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Lastest Finance News

Currys lifts outlook and plans to resume dividend as sales increase

21st May 2025 09:44

(Alliance News) - Currys PLC on Wednesday slightly raised its annual profit outlook and confirmed that it will resume its dividend this year. Read More

Great Portland holds dividend as rental growth drives earnings

21st May 2025 09:33

(Alliance News) - Great Portland Estates PLC on Wednesday swung back into profit in its most recent financial year, boosted by rental growth, despite an often "extreme and unpredictable" backdrop. Read More

Hammerson completes Brent Cross acquisition; guides for income growth

21st May 2025 09:30

(Alliance News) - Hammerson PLC on Wednesday said it has now substantially completed its acquisition of Brent Cross shopping centre, and guides for double-digit income growth in 2025. Read More

RS Group annual profit falls, maintains confidence in growth targets

21st May 2025 09:22

(Alliance News) - RS Group PLC on Wednesday reported a fall in its annual profit and revenue, but said that it has "increased confidence" in its medium-term targets. Read More

Severn Trent ups payout; annual profit surges amid higher water bills

21st May 2025 09:16

(Alliance News) - Severn Trent PLC on Wednesday announced a higher dividend amid sharply higher profit, as it eyes further adjusted earnings and revenue growth. Read More

LONDON MARKET OPEN: Slow start in Europe; retailers struggle in London

21st May 2025 09:10

(Alliance News) - European stocks opened mixed on Wednesday, but the FTSE 100 managed a minor gain despite a stronger pound on the back of a red-hot UK inflation reading. Read More

M&S warns cyberattack may cost GBP300 million despite earnings rise

21st May 2025 09:05

(Alliance News) - Marks & Spencer Group PLC on Wednesday warned that the recent cyberattack that it suffered could reduce operating profit by around GBP300 million in the current financial year, even as the retailer reported a significant rise in annual earnings. Read More

JD Sports flags weak North American trading after mixed annual results

21st May 2025 08:58

(Alliance News) - JD Sports Fashion PLC on Wednesday said sales in North America fell sharply in "volatile" markets in the current financial year as it reported a drop in annual profit. Read More

SSE reports double-digit profit decline as price volatility weighs

21st May 2025 08:50

(Alliance News) - SSE PLC on Wednesday reported a decline in profit during its most recent financial year, as wider market uncertainty weighs on its top line. Read More

Central Asia Metals buys New World Resources for US copper project

21st May 2025 08:42

(Alliance News) - Central Asia Metals PLC on Wednesday said it has agreed to buy ASX-listed New World Resources Ltd for AUD185 million, about GBP88.8 million, bringing with it a 100% interest in the Antler copper project in the US state of Arizona. Read More

LONDON BRIEFING: M&S warns of GBP300 million hit from cyber chaos

21st May 2025 07:53

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, but the pound perked up following a hotter-than-expected UK inflation report. Read More

UK consumer price inflation rate tops forecast and picks up to 3.5%

21st May 2025 07:19

(Alliance News) - UK consumer price inflation was hotter-than-expected last month, spiking to the loftiest level since the start of last year, numbers from the Office for National Statistics showed Wednesday. Read More

IN BRIEF: Metals One stakes further 99 mining claims at Swales project

21st May 2025 06:53

Metals One PLC - London-based metal project developer - Formally stakes an additional 99 unpainted mining claims at the Swales gold property in Nevada, US, which enlarges the project footprint to around 2,780 acres within the "world-renowned" mining district, the Carlin Trend, with no additional lease payments. Read More

LONDON MARKET EARLY CALL: FTSE 100 to rise; pound up before UK data

21st May 2025 06:50

(Alliance News) - London's FTSE 100 is called to open slightly higher on Wednesday, ahead of a UK consumer price inflation report, while the pound perked up above the USD1.34 mark and could continue to climb should the data comes in hotter-than-expected. Read More

GBP5 billion welfare cuts needed to "save" system, UK's Kendall to say

21st May 2025 06:45

(Alliance News) - The UK Work & Pensions Secretary will stand firm on Labour's GBP5 billion plans for welfare cuts on Wednesday, arguing that reform is needed to make sure the system survives. Read More

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