Legal & General to cut around 1,000 jobs by mid-2027
(Alliance News) - Life insurance and pensions firm Legal & General Group PLC has said it expects to cut around 1,000 jobs by the middle of next year. Read More
(Alliance News) - Life insurance and pensions firm Legal & General Group PLC has said it expects to cut around 1,000 jobs by the middle of next year. Read More
(Alliance News) - Judges Scientific PLC on Wednesday said its "very poor" first-half performance reflected reduced US research funding, delays in China and continued weakness in offshore wind, as the company swung to a loss. Read More
Chapel Down Group PLC - Tenterden, Kent-based sparkling and still winemaker - Pretax loss narrows to GBP551,000 in the half year that ended June 30 from GBP687,000 a year before, as net sales revenue rises 19% to GBP9.4 million from GBP7.9 million. Adjusted earnings before interest, tax, depreciation and amortisation is GBP1.3 million, up 27% from GBP1.0 million. Chapel Down says adjusted Ebitda for all of 2026 will be "materially ahead of market expectations", which it places at GBP3.7 million on net sales revenue of GBP22.1 million. Net debt is expected to be lower than market expectations of GBP16.2 million, it says, standing at GBP14.0 million on June 30. Read More
(Alliance News) - Stock prices in London were mixed at midday on Wednesday, as sluggish UK private sector growth and weaker oil prices kept a lid on the FTSE 100, while JD Sports fell following its half-year results. Read More
(Alliance News) - Pollen Street Group Ltd on Wednesday said it is considering its strategic options, including the possibility of the group being taken over. Read More
Big Yellow Group PLC - Bagshot, England-based self-storage facility operator - Sells its industrial estate in Bracknell, Berkshire, for GBP6.3 million. The disposal follows on from the previously announced disposals of the industrial estates in Harrow and Staines. Big Yellow has received combined gross proceeds of GBP81 million from these three disposals. Read More
(Alliance News) - Neuberger Private Equity Partners Ltd, formerly NB Private Equity Partners Ltd, on Wednesday said its portfolio delivered robust operating growth in the first half, while it made progress on realisations and returned capital to shareholders. Read More
(Alliance News) - Cordiant Digital Infrastructure Ltd on Wednesday said it expects momentum to build through the financial year as new contracts commence and it works to convert a growing pipeline of opportunities. Read More
Portmeirion Group PLC - Stoke On Trent, Staffordshire-based owner of ceramics and homeware brands Spode, Portmeirion, Royal Worcester and Wax Lyrical - Reports half-year results, the first under its new chief executive officer, Michael Scheepers, as its name change to Spode Group PLC is set be effective during November. Pretax loss widens to GBP5.0 million in the six months that ended June 30 from GBP2.9 million a year before, as revenue slips to GBP36.4 million from GBP37.1 million. Records headline loss before interest, tax, depreciation and amortisation of GBP1.2 million, swung from GBP100,000 in earnings a year before. Read More
(Alliance News) - Renishaw PLC on Wednesday declared a special dividend as it delivered strong annual results and forecast further progress on revenue and profit in the year ahead. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
TruFin PLC - London-based financial technology for early payment provision and invoice finance - Chief Executive Officer James van den Bergh buys 173,629 shares at 99.10 pence, worth GBP172,066, on Tuesday. Last week, Van den Bergh bought 150,000 shares. He now has 589,934 shares, a 1.1% stake. Read More