Kingfisher hires Sebastian Gundel as CEO as Garnier departs for Ahold
13th Oct 2026 09:08
(Alliance News) - Kingfisher PLC on Tuesday said it has hired Sebastian Gundel as its new chief executive, starting on February 1. Read More
(Alliance News) - Kingfisher PLC on Tuesday said it has hired Sebastian Gundel as its new chief executive, starting on February 1. Read More
(Alliance News) - Stock prices in Europe traded higher in early dealings, despite a decline in tech shares in the US and Asian, before eyes turn to banking earnings. Read More
(Alliance News) - BP PLC on Tuesday said it expects to report a marked reduction in debt and stronger refining margins in the third quarter, although it also will book impairments of up to USD4.5 billion. Read More
(Alliance News) - Bytes Technology Group PLC on Tuesday described its interim financial performance as "strong", crediting strategic changes, and announced the acquisition of a UK cybersecurity firm. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management declines 1.4% to GBP181.4 billion as at September 30, from GBP184.0 billion at June 30, but rises 19% from GBP152.1 billion at September 30, 2025. Read More
(Alliance News) - Tharisa PLC said on Tuesday that its annual platinum group metal production met its guidance, indicating that its underground project remains on track. Read More
(Alliance News) - UK grocery price inflation accelerated in early October, prompting shoppers to seek out promotions amid concerns over the cost of living, according to survey results released on Tuesday. Read More
(Alliance News) - BP expects to report a boost from stronger refining margins, while Whitbread reports a half-year profit fall but says Premier Inn is outperforming in the UK & Ireland unit. Read More
ECR Minerals PLC - Australia-focused gold exploration and development company - Recovers multiple gold nuggets from the Brothers Mining licence, North Queensland. In a 2,100 metre north-south zone, the gold nuggets were recovered from 26 sites ranging and ranged from 0.1 grams to 12.3 grams. The company says the results "provide an encouraging early indication of the alluvial potential surrounding the Brothers Mining licence area and at the mining licence itself and supports the company's plans to undertake more systematic trial processing in the area, focusing within the granted mining licence area". Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, shaking off pressure on tech shares in New York and Asia, as focus heads to the US for the start of the banking earnings season this afternoon. Read More
(Alliance News) - UK households are set to face a sharper rise in inflation than previously forecast as the conflict in the Middle East propels food and energy costs higher, according to the International Monetary Fund. Read More
(Alliance News) - Jardine Matheson Holdings Ltd on Tuesday said it now has full ownership of Gammon Construction and lifted its guidance for full-year 2026. Read More
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train, and managed by Lindsell Train Ltd, that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - Announces results of the tender offer at 637.29 pence per share, being 95% of its net asset value per share on October 9. 6.5 million shares are validly tendered, representing 32.5% of its issued share capital. The maximum number of shares available to be acquired under the tender offer was 4.0 million. Following a scale-back exercise, shareholders who validly tendered a number of shares greater than their basic entitlement are to have a number of shares equal to their basic entitlement purchased in full plus 20.89% of their excess applications None of the independent directors nor the investment manager founders have participated in the tender offer. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Baillie Gifford US Growth Trust PLC - US growth stock-focused investment trust, whose investees include Space Exploration Technologies Corp - Says voting experts Glass Lewis, Institutional Shareholder Services Inc and Pensions & Investment Research Consultants Ltd recommend shareholders vote against three resolutions proposed by activist investor Saba Capital Management LP at its general meeting on October 23. Saba holds nearly 30% of Baillie. The activist investor's resolutions are to appoint as directors representatives Jason Chen and Thomas McGlade, as well as UK managing director James Waterlow. In late September, the Association of Investment Companies warned that Baillie shareholders must "make their voices heard" at the meeting if they wish to stop Saba from taking control. Baillie's experts advise shareholders to vote in favour of four resolutions to reappoint existing directors. Last week, Sky News reported that Baillie Chair Tom Burnet wrote to Douglas Alexander, secretary of state for Scotland, and City Minister Lucy Rigby, "urging [them] to plead for an overhaul of the City rulebook," as it confronts what he calls the "threat" from Saba against it and the wider UK investment trust sector. Read More