(Alliance News) - Food inflation in the UK is expected to reach almost 4% by Christmas, and peak at 6.4% in July next year, as pressures from conflict and extreme weather reach supermarket shelves, the industry has warned. Read More
Headlam Group PLC - Coleshill, England-based floor coverings distributor - Appoints Will Wright, Chris Pole and Ryan Grant from Interpath Ltd as administrators on Tuesday, having first announced its intention to do so last week. Headlam says the administrators intend to keep the business trading while they restructure operations. Read More
(Alliance News) - Wizz Air Holdings PLC on Wednesday called for reforms to UK air traffic control, saying the main provider is currently "not fit for purpose" after a technical issue led to widespread flight cancellations. Read More
(Alliance News) - Irish police said Wednesday they were investigating a reported drone sighting, as the country's security capabilities come under scrutiny ahead of a visit by US President Donald Trump. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - Goodwin PLC on Wednesday confirmed the sale of a substantial part of its Mechanical Engineering division to an affiliate of New York-based Cerberus Capital Management LP. Read More
(Alliance News) - Victrex PLC shares jumped on Wednesday after the company lifted its annual guidance amid strong growth across the board. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(Alliance News) - Conduit Holdings Ltd on Tuesday said Christian Dunleavy will replace Neil Eckert as chief executive officer starting March 1 next year. Read More
Aberdeen Group PLC - Edinburgh-based wealth and asset manager - Aberdeen names Torbjorn Magnusson as its next chair, with the former boss of Nordic insurer Sampo the permanent replacement for Douglas Flint. Flint stood down after Aberdeen's April annual general meeting, and Jonathan Asquith has served as chair in the interim. Asquith will stay on as interim chair until Magnusson's appointment takes effect. Magnusson will become chair "following relevant regulatory approvals, and a further announcement will be made in due course", Aberdeen says. Magnusson has served as chair of Nordea Bank AB and Hastings Group, owner of UK insurer Hastings Direct. Read More
Kazera Global PLC - London-based mining investor, focused on early-stage assets in South Africa and Namibia - Raises GBP500,000 through a placing and subscription of 25.0 million shares at 2.0 pence each, with net proceeds of about GBP480,000. Following a temporary trading suspension for the fundraise from Thursday last week, Kazera shares resume trading in London on Wednesday morning. Additional to the equity raise, Non-Executive Chair Geoff Eyre will receive 1.3 million shares in satisfaction of GBP26,083 in accrued fees. The company says the proceeds will strengthen its balance sheet and support value-accretive investment opportunities, while development of its South African mining operations continues to be funded by South Africa AT Investments Pty Ltd. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in Europe were on the decline early on Wednesday, with another rise in the oil price hitting equity market sentiment and further stoking inflation worry before central banks move into focus in the coming days. Read More
(Alliance News) - The Bank of England has no "secret plan" to unconditionally increase interest rates, the governor of the central bank has said. Read More
(Alliance News) - The head of the UK's main air traffic control provider will face a grilling from the Transport Secretary on Wednesday as widespread disruption continues with hundreds of flights cancelled following a technical issue. Read More