BoE says has no "secret plan" for unconditional interest rate hikes
9th Sep 2026 08:47
(Alliance News) - The Bank of England has no "secret plan" to unconditionally increase interest rates, the governor of the central bank has said. Read More
(Alliance News) - The Bank of England has no "secret plan" to unconditionally increase interest rates, the governor of the central bank has said. Read More
(Alliance News) - The head of the UK's main air traffic control provider will face a grilling from the Transport Secretary on Wednesday as widespread disruption continues with hundreds of flights cancelled following a technical issue. Read More
(Alliance News) - Victrex says it has lifted its annual profit view, Harworth has affirmed its rejection of a takeover proposal, while Gym Group expects annual earnings at the top end of market expectations. Meanwhile, Aberdeen has named a new chair. Read More
(Alliance News) - The UK debt office sold a 30-year gilt at the highest yield since the body was established, according to results published on Tuesday, highlighting the pressure on public sector finances. Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday, as an underwhelming start to the week for equities looks set to continue, with the Brent price continuing to threaten to hit the USD100 a barrel threshold. Read More
(Alliance News) - The head of an air traffic control provider will speak to the UK Transport secretary on Wednesday as disruption is set to continue after a technical issue grounded flights. Read More
(Alliance News) - UK travellers faced more misery on Wednesday with more than 150 flights scrapped across the country, as Britain's air traffic control service scrambled to recover from a technical glitch that sparked chaos. Read More
(Alliance News) - The following is a round-up of updates by global companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - New York-based private equity firm Cerberus Capital Management LP is close to a GBP1 billion agreement to acquire the defence unit of Goodwin PLC, the Financial Times reported on Tuesday. Read More
(Alliance News) - Recovery from disruptions to flights leaving the UK caused by an air traffic control issue will "take some time", Nats has said, after more than 400 flights were cancelled. Read More
ProService Building Services Marketplace PLC - Manchester, England-based operator of a digital marketplace for customer and supplier acquisition, formerly known as HSS Hire - Reports revenue of GBP248.1 million for the year ended March 31, down from GBP362.8 million for the 15 months ended March 31, 2025. Pretax loss widens to GBP18.3 million from GBP481,000. Underlying loss before interest, tax, depreciation and amortisation is GBP427,000, swung from earnings of GBP12.5 million. ProService notes that the period was "a year of transition to a pure-play marketplace freed from the constraints of an asset-owning hire business via the disposal of The Hire Service Co...and the new commercial agreement with Speedy Hire". Revenue for the first four months of 2027 is up 20% on-year, "ahead of management expectations," and ProService reaffirms prior guidance of underlying Ebitda between GBP9 million and GBP12 million. Read More
EnergyPathways PLC - Worthing, UK-based energy company - Selects professional services firm Jacobs to provide planning, regulatory, consenting and environmental services for its proposed MESH Long Duration Energy Storage project in the Irish Sea and Barrow-in-Furness. Says this will include assistance in EnergyPathways' submission to Ofgem's forthcoming Long Duration Energy Storage Cap & Floor round, after which "the next key milestone" is formal confirmation of the project's eligibility. Says MESH is positioned to become the UK's largest LDES project at 300MW/55 GWh/100+ hours' duration. Expects its "bespoke" design to provide substantial 'total system benefits' to the UK's electricity grid. Jacobs will also develop a stakeholder engagement plan covering local council and regional government, a grid connection application, and other workstreams required for the Cap & Floor round and for a government development consent order submission. Read More
(Alliance News) - Flights departing the UK have been disrupted by an air traffic control "technical issue", Nats has said. Read More