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Lastest Finance News

Heathrow records busiest April for passenger numbers

12th May 2025 08:24

(Alliance News) - Heathrow Airport said last month was its busiest April on record, as it served nearly 7.1 million passengers. Read More

LONDON BRIEFING: Victrex interim profit jumps; Cobalt eyes June IPO

12th May 2025 07:49

(Alliance News) - London's FTSE 100 is set to open higher on Monday, as the US claims to have reached a trade deal with China and the UK presses forward with further tariff negotiations. Read More

UK hosts European ministers for Ukraine talks amid ceasefire ultimatum

12th May 2025 07:00

(Alliance News) - The UK will on Monday host European ministers for "critical" talks on "repelling Russian aggression", two days after Ukraine's allies demanded that Moscow accept a ceasefire. Read More

Better English standards, decade in UK to be needed before citizenship

12th May 2025 06:54

(Alliance News) - Migrants will be told they need to spend up to a decade in the UK before they can apply for citizenship and English language requirements will be increased as part of the government's immigration crackdown. Read More

LONDON MARKET EARLY CALL: London called up amid US-China deal claims

12th May 2025 06:50

(Alliance News) - Stocks in London are set to open higher on Monday, as the US claims to have reached a trade deal with China and investors weigh potential signs of further talks for a ceasefire in Ukraine. Read More

Alliance News UK - start of day

12th May 2025 06:30

(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More

PRESS: Reckitt unit sale at risk amid volatile market - FT

11th May 2025 13:17

(Alliance News) - Reckitt Benckiser Group PLC's sale of its portfolio of cleaning products could be at risk due to market turmoil, the Financial Times reported on Friday. Read More

UK's Mandelson "looking forward" to bringing down more US tariffs

10th May 2025 10:43

(Alliance News) - UK Prime Minister Keir Starmer's ambassador in Washington has said he is "looking forward" to negotiating with the US to "bring down further tariffs". Read More

Trump "committed" to 10% tariff rate despite deal, says White House

10th May 2025 10:42

(Alliance News) - Donald Trump will stand firm on the blanket 10% tariff on most UK imports into the US, his press secretary has indicated, as the Prime Minister Keir Starmer declined to rule out the possibility of changes to tech taxes in a future trade deal. Read More

IN BRIEF: Tekmar receives final referred consideration for Subsea deal

9th May 2025 21:44

Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for global offshore energy markets - announces it has received the final deferred consideration payment of GBP0.5 million relating to the Subsea Innovation Ltd divestment to Unique Group for GBP1.9 million in May 2024. Read More

IN BRIEF: Pod Point interim CFO takes leave due to ill-health

9th May 2025 21:44

Pod Point Group Holdings PLC - London-based electric vehicle charging network operator - Interim Chief Financial Officer Mike Killick to take leave of absence due to ill-health with immediate effect. Mike will step down from the board of directors of Pod Point during this period of absence, company says. Pod Point says "robust cover" has been put in place to ensure continuity. Killick's duties will be covered by Michael Jay, deputy chief financial officer, who has worked at Pod Point for two years and held a number of senior finance roles in both public and private companies. Jay will be supported by other members of the leadership team along with Margaret Amos, chair of the Audit & Risk Committee. Read More

IN BRIEF: Panmure Liberum completes PSC sale of BP Marsh stock

9th May 2025 20:01

BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Panmure Liberum Capital Ltd says sale of 1.9 million shares in BP Marsh by PSC UK Pty Ltd is completed. The shares, 5.2% of BP Marsh's issued share capital, are placed at 630 pence each. On completion, PSC holds just under 15% stake in BP Marsh. The remaining shares are subject to a 60-day lock-up. BP Marsh will not receive any proceeds from the placing. Read More

IN BRIEF: Genflow Biosciences says investment a vote of confidence

9th May 2025 18:42

Genflow Biosciences PLC - London-based biotechnology firm, which has research facilities in Belgium - raises GBP500,000 via an allotment to Chief Executive Eric Leire of 62.5 million shares at 0.8 pence each. The net proceeds will be used to advance a proof-of-concept trial evaluating the safety and efficacy of its therapeutic candidate in aged dogs, potentially being also a key translational model for age-related conditions in humans. On allotment, Leire agrees to sell these shares at the same price to an already identified purchaser. Leire says: "This investment, without applying any discount, is a strong vote of confidence in our science." He adds: "With this support, we are well-positioned to accelerate our research and bring us closer to delivering impactful solutions to patients." Read More

PRESS: Santander rejected GBP11 billion bid from NatWest for UK arm

9th May 2025 18:41

(Alliance News) - Banco Santander SA rejected a bid worth about GBP11 billion for its UK retail bank from NatWest Group PLC earlier this year after the Spanish lender said the offer was too low, the Financial Times reported on Friday. Read More

Starmer not ruling out tech tax changes as part of future trade deal

9th May 2025 18:22

(Alliance News) - UK Prime Minister Keir Starmer has declined to rule out changes to taxes on tech giants as part of a future trade deal with the US. Read More

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