(Alliance News) - The Bank of England on Wednesday said the Middle East war had caused "a substantial negative supply shock to the global economy", increasing risks to the financial system. Read More
(Alliance News) - Around 1.3 million more UK households are facing a jump in their mortgage costs following the economic "shock" caused by the conflict in the Middle East, the Bank of England has warned. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday as the Iran conflict continues, with Keir Starmer warning that the Iran war will "affect the future of our country" but insisting that the UK is "well-placed" to weather the storm. Read More
(Alliance News) - Billington Holdings PLC on Wednesday hailed new contract wins worth GBP50 million and guided full-year earnings in line with market consensus. Read More
AG Barr PLC - Cumbernauld, Scotland-based soft drinks maker under Irn-Bru, Rubicon and Boost brands - Chief Executive Officer Euan Sutherland buys 11,956 shares at 662.44 pence, worth GBP79,201, on Tuesday. Earlier Tuesday, AG Barr said pretax profit rose 18% to GBP62.6 million in the financial year that ended January 31 from GBP53.2 million the year before, as revenue increased 4.0% to GBP437.3 million from GBP420.4 million. Read More
(Alliance News) - IG Group Holdings PLC on Wednesday launched the first tranche of a new share buyback programme, announced last month. Read More
(Alliance News) - Invesco Bond Income Plus Ltd on Wednesday reported net asset value growth and raised its 2025 dividend, but pencilled in a flat payout for the new year, alongside naming its next chair. Read More
(Alliance News) - Britain will this week hold a meeting of about 35 countries to discuss how to reopen the strategic Strait of Hormuz which has been crippled by the Middle East war, Prime Minister Keir Starmer announced Wednesday. Read More
Berkeley Group Holdings PLC - Surrey, England-based housebuilder - Executive Chair Robert Perrins steps in to buy Berkeley shares, after an unscheduled trading sends them tumbling. Perris buys 7,000 shares at GBP28.78, worth GBP201,482, on Wednesday. Earlier Wednesday, Berkeley said it has decided to halt land buying amid a UK housing market downturn caused by the conflict in the Middle East. Berkeley also cited an "unprecedented" increase in cost and regulation in the UK in recent years, at a time of increasing interest rates and faltering consumer confidence. Read More
(Alliance News) - Keir Starmer has insisted Labour's manifesto red lines on closer relations with Europe remain, as he signalled the government will seek stronger ties with the EU in light of the Iran war's global impact. Read More
Jardine Matheson Holdings Ltd - Hong Kong-based holding company with interests in retail, property, hotels and motor dealerships - Chief Executive Lincoln Pan purchases 10,000 shares, at USD72.09, worth USD720,900, on Tuesday in Singapore. This follows his purchase on Friday of USD510,160 in shares. Pan has been buying shares since he became CEO at the beginning of December last year. Read More