JD Wetherspoon sees lower-than-expected profit as higher costs bite
(Alliance News) - JD Wetherspoon PLC on Wednesday blamed rising costs across the business as it warned full-year profit will be below market expectations. Read More
(Alliance News) - JD Wetherspoon PLC on Wednesday blamed rising costs across the business as it warned full-year profit will be below market expectations. Read More
(Alliance News) - Santander UK has pledged not to shut any more branches across its network and those of recently-acquired rival TSB before 2028, despite plans to cut costs further over the rest of the year. Read More
Shuka Minerals PLC - Africa-focused mine operator and developer - Conditionally raises GBP750,000 from a subscription for 18.75 million new shares at 4 pence each by Zambian-based investment company Menel Energy & Resources Ltd. The first tranche of GBP375,000 has been received, Shuka says, and the second one is expected by August 31. Shuka intends to grant Menel warrants to subscribe for up to a further 18.75 million new shares at an exercise price of 8p. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes the acquisition of a light-industrial business park in Fulda, near Frankfurt in Germany, for EUR49.8 million. The business park provides an EPRA net initial yield of 7.8%. This asset is anchored by a European manufacturer of ballistic protection equipment and protective systems, serving military, police and law enforcement customers, Sirius says. It has 57,771 square metres of lettable space and is fully let with an annual rent roll of EUR3.9 million. Read More
(Alliance News) - Banco Santander SA on Wednesday reported profit growth in the first half and outlined plans for further buybacks, despite a downturn in quarterly performance, which it attributed to the impact of acquisitions and disposals. Read More
(Alliance News) - Stocks were called higher on Wednesday morning, while sterling was flat, following news of surprise deflation in UK input producer prices last month, while annual consumer price inflation sped up unexpectedly. Read More
(Alliance News) - UK input producer prices showed a surprise month-on-month drop in June, the Officer for National Statistics reported on Wednesday. Read More
Tamar Minerals PLC - exploring for tin and copper in south west England - Hires Dominic Claridge to be chief executive officer, starting on July 15. Claridge has worked in mining for 35 years, Tamar notes, including experience in China, Australia, Namibia and the UK. Claridge was chief operating officer of AIM-listed Griffin Mining Ltd for six years. He will work two days a week at Tamar and won't join the board. Following Claridge's recruitment, Mark Thompson moves to non-executive chair. Read More
(Alliance News) - Stocks in London are set to open higher on Wednesday, ahead of the UK releasing its consumer, producer and retail price inflation data for June. Read More
(Alliance News) - Single bus fares across England will be capped at GBP2 from January, Prime Minister Andy Burnham has announced. Read More
Supreme PLC - Manchester, England-based consumer products distributor which sells batteries, lighting, vapes, sports nutrition and wellness products as well as soft drinks - Chief Executive Sandy Chadha buys 500,000 shares at 131.81 pence each on Monday. Worth total GBP659,050. Takes Chadha's holding in Supreme to around 54.7% of its issued share capital. 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 updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed higher on Tuesday, as the new UK Chancellor John Healey reiterated his commitment to fiscal discipline, and defence stocks climbed. Read More
JD Sports Fashion PLC - Lancashire, England-based retailer of sports, fashion and outdoor brands - Appoints Darren Shapland as interim chair with immediate effect following the conclusion of its annual general meeting, replacing Andrew Higginson, who announced in April his intention to step down. Shapland will serve until a permanent chair is appointed. As interim chair, he steps down as chair of the ESG committee, while remaining a member, and temporarily leaves the audit & risk committee. Non-Executive Director Prama Bhatt succeeds him as chair of the ESG committee with immediate effect. Read More