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Lastest Finance News

UK retail sales fall at faster pace than expected in September

23rd Oct 2026 07:12

(Alliance News) - UK retail sales were weaker than expected in September, declining on month and growing at a slower pace on-year, numbers from the Office for National Statistics showed on Friday. Read More

IN BRIEF: KCR Residential posts loss amid deteriorating London market

23rd Oct 2026 07:00

KCR Residential REIT PLC - Surrey, England-based residential property investment trust - Reports a pretax loss of GBP2.90 million for the year ended June 30, 2026, swinging from a GBP327,641 profit a year earlier. Revenue rises 15% to GBP2.17 million from GBP1.89 million, as "strong performance gains in the core rental income of 19% were partially offset by lower levels of sales commissions", the company says. The revaluation of investment properties results in a GBP2.28 million loss, compared with a GBP1.16 million gain a year earlier. However, refurbishment costs nearly halve to GBP106,979 from GBP203,129. Read More

PRESS: Shell and ExxonMobil put UK chemicals venture up for sale - FT

23rd Oct 2026 06:58

(Alliance News) - Shell PLC and Exxon Mobil Corp are looking to sell Infineum, their 50-50 chemicals joint venture in the UK, the Financial Times reported on Thursday. Read More

UK Chancellor unveils plans to cut GBP800 million in business red tape

23rd Oct 2026 06:58

(Alliance News) - The chancellor has set out plans to cut back on "form-filling and pointless paperwork" that aim to cut some GBP800 million worth of red tape for businesses. Read More

LONDON MARKET EARLY CALL: FTSE 100 to edge higher but AI worry hits NY

23rd Oct 2026 06:54

(Alliance News) - London's FTSE 100 is expected to inch higher on Friday, though lingering artificial intelligence sector worries have hit parts of Asia, after tech stocks were sold off in New York. Read More

Rio Tinto to invest USD1.9 billion in Kangwinan bauxite project

23rd Oct 2026 01:16

(Alliance News) - Rio Tinto PLC and Ltd on Friday said it will invest USD1.9 billion to develop the Kangwinan bauxite project on Western Cape York Peninsula in Queensland. Read More

TRADING UPDATES: Wag Payment investor to offload remaining shares

22nd Oct 2026 20:21

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Serica Energy eyes FTSE 250 as joins Main Market Tuesday

22nd Oct 2026 18:18

Serica Energy PLC - London-based oil and gas producer - Publishes prospectus confirming it will switch to London's Main Market next week Tuesday, away from the AIM Market. The move will make Serica eligible for inclusion in the FTSE 250 at the December index review. Serica expects to provide its 2027 guidance on January 20. Read More

LONDON MARKET CLOSE: Stocks rattled by tech worry, oil price strength

22nd Oct 2026 17:14

(Alliance News) - The FTSE 100 ended lower on Thursday as a tech sell-off and surging oil prices put equities firmly on the back foot. Read More

BHP Chair Ross McEwan reaffirms support for new CEO Brandon Craig

22nd Oct 2026 17:13

(Alliance News) - BHP Group Ltd Chair Ross McEwan said on Thursday the leadership transition at the diversified mining group had been "smooth". Read More

Axis Capital asks High Court to disrupt Bawag's buy of Permanent TSB

22nd Oct 2026 17:04

(Alliance News) - Axis Capital Ltd C on Thursday petitioned the Irish High Court to disrupt the planned takeover of Dublin-based bank Permanent TSB Group Holdings PLC by Vienna-based lender Bawag Group AG. Read More

Secure Trust Bank on track to hit profit forecasts as loan book grows

22nd Oct 2026 15:14

(Alliance News) - Secure Trust Bank PLC on Thursday said it remains on track to deliver consensus profit expectations and that it is confident in its mid-term targets. Read More

Record hails fifth consecutive quarter of net inflows as assets rise

22nd Oct 2026 15:01

(Alliance News) - Record PLC on Thursday reported a fifth consecutive quarter of net inflows as it disclosed 6.8% growth in assets under management. Read More

IN BRIEF: IntelliAM AI to raise GBP7 million and move to AIM from AQSE

22nd Oct 2026 14:58

IntelliAM AI PLC - South Yorkshire, England-based provider of AI-driven software solutions for the manufacturing and engineering sectors - Calls general meeting for November 19 for shareholders to approve an equity raise and a switch of the company's listing to the AIM market in London from Aquis Stock Exchange. IntelliAM raises GBP6.3 million from the placing of 8.9 million shares at 70.0 pence, together with a convertible loan conversion. IntelliAM also is offering to raise up to a further GBP500,000 from retail investors at the same price. Read More

Aldi and Lidl to face same rules as rival supermarkets - UK watchdog

22nd Oct 2026 14:48

(Alliance News) - Aldi and Lidl will face the same rules in the UK as other major supermarkets to stop them blocking rival stores from being built, the competition watchdog has said. Read More

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