(Alliance News) - Dunelm Group PLC on Wednesday expects a return to bottom-line growth in its new financial year, after inflationary pressure kept a lid on the home furnishings retailer's annual profit. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, as news that UK inflation fell to an 18-month low quashed nerves ahead of the US Federal Reserve rate announcement, with the Bank of England's to follow on Thursday. Read More
(Alliance News) - M&G PLC on Wednesday reported consensus-topping half-year profit, and it said net client inflows remained "positive" despite redemption pressure in the wake of the UK government's mini-budget crisis a year ago. Read More
(Alliance News) - AstraZeneca PLC on Wednesday said rare disease business Alexion has signed a purchase and licence agreement for a rare disease programme portfolio from Pfizer Inc. Read More
(Alliance News) - Pearson PLC on Tuesday said it has recruited the head of Microsoft Corp's Industry Solutions business to be its new chief executive officer, starting early next year. Read More
(Alliance News) - Warpaint London PLC on Wednesday trumpeted a strong performance in the first half of the year, as both profit and revenue were lifted on strong sales across all geographic areas. Read More
(Alliance News) - Stocks in London are expected to open in the green on Wednesday, as a cooler-than-expected UK inflation print helped to calm nerves ahead of an interest rate decision from the US later, with the Bank of England to follow on Thursday. Read More
Puma VCT 13 PLC - venture capital trust managed by Puma Investment Management Ltd - Makes offer for subscription to new ordinary shares to raise up to GBP50.0 million, with an over-allotment facility for up to a further GBP20.0 million. The offer will close by April 5, 2024 to be allotted in the 2023-24 UK tax year, which ends on that date. Read More
(Alliance News) - The UK headline inflation unexpectedly cooled last month, as stubborn core price pressure finally eased, figures from the Office for National Statistics showed on Wednesday. Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday, as equities across the globe retreat ahead of a trio of central bank decisions. Read More
(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
(Alliance News) - Jeremy Hunt will meet with technology and creative firms on the west coast of the US as part of efforts to make Britain the "next Silicon Valley". Read More
Aptamer Group PLC - York-based biotech firm - Raises GBP310,772 through the issue of around 28.3 million shares by way of a subscription and a placing to certain existing shareholders at 1.1p per share. Explains the fundraise was initiated following approaches from existing non-UK shareholders who could not be contacted in time to participate in the August 2023 fundraise and extended to take advantage of demand from other existing shareholders. Notes the fundraise includes a subscription by Adam Hargreaves, a non-executive director, for 5 million shares for a total investment of GBP55,000. Following this further investment, Hargreaves now holds a 4.8% stake in the company. In addition, Nicholas Slater, an existing investor spends GBP50,000 for around 4.5 million shares, taking his holding to 5.6% of the enlarged issued share capital. Net proceeds will be ringfenced to support research and development activities within the business, including the ongoing process improvements. R&D work was reduced as part of the company's new strategy to support cost-cutting in August. Read More
(Alliance News) - Rishi Sunak appears set to water down some of the government's net zero pledges to ensure they are "proportionate", in a move that has drawn sharp criticism from across the political spectrum and campaigners. Read More
Silverwood Brands PLC - London-based investing company targeting food, organic food, wellness, lifestyle and leisure sectors - Agrees with Lush Cosmetics Ltd and Cosmetic Warriors Ltd for company to serve its defence by October 2. In July, company received service of legal proceedings from Lush. Read More