UK's Reeves urged to raise gambling taxes to fund end of child cap
(Alliance News) - Rachel Reeves is under growing pressure to raise taxes on gambling firms to cover the cost of lifting the two-child benefit cap. Read More
(Alliance News) - Rachel Reeves is under growing pressure to raise taxes on gambling firms to cover the cost of lifting the two-child benefit cap. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Real estate developer Dar Global PLC on Thursday reported a swing to half-year profit and a rise in its portfolio value thanks to new projects in Saudi Arabia. Read More
(Alliance News) - Shares in SSP Group PLC rose on Thursday after a report suggested an investor was trying to stir takeover interest in the firm. Read More
(Alliance News) - Mitchells & Butlers PLC on Thursday said it expects annual results to meet market expectations despite warning of GBP130 million in cost inflation next year. Read More
WAG Payment Solutions PLC - London-based firm known as Eurowag providing payments and mobility platform for the European commercial road transport industry - Bock Capital EU Luxembourg WAG Sarl, an affiliate of TA Associates Management LP, sells 61.0 million Eurowag shares at GBP0.92 each, worth GBP56.1 million, a little more than the GBP50 million offering announced after the London market close on Wednesday. The shares sold represent an 8.8% stake in Eurowag, reducing TA Associates' holding to 17.1% from 25.9%. The remaining shares are subject to a 90-day lock-up. Peel Hunt LLP ran the accelerated bookbuild for institutional investors as sole bookrunner. Eurowag will receive no proceeds as it was a sale of existing shares. Read More
(Alliance News) - IG Group Holdings PLC on Thursday backed guidance for higher annual revenue, despite first-quarter earnings declining on "a tough prior year comparative", according to IG. Read More
Savills PLC - London-based real estate services provider - Appoints Great Portland Estates PLC's current Chief Financial & Operating Officer Nick Sanderson as its finance chief, expecting him to join in Spring next year. Great Portland Estates is a London-based office space landlord. Sanderson succeeds Simon Shaw as CFO, Savills says, who is set to become chief executive on January 1 when CEO Mark Ridley retires. Great Portland Estates notes that Sanderson will remain in his role to enable an orderly transition, while the search for his replacement progresses. Great Portland Estates adds that a further update on Sanderson's departure date will be made in due course. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Target Healthcare REIT PLC on Thursday announced the disposal of nine UK care homes above carrying value, the completion of its debt refinancing, details on its acquisition pipeline and the appointment of a chief financial officer by its Investment Manager. Read More
Vistry Group PLC - Kent, England-based housebuilder - Secures a further grant award from Homes England, worth GBP50 million. Notes that this injection forms part of the GBP2 billion in additional grant funding announced back in March as part of the government's Spending Review. Begins allocating the capital toward the delivery of affordable housing schemes this year. Notes it has received GBP252 million in funding as a strategic partner under the 21-26 Affordable Homes Programme, with this allowing the delivery of a further 3,500 affordable homes in the UK. Read More
(Alliance News) - Shares in Petershill Partners PLC soared on Thursday as it announced plans to return funds to shareholders and delist its shares from the London Stock Exchange. Read More
(Alliance News) - Small British businesses are reluctant to invest due to a lack of confidence in the economy and fears of further tax hikes, leaving billions of pounds of untapped spending potential, Barclays has said. Read More
(Alliance News) - Future PLC on Thursday said it expects to meet market expectations for annual adjusted operating profit, amid domestic and international growth in direct digital advertising. Read More
(Alliance News) - European stocks opened lower on Thursday, as the recent gold price rally stalls and as investors look to this afternoon's economic growth reading in the US. Read More