(Alliance News) - A ban on landlords in the UK evicting their tenants without reason will come into force in just over six months' time, ministers have announced. Read More
(Alliance News) - Stocks in London are set to open lower on Friday, as a global sell-off weighs on sentiment and attention turns to UK Chancellor Rachel Reeves's reportedly ditching plans to hike income tax upcoming budget. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
BHP Group Ltd - Melbourne, Australia-based diversified miner - Rolls out Australia's first brand new purpose-built battery-electric locomotives in the Port Hedland. The two BELs, developed with Pittsburgh, Pennsylvania-based Westinghouse Air Brake Technologies Corp, will be trialled on one of BHP's iron ore rail routes between its Pilbara mines and Port Hedland operations. Each locomotive houses a seven megawatt hour battery and uses regenerative braking to recapture energy on downhill runs. BHP says it supports the company's efforts to cut Scope 1 and 2 emissions across its iron ore rail network. Commissioning is underway ahead of track trials to test performance in live operations. Read More
EnSilica PLC - Oxford, England-based computer chip maker - Receives GBP5 million "Contract for Innovation" from the UK government's Department for Science, Innovation & Technology following a competitive process. The commercial-off-the-shelf Capability Hardware Enhanced RISC Instructions compliant secure processor chip developed under the contract will target next-generation of quantum resilient applications. The contract will be phased over two stages. Stage one sees GBP1.5 million specification and prototype development to be completed by March 2026. Stage 2 sees GBP3.5 million verification, silicon implementation and productisation, concluding by March 2028. The contract will cover the direct cost of development from specification to productisation. The contract will be gated against a break clause subject to continuation of funding for stage 2. Read More
(Alliance News) - Imaging Biometrics Ltd on Thursday noted the use of its Functional Tumor Burden mapping technology in a glioblastoma clinical trial at Cooper University's MD Anderson Cancer Center. Read More
Bridgepoint Group PLC - London-based private equity firm - Burgundy C Nominees Ltd announces the sale of around 24 million shares in Bridgepoint on behalf of a group of current and former Bridgepoint employees through a placing to institutional investors. The shares represent around 3% of the company's share capital. The number of placing shares and the price will be determined through a bookbuild process. BNP Paribas is acting as sole bookrunner in connection with the placing. At Thursday's closing price shares are worth around GBP70 million. Read More
GenIP PLC - London-based generative AI services provider - Performance strengthens "markedly" in the second half, as anticipated. Since June 30, revenue accelerates as prepaid orders for AI-powered analytical assessments are delivered to clients. Revenue is USD408,000 in the 10 months to October, 31, up from USD126,000 in the first half of 2025. Gross margin in the period improves to 27% from 18%. GenIP says it is continuing to work on further increasing gross margins through new contracts and strategic partnerships. Chief Executive Officer Melissa Cruz highlights the launch of Invention Validator, the signing of strategic partnerships with technology parks and venture studios, its expanded leadership in talent services and its appointment as Chile's official Green Tech transfer partner. Read More
Old Mutual Ltd - Anglo-South African financial services firm - Appoints Soul Abraham as chief executive officer-designate of Old Mutual Insure, its wholly owned subsidiary. Names Ranen Thakurdin as group chief risk officer. Says both executives will serve as members of its executive committee. Abraham is chief executive of retail insurance at Old Mutual Insure. He will take over from Charles Nortje from April 1, 2026 and will become CEO-designate from January 1. Nortje will retire on December 31, 2026. Thakurdin is chief accountant, reporting to the Chief Financial Officer Casper Troskie. Read More
(Alliance News) - DSW Capital PLC on Thursday said trading remained resilient and in line with management expectations throughout the six month period to the end of September. Read More
(Alliance News) - Safestay PLC on Thursday said challenging trading conditions have persisted, and the company reported that "various strategic options", including an equity fundraise, are in consideration. Read More
(Alliance News) - The FTSE 100 on Thursday fell back from recent record highs weighed by soft economic data, mixed earnings and a batch of index heavyweights going ex-dividend. Read More
(Alliance News) - Lords Group Trading PLC shares dived on Thursday as it said the UK construction market has been "more challenging" since the late summer due to uncertainty ahead of the government budget later this month. Read More
(Alliance News) - Ibstock PLC on Thursday said it has refinanced its GBP125 million revolving credit facility with improved pricing. Read More
(Alliance News) - ICG Enterprise Trust PLC on Thursday announced the realisation of its investment in David Lloyd. Read More