Of course you are going to disappoint people as chancellor - Reeves
3rd Aug 2025 12:05
(Alliance News) - UK Chancellor Rachel Reeves admits Labour has "disappointed" people while in government. Read More
(Alliance News) - UK Chancellor Rachel Reeves admits Labour has "disappointed" people while in government. Read More
Spectris PLC - London-based provider of high-tech instruments, test equipment and software - Accepts improved offer from Advent International LP worth GBP41 per share, comprising GBP40.72 in cash and a 28 pence dividend. New bid values Spectris share capital at around GBP4.2 billion and implies an enterprise value of GBP4.8 billion. As a result, Spectris withdraws recommendation of GBP40 per share bid from Kohlberg Kravis Roberts & Co. LP. For its part, KKR says it is "considering its position and a further announcement will be made when appropriate." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The Financial Conduct Authority said it "will take time to digest the judgment" by the Supreme Court regarding motor finance. Read More
(Alliance News) - Blackrock Throgmorton Trust PLC on Friday said it faced a challenging first half of its financial year, underperforming its benchmark and grappling with persistent uncertainty over UK growth prospects. Read More
(Alliance News) - US pharmaceutical giant Pfizer Inc and German firm BioNTech SE lost Friday a court appeal in the latest step of a multi-million pound battle against US rival Moderna Inc over the Covid-19 vaccine. Read More
(Alliance News) - Lenders have avoided potentially having to pay compensation to millions of drivers after the UK Supreme Court ruled they are not liable for hidden commission payments in car finance schemes. Read More
(Alliance News) - The FTSE 100 sank on Friday after US President Donald Trump announced tariffs on dozens of trading partners, and weak US jobs data fuelled concerns as to the strength of the US economy. Read More
Marks Electrical Group PLC - Leicester, England-based electrical products retailer - Confirms the departure of Chief Financial Officer Josh Egan on Thursday. The firm says a process to appoint a full time successor is underway. Dipesh Mistry will continue as interim CFO until further notice. Read More
(Alliance News) - Renewable and non-renewable energy sources are not an "either-or", UK Chancellor Rachel Reeves has said after Donald Trump described North Sea oil as a "treasure chest". Read More
(Alliance News) - The Treasury has "got the balance right" on tax, Rachel Reeves said, as she faced questions about Labour calls to weigh up a wealth tax. Read More
(Alliance News) - Cel AI PLC on Friday reported plans to delist from London's Main Market and float on the Aquis Stock Exchange. Read More
Oxford Biomedica PLC - Oxford, England-based gene and cell therapy developer - Says it has a new loan facility with Oaktree Capital Management LP worth up to USD125 million over four years. Expects USD60 million upfront funding to be available when the deal closes. Plans to use this to repay an existing USD50 million loan from Oaktree. Notes that the loan includes option to draw down further USD25 million and additional USD40 million, subject to revenue targets. Says this increases flexibility to grow global contract development and manufacturing operations. Notes also that the loan will not amortise, with the full aggregate principal and outstanding amount due in 2029. Read More
(Alliance News) - Future PLC on Friday launched a new share buyback programme worth up to GBP55 million after completing a previous buyback. Read More