Grafton backs 2026 view as revenue rises despite "weakness" in Britain
13th Jul 2026 08:55
(Alliance News) - Grafton Group PLC on Monday reported a rise in first-half revenue and backed profit guidance for 2026. Read More
(Alliance News) - Grafton Group PLC on Monday reported a rise in first-half revenue and backed profit guidance for 2026. Read More
(Alliance News) - GSK reports positive Jemperli trial data, while Plus500 posts record first-half revenue. Elsewhere, Heathrow's first-half passenger traffic edged higher despite a June decline caused by weaker Middle East travel. Read More
Phoenix Copper Ltd - developing Empire copper, gold and silver mine in the US state of Idaho - Appeals to shareholders to allow its equity raise to go forward in their voting at the company's annual general meeting on July 24, despite a scandal involving the company's former executive chair and chief financial officer. Early last week, Phoenix said it raised GBP2.4 million from a share placing with institutional investors and subscription by Phoenix directors, selling 489.2 million shares at 0.50 pence each. However, a retail share offer to raise up to a further GBP500,000 raised only GBP67,218, Phoenix said on Friday. To allow the equity raise to be completed, Phoenix needs shareholders to support a special resolution at the AGM to dis-apply their pre-emption rights. Read More
Schroder European Real Estate Investment Trust PLC - London and Johannesburg-listed property investor - Says its property portfolio is independently valued at EUR185.1 million on June 30, the end of its financial third quarter, down 3.9% from EUR192.6 million on March 31. On year, the property value is down 4.5% from EUR193.9 million. The REIT says the decline in property value reflects weaker investment demand, particularly for secondary offices, driven by heightened macroeconomic uncertainty, alongside inflation and interest rate concerns. Read More
(Alliance News) - MasterCard Inc is considering selling a majority holding in UK payments business Vocalink, the Financial Times reported early on Monday. Read More
(Alliance News) - Stocks in London are set to open lower on Monday as renewed tensions in the Middle East pushed oil prices higher and weighed on investor sentiment. Read More
(Alliance News) - Segro PLC Chief Executive David Sleath has vowed to remain at the helm of the warehouse and data centre developer as he fights off a GBP12.6 billion hostile takeover approach from US rival ProLogis Inc, according to an interview with The Sunday Times. Read More
(Alliance News) - Rachel Reeves is to announce plans to help small businesses grow, in what is likely to be one of her last acts as chancellor. Read More
(Alliance News) - The chancellor's decision to raise employers' national insurance is costing the average business more than GBP1,000 per worker every year, figures show. Read More
(Alliance News) - The UK government should look at increasing universal credit for 66-year-olds to prevent financial hardship stemming from the "lottery of life" as the state pension age rises to 67, according to a committee of MPs. Read More
Babcock International Group PLC - London-based aerospace, defence and nuclear engineering - Announces the issue of GBP250 million of five-year bonds carrying fixed coupon of 5.125%, the group's first bond issue for seven years, to refinance the GBP300 million bond maturing in October. "Babcock's strong proposition, fundamentals and balance sheet, combined with leading market positioning in defence and nuclear, has led to a high level of demand, allowing us to price on attractive terms," it says. Proceeds will be used for general corporate purposes, including ongoing investment to support and drive growth. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Dekel Agri-Vision PLC - West Africa-focused agricultural company - Expects, for the first half of 2026, to report "a modest increase" in revenue year-on-year from its palm oil operation. Reports crude palm oil production totalling 22,676 tonnes, up 7.3% from 21,128 tonnes. Processed fresh fruit bunches totalled 107,626 tonnes, up 12% from 96,518 tonnes. CPO extraction rate decreases to 21.1% from 21.9%, but "improved in more recent months as the season progressed." CPO sales increase 5.0% to 22,225 tonnes from 21,168 tonnes. Palm kernel oil production, however, falls 19% to 1,201 tonnes from 1,474 tonnes, while PKO sales fall 31% to 848 tonnes from 1,220 tonnes. For the cashew operation, the amount of raw cashew nuts processed surges 46% to 3,165 tonnes from 2,172 tonnes. Cashew production jumps 82% to 948 tonnes from 521 tonnes. Sales more than double to 996 tonnes from 485 tonnes. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 closed higher on Friday in calmer trading, boosted by double-digit gains from telecommunications firm Vodafone. Read More