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Lastest Finance News

PayPoint makes "encouraging start" as revenue climbs in first quarter

7th Aug 2025 13:34

(Alliance News) - PayPoint PLC on Wednesday said net revenue increased in the first quarter of the new year, driven by a positive performance in the E-commerce, Payments & Banking and Love2shop divisions. Read More

Lancashire Holdings sees profit slide on natural disaster losses

7th Aug 2025 13:15

(Alliance News) - Lancashire Holdings PLC on Wednesday cut its dividend after pretax profit declined in the first half, but stressed the firm's "resilience" and raised its full-year expectations for return on equity. Read More

RIT Capital Partners ups dividend as assets climb across divisions

7th Aug 2025 13:00

(Alliance News) - RIT Capital Partners PLC on Thursday said its net asset value increased during the first half of the year, with positive returns in all three investment pillars. Read More

UPDATE: Bank of England lifts GDP forecast as votes 5-4 to cut rates

7th Aug 2025 12:43

(Alliance News) - The Bank of England on Thursday reduced UK interest rates by 25 basis points in a closer than expected decision. Read More

IN BRIEF: Standard Chartered executives sell GBP10 million in shares

7th Aug 2025 12:41

Standard Chartered PLC - London-based, Asia and Africa-focused lender - Sunil Kaushal, co-head of Corporate & Investment Banking, sells 390,697 shares mostly at GBP13.58, worth GBP5.3 million, on Monday. Tanuj Kapilashrami, chief strategy & talent officer, sells 125,000 shares at GBP13.67, worth GBP1.7 million, on Tuesday. As previously reported, Judy Hsu, Wealth & Retail Banking chief executive officer, sold 280,000 shares at GBP13.60 each, worth GBP3.8 million, on Monday. Read More

IN BRIEF: Marshalls names Diana Houghton senior independent director

7th Aug 2025 12:25

Marshalls PLC - Yorkshire, England-based maker of hard landscaping products such as paving stones - Promotes Non-Executive Director Diana Houghton to senior independent director, succeeding Graham Prothero after the Marshalls annual general meeting in 2026. Prothero will leave the board after serving for nine years, while Houghton steps up having joined in 2023. Marshalls also hires Paul Inman as a non-executive director, starting September 15. Inman is the former chief financial officer of Yorkshire Water, having previously worked at BAE Systems PLC and Rolls-Royce Holdings PLC. Read More

Bank of England votes 5-4 to cut base rate by 25 basis points to 4.0%

7th Aug 2025 12:15

(Alliance News) - The Bank of England on Thursday reduced UK interest rates by 25 basis points in a closer than expected decision. Read More

LONDON MARKET MIDDAY: Pound climbs after BoE cut in knife-edge vote

7th Aug 2025 12:12

(Alliance News) - London's FTSE was on the decline on Thursday afternoon, while the pound moved above the USD1.34 mark, after the Bank of England cut rates in a decision that needed a second vote. Read More

Syncona net asset value rises as strategy consultation continues

7th Aug 2025 12:01

(Alliance News) - Syncona Ltd on Thursday said its net asset value increased during the first quarter of its financial year, citing strong clinical execution. Read More

IN BRIEF: Great Portland Estates completes 141 Wardour Street, London

7th Aug 2025 11:56

Great Portland Estates PLC - London-based office space landlord - Completes 141 Wardour Street in London. The fully managed office building has about two thirds of its refurbished office space let or under offer, Great Portland Estates says, while the retail unit in the building, pre-let to clothing retailer Represent, has now opened. The building will generate GBP4.4 million in annual rent at an average of GBP277 per square foot, which is 14% ahead of estimated rental value. Total Flex leasing across the Great Portland Estates portfolio now will total GBP13.0 million in annual rent. The company's next fully managed London building, 170 Piccadilly, launches in September. Read More

Spectris interim revenue up and outlook affirmed after backing KKR bid

7th Aug 2025 11:42

(Alliance News) - Spectris PLC on Thursday said it expects annual profit in line with expectations, after a "robust" half-year. Read More

Epwin shares jump as board agrees GBP167 million takeover by Laumann

7th Aug 2025 11:21

(Alliance News) - Epwin Group PLC on Thursday said it has accepted a takeover bid from a UK subsidiary of Laumann Stiftung & Co KG, a Germany-based provider of construction product solutions and IT services. Read More

Just Group half year sales drop in "quieter" defined benefits market

7th Aug 2025 11:19

(Alliance News) - Just Group PLC on Thursday reported a decline in half year pension revenue reflecting lower defined benefit sales, a week after accepting a GBP2.4 billion bid from Brookfield Wealth Solutions Ltd. Read More

Irish annual inflation rate slows in July, unemployment rises

7th Aug 2025 11:14

(Alliance News) - Ireland's annual consumer price index inflation cooled in July while unemployment increased, data published by the Central Statistics Office showed Thursday. Read More

IN BRIEF: CRH launches new USD300 million share buyback

7th Aug 2025 11:09

CRH PLC - Dublin-based building materials company - Starts new share buyback worth up to USD300 million, starting Thursday and ending by November 5. It will be run by BNP Paribas Securities Corp. This follows a buyback of the same size conducted between May 6 and Monday this week, with 3.2 million shares repurchased for USD300 million. The total value of share buybacks since May 2018 is USD9.1 billion, CRH says. Read More

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