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Lastest Finance News

UK PM may expand pensioner eligibility for winter fuel allowance

21st May 2025 13:18

(Alliance News) - Keir Starmer has said the government wants to make more pensioners eligible for winter fuel payments. Read More

IN BRIEF: Faron Pharmaceuticals appoints new chief business officer

21st May 2025 12:41

Faron Pharmaceuticals Ltd - Turku, Finland-based developer of cancer immunotherapies - Appoints Ralph Hughes as chief business officer, effective from next Wednesday. Notes Hughes' prior experience as senior vice president at PharmaVentures, and his extensive experience in commercial due diligence, market access and the business development process. Adds that he will be part of the management team and the business development team. "We are delighted to have such an experienced pharmaceutical market access and strategic commercial development expert to join us as the new CBO", says Chief Executive Juho Jalkanen. "Ralph's proven track record in biopharma leadership and his experience align perfectly with our corporate development efforts and strategic growth initiatives." Read More

CORRECT: Foresight Solar says generation ahead of forecasts for 2025

21st May 2025 12:29

(Correcting value of share buyback programme to GBP50 million.) Read More

UPDATE: Kendall says UK welfare reforms will address "economic crisis"

21st May 2025 12:28

(Alliance News) - Liz Kendall has insisted she will press ahead with measures to cut the welfare bill amid Labour pressure on UK Prime Minister Keir Starmer to change course over the squeeze on benefits and pensioners' winter fuel payments. Read More

UK government says broadly supports blending hydrogen in gas supply

21st May 2025 12:20

(Alliance News) - The UK government is broadly supportive of blending hydrogen into the gas network and is actively considering the matter, energy minister Michael Shanks has said. Read More

Third Point Investors targets reinsurance firm after strategy review

21st May 2025 12:15

(Alliance News) - Third Point Investors Ltd on Wednesday proposed an acquisition of Cayman-Islands-based annuity reinsurer, Malibu Life Reinsurance SPC, as it looks to solve the "structural headwinds" impacting the investment trust sector. Read More

Pantheon Resources shares dive as suspends Megrez-1 after flow test

21st May 2025 12:12

(Alliance News) - Pantheon Resources PLC on Wednesday said it has suspended its Megrez-1 well in Alaska, after completing a "disappointing" flow testing programme. Read More

LONDON MARKET MIDDAY: Stocks down but pound hits over three-year high

21st May 2025 12:09

(Alliance News) - European stocks were on the back foot heading into Wednesday afternoon, while sterling hit its best level in over three years after a loftier than forecast UK inflation reading. Read More

"Record" 81 criminal investigations into UK water sector

21st May 2025 12:02

(Alliance News) - A "record" 81 criminal investigations into environmental breaches by water firms have been launched as the UK government attempts to show it is getting to grips with the troubled sector. Read More

Mortgage Advice Bureau says increased mortgage activity is continuing

21st May 2025 11:50

(Alliance News) - Mortgage Advice Bureau Holdings PLC on Wednesday said increased mortgage activity has continued into 2025, with the cost of borrowing and mortgage rates lower amid reduced interest rates. Read More

Foresight Solar Fund says generation ahead of forecasts for 2025

21st May 2025 11:49

(Alliance News) - Foresight Solar Fund Ltd on Wednesday said its electricity production in the UK was ahead of its budget at the start of 2025 due to strong irradiation. Read More

Avon Technologies swung to profit in first half, eyes full-year growth

21st May 2025 11:47

(Alliance News) - Avon Technologies PLC on Wednesday reported a swing to pretax profit and a rise in revenue in its first half. Read More

MultiChoice takeover by Canal+ gets nod from South African regulator

21st May 2025 11:43

(Alliance News) - MultiChoice Group Ltd on Wednesday announced a positive opinion from South Africa's competition regulator on its proposed acquisition by Canal+ SA. Read More

Essentra reports revenue decline but remains optimistic

21st May 2025 11:40

(Alliance News) - Essentra PLC on Wednesday said 2025 revenue to date has declined against 2024 sales, but remains confident in growth over the medium-term. Read More

Edinburgh Investment Trust NAV return underperforms benchmark index

21st May 2025 11:14

(Alliance News) - Edinburgh Investment Trust PLC on Wednesday drew attention to "significant challenges" facing the investment trust sector, as it noted an "encouraging" UK equity market performance in financial 2025. Read More

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