Average UK house prices forecast to jump GBP90,000 by 2029
24th Jul 2025 02:55
(Alliance News) - UK house price growth expectations have been reduced for this year amid wider global uncertainties, according to a forecast. Read More
(Alliance News) - UK house price growth expectations have been reduced for this year amid wider global uncertainties, according to a forecast. Read More
Union Jack Oil PLC - UK and US focused onshore hydrocarbon, production, development, exploration firm - Raises GBP2 million via a placing and subscription of 40 million shares at 5 pence each. Each placing and subscription share will have one warrant attached, exercisable at 8p for a period of two years. SP Angel Corporate Finance LLP and Zeus Capital Ltd act as joint brokers in relation to the placing. Union Jack plans to use the proceeds to fund three well drilling programme in Oklahoma at a cost of around USD3.0 million. Executive Chair David Bramhill says: "The board would like to thank those new investors and shareholders who have participated in the fundraise that will help deliver further growth for the company." Read More
Mobile Tornado Group PLC - Harrogate, England-based provider of resource management mobile solutions - Agrees with Holf Investments Ltd to an extension to the redemption date of the preference shares from the end of 2025 until on or before the end of 2026. Mobile Tornado currently owes Holf GBP12.6 million, consisting of GBP5.7 million of redeemable preference shares, GBP4.1 million of accrued preference share coupon and interest and GBP2.1 million of short-term borrowings. The extension will require a minor amendment to the company's articles of association and will therefore be subject to shareholder approval at the annual general meeting. Read More
Maven Income and Growth VCT 3 PLC - venture capital trust - Net asset value per share drops to 48.42 pence at May 31 from 51.44p a year prior. Describes performance as "resilient". "During the period under review, the macroeconomic outlook has been dominated by ongoing geopolitical tensions, whilst domestic growth prospects have remained subdued as the full extent of the Autumn 2024 Budget filters through the economy. Against this backdrop, your company has delivered a resilient performance, which helps to demonstrate the strength of the investment strategy and its ability to support long term growth in shareholder value," it says. Declares dividend of 2.00p per share, reflecting a decision to enhance the payout to 6% from 5% of NAV per share. Read More
Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Further to statement in June, announces the start of its GBP200 million share buyback programme. The programme will be run by Jefferies International Ltd and JP Morgan Securities PLC and is expected to end by March 31 2026. Read More
(Alliance News) - GSK PLC on Wednesday said the US Food & Drug Administration has extended the review period for Blenrep combinations in relapsed/refractory multiple myeloma after an advisory committee last week voted against the overall benefit/risk profile of the drug. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Monday, and not separately reported by Alliance News: Read More
(Alliance News) - PensionBee Group PLC on Wednesday reported continued progress with its invested customer ambitions as it posted a 21% increase in assets under administration. Read More
(Alliance News) - European stocks climbed on Wednesday, boosted by hopes of further progress in trade talks after the US struck a deal with Japan. Read More
(Alliance News) - The following is a round-up of updates and earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Herald Investment Trust PLC - aims for capital appreciation through investments in smaller quoted companies in technology and communications - Net asset value per share is 2,553.9 pence on June 30, up 2.6% from 2,488.2p on January 1. This compares to a 6.9% positive total return for the trust's UK comparison index and a 12% negative total return for its US comparison. Chair Andrew Joy says the increase in NAV would have been higher if not for the 9.7% appreciation in the pound against the dollar during the half-year, as US stocks account for 34% of the trust's portfolio. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Brunner Investment Trust PLC - invests in companies globally for growth and reliable dividends - Net asset value with debt at fair value on May 31, the end of the company's financial first half, is 1,425.2 pence per share, down 2.4% from 1,459.6p on November 30. Brunner pays a 12.5p dividend for the first half, up 5.9% from 11.8p a year before. NAV total return with debt at fair value is negative 1.5% for the half-year, though positive 13% over the 12 months from May 31, 2024. This compares to negative 0.1% and positive 14%, respectively, for the trust's benchmark, a 30%-70% weighting of UK and ex-UK stock indices. Read More
(Alliance News) - Caspian Sunrise PLC on Wednesday said it has received a further USD7 million payment relating to asset disposals worth a total of USD88 million. Read More
(Alliance News) - Sovereign Metals Ltd on Wednesday said it has completed major geotechnical field investigations at its Kasiya rutile-graphite project in Malawi, marking a significant milestone in its ongoing definitive feasibility study. Read More