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Lastest Finance News

Reforms aim to tackle injustices in leasehold system in England, Wales

17th Jul 2024 13:43

(Alliance News) - Further moves to "bring the feudal system of leasehold to an end" have been set out. Read More

UPDATE: Helical celebrates rental growth, strong leasing market

17th Jul 2024 12:32

Helical PLC - London-focused property developer - Says leasing market for "best-in-class" office developments and major refurbishments continued to be strong and demonstrated continued rental growth, for the period from April 1 to Tuesday. "Our pipeline of new developments being delivered into a supply constrained market should enable Helical to deliver surpluses over a sustained period," says outgoing Chief Executive Officer Gerald Kaye. The company adds that initial facilitating works have started at 10 King William Street prior to the acquisition set for October by Places for London Joint Venture with Transport for London. "Design work is continuing to enhance the new eight-storey office development, including modifications to the reception, mezzanine and seventh floors to create additional amenity as well as improve the cycle arrival experience and transform Abchurch Lane into a shared space," Helical says. Read More

IN BRIEF: Helical celebrates rental growth, strong leasing market

17th Jul 2024 12:30

Helical PLC - London-focused property developer - Says leasing market for "best-in-class" office developments and major refurbishments continued to be strong and demonstrated continued rental growth, for the period from April 1 to Tuesday. "Our pipeline of new developments being delivered into a supply constrained market should enable Helical to deliver surpluses over a sustained period," says outgoing Chief Executive Officer Gerald Kaye. The company adds that initial facilitating works have started on Places for London joint venture's acquisition of the site at 10 King William Street. The joint venture is with Transport for London. "Design work is continuing to enhance the new eight-storey office development, including modifications to the reception, mezzanine and seventh floors to create additional amenity as well as improve the cycle arrival experience and transform Abchurch Lane into a shared space," Helical says. Read More

New UK government vows to "reset" relations with Europe

17th Jul 2024 12:21

(Alliance News) - The UK's new Labour government promised Wednesday to "reset" relations with Europe, as it bids to draw a line under years of fractious ties following Brexit under previous Conservative administrations. Read More

Cohort lifts dividend as geopolitical tension helps move profit up 42%

17th Jul 2024 12:20

(Alliance News) - Cohort PLC on Wednesday reported double-digit growth and said its order book provides long term revenue visibility. Read More

UK pushes ahead with creation of expert body to oversee skills needs

17th Jul 2024 12:18

(Alliance News) - A new body will bring together businesses, training providers and unions with central and local government to oversee the skills needed for the economy. Read More

UK government pledges to strengthen cybersecurity, boost data services

17th Jul 2024 12:16

(Alliance News) - The government has pledged to strengthen the UK's cybersecurity and resilience, as well as take greater advantage of data to boost economic growth, through new bills announced in the King's Speech. Read More

UK bills to overhaul rail and bus services in King's Speech

17th Jul 2024 12:15

(Alliance News) - Legislation to overhaul Britain's railways and England's buses was included in the King's Speech. Read More

Labour powers ahead with plans to turn UK to "clean energy superpower"

17th Jul 2024 12:13

(Alliance News) - Labour's plans to turn the UK into a "clean energy superpower" are set out in the King's Speech, with bills to fund and support the development of renewables. Read More

UK to "give greater renter protections and end no-fault evictions"

17th Jul 2024 12:11

(Alliance News) - The UK Labour party will "take action where the previous Government has failed" on protections for renters – including ending no-fault evictions. Read More

UK boosts economic watchdog to prevent repeat of Truss mini-budget

17th Jul 2024 12:09

(Alliance News) - UK ministers will be forced to consult the official watchdog before making major tax and spending changes, in a new bill designed to avoid a rerun of Liz Truss's 2022 mini-budget which spooked investors and sparked a run on the pound. Read More

UK revives plans to phase out smoking with Tobacco & Vapes bill

17th Jul 2024 12:04

(Alliance News) - The UK Labour party has revived plans to phase out smoking and impose restrictions on the sale and marketing of vapes to children. Read More

K3 Business Technology names Kestrel Partners rep as new chair

17th Jul 2024 12:03

(Alliance News) - K3 Business Technology Group PLC on Wednesday reported a slightly narrowed interim loss and said the board representative of its largest shareholder will take over as non-executive chair. Read More

LONDON MARKET MIDDAY: Stocks red as inflation dampens rate cut hopes

17th Jul 2024 12:02

(Alliance News) - Stock prices in London were downbeat at midday, with the FTSE 100 barely in the green after underwhelming local data dampened hopes of a near-term interest rate cut from the Bank of England. Read More

New regulations in UK amid aim to answer public anger over water firms

17th Jul 2024 12:01

(Alliance News) - The UK government is bringing in measures to strengthen regulation of the water industry as it attempts to answer public anger over sewage polluting rivers, lakes and seas. Read More

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