UK net mortgage approvals rise unexpectedly in March
(Alliance News) - UK net mortgage approvals unexpectedly increased in March, the Bank of England reported on Friday. Read More
(Alliance News) - UK net mortgage approvals unexpectedly increased in March, the Bank of England reported on Friday. Read More
(Alliance News) - UK manufacturing growth beat expectations in April, partly due to clients bringing forward purchases to mitigate expected price rises, data published by S&P Global showed Friday. Read More
(Alliance News) - Meridian Mining PLC on Friday began trading in London, raising GBP25.0 million through a retail offer and placing. Read More
(Alliance News) - Bank of Ireland Group PLC on Friday said its performance in the first quarter was in line with expectations, while it expects little change to its UK motor finance provision. Read More
Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Spanish, family-owned Mercaluz group, consisting of Componentes Electricos Mercaluz SA, Mercaluz Hogar SLU, EAS Electric Smart Technology SLU and Mercaluz Canarias SLU. Back in March, Grafton noted the total consideration is up to EUR175 million but expected to total around EUR165 million on a cash and debt free basis. Mercaluz, based in Alicante province, distributes domestic and commercial air conditioning equipment to professional specialist mechanical engineer installers and holds European rights to the "fast-growing" brand Johnson. Grafton says the purchase reinforces its position in the "fast-growing" Iberian heating, ventilation and air conditioning market. Read More
International Personal Finance PLC - Leeds, England-based provider of unsecured consumer credit in nine countries including Poland and Mexico - Prices SEK950.0 million, about USD102.8 million, in senior unsecured floating rate notes due November 2028 at 100.75% of face value. They carry an interest rate of the Stockholm interbank offered rate plus 5.75 percentage points. The bonds are an add-on to IPF's existing SEK1.00 billion in 2028 notes that were issued back in November. They will be traded in Frankfurt or Dublin. "This funding will help us grow and continue expanding access to finance for consumers underserved by mainstream lenders," says IPF Chief Financial Officer Gary Thompson. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - AstraZeneca PLC on Friday said it had secured a recommendation for its cancer drug Truqap from US authorities, but failed to secure a majority in favour of its treatment camizestrant. Read More
(Alliance News) - Stock prices in London opened lower on Friday, as investors digested some corporate updates while several major European markets remained closed for the Labour Day holiday. Read More
(Alliance News) - Pearson PLC on Friday said it is on track to deliver its 2026 guidance as it reported higher underlying sales in the first quarter. Read More
(Alliance News) - Pershing Square Holdings Ltd on Friday said it stands to gain from the closing of the initial public offering of Pershing Square USA Ltd. Read More
(Alliance News) - NatWest Group PLC on Friday reported double-digit profit growth in the first three months of the year, though shares were held back by a more cautious than expected top-line outlook. Read More
(Alliance News) - UK house price growth accelerated in April, while NatWest reported stronger first-quarter profit and income, and Santander completed its acquisition of TSB to expand its position in the domestic market. Read More
(Alliance News) - UK house price growth strengthened in April, with annual gains accelerating despite rising economic uncertainty linked to the Middle East conflict, data from Nationwide Building Society showed on Friday. Read More
Fadel Partners Inc - New York-based media rights and royalty management software developer - Pretax loss narrowed to USD1.4 million in 2025 from USD5.0 million in 2024. Revenue falls 3.1% to USD12.6 million from USD13.0 million, amid lower services revenue due to the company expanding into the mid-market "where projects are less complex and shorter in duration", but total operating costs are reduced 27% to USD9.5 million from USD13.1 million. Read More