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Lastest Finance News

Tariffs to have implications but UK banking system resilient — Reeves

8th Apr 2025 12:13

(Alliance News) - Rachel Reeves has said US tariffs will "continue to have huge implications" before insisting the Bank of England believes the UK banking system is "resilient". Read More

IN BRIEF: Cykel AI shares up as recruitment tool Lucy draws interest

8th Apr 2025 12:07

Cykel AI Development PLC - develops autonomous digital workers that use artificial intelligence to perform business tasks without human supervision - Says new recruitment tool, Lucy, gets "substantial early market engagement", with Cykel AI completing 200 product demonstrations since Lucy's release at the start of March. Lucy joins research analysis tool Samson and sales tool Eve in Cykel AI's stable of products that draw upon its proprietary TaskOS AI agent infrastructure. Cykel AI says it expects some early implementations of Lucy to convert into commercial contracts in the second quarter of 2025. "The robust level of market engagement we're experiencing validates our thesis that AI digital workers represent the next evolution in business process transformation," says Chief Executive Officer & Founder Ewan Collinge. Read More

Ramsdens shares rise as upgrades profit forecast on strong first-half

8th Apr 2025 11:57

(Alliance News) - Ramsdens Holdings PLC on Tuesday lifted its full-year profit guidance, boosted by positive momentum in the first half of its current financial year. Read More

LONDON MARKET MIDDAY: FTSE 100 up as stocks on "road to recovery"

8th Apr 2025 11:57

(Alliance News) - Stock prices in London were higher at midday on Tuesday, amid hopes of negotiations to lessen the impact of US President Donald Trump's tariffs. Read More

Staffline swings to profit in 2024 on market share gains, wage uplift

8th Apr 2025 11:55

(Alliance News) - Staffline Group PLC on Tuesday said it returned to profit in 2024 as revenue and market share grew, but it warned that higher interest rates and rising national insurance costs in the UK are weighing on business confidence in 2025. Read More

IN BRIEF: Chapel Down confirms former Fevertree executive as new CFO

8th Apr 2025 11:42

Chapel Down Group PLC - Kent, England-based maker of still and sparkling wine - Formally appoints Louan Mouton as chief financial officer from Tuesday, replacing Rob Smith. Mouton had joined Chapel Down on Monday last week. He previously was finance director for Fevertree Drinks PLC, where he was responsible for setting up its operations in the US. Most recently, Mouton was CFO of Typhoo Tea Ltd. At Chapel Down, he will work with James Pennefather, who joined as chief executive officer at the start of February. Read More

Dillistone Group swings to profit despite "challenging period"

8th Apr 2025 11:41

(Alliance News) - Dillistone Group PLC on Tuesday reported a "solid start" to 2025 trading as it posted a decline in revenue for 2024. Read More

Equals Group posts double-digit profit growth ahead of takeover

8th Apr 2025 11:27

(Alliance News) - Equals Group PLC on Tuesday reported a rise in profit for 2024 amid revenue growth, ahead of its planned takeover by a fintech consortium expected to complete in April. Read More

IN BRIEF: Helios Underwriting launches buyback as asset value up 13%

8th Apr 2025 11:24

Helios Underwriting PLC - investment vehicle that provides participation in the Lloyd's of London insurance market - Launches on Tuesday a share buyback worth up to GBP2 million. The repurchased shares will be held in treasury, where they will have no voting or dividend rights. Helios says its net asset value per share on December 31 is GBP2.14, after 6 pence in dividend payments, up 13% from GBP1.89 a year before. Total net assets are GBP152.6 million, up from GBP140.1 million. "The market conditions at Lloyd's remain strong and Helios' pipeline profitability from the portfolio underpins our confidence in the future performance of the business," says Executive Chair John Chambers. Read More

IN BRIEF: Gulf Marine Services shares rise as wins new contract

8th Apr 2025 11:23

Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Secures a contract for one of its large-class vessels in the Gulf Cooperation Council region. The contract spans 142 days and will see the vessel support "critical offshore operations" for the unnamed client. Gulf Marine Services adds: "The addition of this contract represents the company's fourth contract win or extension already this year, which reflects the strength of demand in the market for the company's vessels." Read More

Irish industrial production up 7.1% in three months to February - CSO

8th Apr 2025 11:14

(Alliance News) - Irish industrial production rose strongly in the three months to February, led by growth in the modern manufacturing sector, figures from the Central Statistics Office showed on Tuesday. Read More

Alliance Pharma loss narrows in 2024 due to reduced impairment charges

8th Apr 2025 10:56

(Alliance News) - Alliance Pharma PLC on Tuesday reported a narrowed loss for 2024 despite a decline in revenue, due to a reduction in impairment charges. Read More

Property Franchise lifts dividend as profit jumps on acquisitions

8th Apr 2025 10:56

(Alliance News) - Property Franchise Group PLC on Tuesday said it delivered "record" results in 2024 following two major acquisitions, as revenue more than doubled and lifted its dividend. Read More

SMALL-CAP WINNERS: Gulf Marine wins latest vessel contract

8th Apr 2025 10:55

(Alliance News) - The following stocks are leading risers among London Main Market small-caps on Tuesday. Read More

Impax Asset Management lowers profit forecast amid asset decline

8th Apr 2025 10:27

(Alliance News) - Impax Asset Management Group PLC on Tuesday said it now expects full-year profit to come in below market expectations, as its assets under management fell by over a quarter in the first three months of calendar 2025. Read More

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