collected at the Monte Muambe fluorite zone. Read More
(Alliance News) - Artisanal Spirits Co PLC on Monday said it has seen "encouraging demand" for its new whisky collection. Read More
(Alliance News) - Sales of pure electric used cars in the UK reached a record market share last year, new figures show. Read More
(Alliance News) - Cardiogeni PLC on Monday said it has signed a memorandum of understanding with the private office of Sheikh Al Qassimi to provide direct investment and fund its clinical trials. Read More
(Alliance News) - Gusbourne PLC on Monday said its main shareholder requested a general meting to consider a resolution to delist the company from the AIM market in London. Read More
Lansdowne Oil & Gas PLC - Exploration company with licences in the Irish offshore shelf areas - Inks convertible loan agreement for GBP45,000 with a number of existing shareholders. Expects to use the funds for working capital as discussions advance with potential funders for its Energy Charter Treaty claim against Ireland, and work progresses toward a potential reverse takeover. Says loan terms are the same as those previously entered into and announced on September 20 last year. It is unsecured, carries no interest and shall be converted at the time of completing a reverse takeover, subject to shareholder approval for the extension of share issuance authorities. Company is also in the process of completing its accounts for the full-year to December 31 2023 and six months to June 30 2024. Says it expects to raise further funds through the CLN process in the coming weeks as required. Adds that its shares on AIM will remain suspended until the completion of a reverse takeover or the company is readmitted to trading on AIM as an investment company. Read More
(Alliance News) - UK Oil & Gas PLC on Monday said production at its Horndean field site has seen a "significant" increase, on the back of a workover campaign during the final quarter of 2024. Read More
Carnival PLC - Florida-based cruise operator - Closes previously announced private offering of USD2.0 billion of 6.125% of senior unsecured notes due 2023. Says it utilised the net proceeds from the offering, coupled with on-hand cash, to redeem USD2.03 billion 10.375% senior priority notes due 2028 of Carnival Holdings (Bermuda) Ltd. Says this lead to an over 4% reduction in interest expense. Adds that the notes offering and redemption of senior priority notes reflects a continuation of its strategy "to reduce interest expense, simplify its capital structure and manage its future debt maturities." Anticipates the transaction will reduce annual net interest expense by over USD80 million and says the indenture governing the notes has investment grade-style covenants. Read More