(Alliance News) - Victrex PLC on Monday said it is cutting 10% of its workforce as it reported a hefty first half loss hit by a GBP60.6 million impairment charge in China and weaker margins. Read More
(Alliance News) - Stock prices in London opened slightly higher on Monday, even as geopolitical tensions in the Middle East continued to weigh on sentiment across European markets. Read More
(Alliance News) - A Cabinet minister has backed Keir Starmer to remain as UK prime minister for a full decade as Labour MPs continued to call for him to quit. Read More
(Alliance News) - Asos PLC on Monday said it has sold a fulfilment centre in the UK to Marks & Spencer Group PLC, netting GBP66 million. Read More
Games Workshop Group PLC - Nottingham, England-based fantasy game figurine maker - Promotes Group Operations Director Neil Tomlinson to chief operating officer, effective from May 31. "As chief operating officer, Neil will be responsible for the company's design studios, extending his remit across the full Design to Manufacture team," Games Workshop says. Read More
(Alliance News) - GSK PLC on Monday launched the fifth tranche of its GBP2.0 billion buyback as it announced an exclusive collaboration with China pharmaceutical group Sino Biopharmaceutical Ltd. Read More
(Alliance News) - Compass Group PLC on Monday raised its profit view after a "strong first-half performance". Read More
(Alliance News) - Diageo PLC has confirmed plans to develop a new Guinness brewery in Co Kildare over the next three years. Read More
(Alliance News) - Compass Group raised annual profit guidance after reporting double-digit first-half operating profit growth, while GSK announced a China partnership for hepatitis B treatment bepirovirsen and the final tranche of its GBP2 billion buyback. Elsewhere, Victrex warned higher energy costs linked to the Middle East conflict could weigh on demand as interim profit declined. Read More
(Alliance News) - Heathrow Airport reported its passenger numbers fell by 5.3% last month because of the war in the Middle East. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, as investors monitor rising oil prices and fresh tensions surrounding stalled US-Iran negotiations. Read More
(Alliance News) - The UK will not rejoin the EU's single market or customs union despite UK Prime Minister Keir Starmer promising to be "bolder" in seeking closer ties with Brussels. Read More
(Alliance News) - Keir Starmer said bringing former UK prime minister Gordon Brown back into government is a "future-looking" move. Read More
(Alliance News) - UK Prime Minister Keir Starmer has vowed to listen to voters but refused to shift "left or right" despite pressure to change course and backbench calls for a new leader following Labour's electoral mauling. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More