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Lastest Finance News

Victrex to axe 10% of jobs as slides into the red amid China charge

11th May 2026 09:20

(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

LONDON MARKET OPEN: FTSE 100 edges up as Trump rejects Iran proposal

11th May 2026 09:13

(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

Peter Kyle backs "decade of Starmer" as UK PM faces more calls to quit

11th May 2026 09:09

(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

Asos sells Lichfield fulfilment site to M&S for GBP66 million

11th May 2026 08:51

(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

IN BRIEF: Games Workshop promotes Neil Tomlinson to COO from May 31

11th May 2026 08:44

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

GSK agrees China hepatitis B deal as kicks off last tranche of buyback

11th May 2026 08:26

(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

Compass lifts annual profit outlook as half-year earnings grow

11th May 2026 08:17

(Alliance News) - Compass Group PLC on Monday raised its profit view after a "strong first-half performance". Read More

Diageo to invest further EUR400 million in Kildare brewery in Ireland

11th May 2026 08:11

(Alliance News) - Diageo PLC has confirmed plans to develop a new Guinness brewery in Co Kildare over the next three years. Read More

LONDON BRIEFING: Compass lifts outlook as GSK expands in China

11th May 2026 07:56

(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

Heathrow blames 5.3% dip in passenger numbers on Middle East war

11th May 2026 07:42

(Alliance News) - Heathrow Airport reported its passenger numbers fell by 5.3% last month because of the war in the Middle East. Read More

LONDON MARKET EARLY CALL: FTSE 100 seen up as oil climbs again

11th May 2026 07:00

(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

UK rules out single market return as Starmer seeks closer EU ties

10th May 2026 22:20

(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

Bringing back Brown, Harman is "future-looking" move - UK PM Starmer

10th May 2026 09:22

(Alliance News) - Keir Starmer said bringing former UK prime minister Gordon Brown back into government is a "future-looking" move. Read More

UK PM refuses to shift "left or right" amid pressure over poll mauling

9th May 2026 08:47

(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

EXECUTIVE CHANGES: Portmeirion names new CEO; Henry Boot CEO to leave

8th May 2026 21:29

(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

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