UK borrowing in current fiscal year falling faster than expected - IFS
(Alliance News) - UK borrowing is expected to fall faster in the current fiscal year than anticipated, the Institute for Fiscal Studies said Friday. Read More
(Alliance News) - UK borrowing is expected to fall faster in the current fiscal year than anticipated, the Institute for Fiscal Studies said Friday. Read More
(Alliance News) - Segro PLC on Friday reported a decline in pretax profit for 2025, despite increased revenue, as lower valuation gains offset record rental income. Read More
(Alliance News) - Chrysalis Investments Ltd on Friday proposed to sell its entire portfolio and return proceeds to shareholders over the next three years. Read More
(Alliance News) - Chemring Group PLC on Friday said its order book grew slightly as it noted it was well positioned to benefit from rising defence spending across Nato and allied nations. Read More
Aterian PLC - minerals exploration and trading in Africa, including copper-silver projects in Morocco and Botswana and an exploration licence in Rwanda - Raises GBP250,000 from a subscription for 1.0 million new shares at 25 pence each by existing investors. The subscribers will receive warrants for 500,000 new shares at a strike price of 32.5 pence, exercisable over the next two years. Aterian also issues GBP100,000 in convertible bonds with the same exercise price of 32.5p on December 31, 2027. Until then, the bonds pay an annual interest rate of 12%. Aterian says the fresh funds will be used to expand its trading operations in Rwanda via subsidiary Eastinco Ltd, including an increase in throughput capacity and supplier aggregation. Read More
Coca-Cola Europacific Partners PLC - soft drinks bottler in over 30 markets including Australia, Germany, Great Britain and Spain - Clare Wardle, general counsel and company secretary, sells 12,000 shares at USD104.94, worth USD1.3 million, on Thursday. Veronique Vuillod, chief people & culture officer, sells 1,416 shares at USD105.48, worth USD149,360, also on Thursday. Read More
(Alliance News) - Smiths Group PLC on Friday said it has signed a binding agreement to sell its Smiths Detection division to CVC Capital Partners PLC in a deal valuing the business at GBP2.0 billion. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - AbbVie Inc and AstraZeneca PLC on Friday hailed a regulatory win for their joint cancer treatment programme. Read More
(Alliance News) - Blackrock Smaller Cos Trust PLC and Blackrock Throgmorton Trust PLC have agreed to a proposed merger, the companies announced Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Paris-based energy group EDF on Friday raised the budget for the long-delayed Hinkley Point C nuclear plant in Britain, saying construction costs were now estimated at GBP35 billion. Read More
(Alliance News) - Growth in both services and manufacturing sector activity in the UK was stronger than expected in February, which was however "another month of steep job losses", preliminary survey results published by S&P Global showed on Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Stock prices in London opened higher on Friday, after the Office for National Statistics reported substantial retail sales growth and a record public sector surplus. Read More