UK Chancellor Rachel Reeves urged to cut windfall tax in budget
(Alliance News) - A trade union has urged the chancellor not to "sacrifice" oil and gas workers and ease the windfall tax at the budget this month. Read More
(Alliance News) - A trade union has urged the chancellor not to "sacrifice" oil and gas workers and ease the windfall tax at the budget this month. Read More
(Alliance News) - Bodycote PLC on Tuesday reported improving trading momentum across most of its end markets in the four months to October 31, although group revenue growth remained held back by ongoing plant closures under its restructuring programme. Read More
(Alliance News) - Softcat PLC on Tuesday reported "encouraging" progress in its financial first quarter, with growth broad-based across the business. Read More
(Alliance News) - FirstGroup PLC on Tuesday reported increased first half profit boosted by acquisitions, but cautioned the loss of the South Western Railway national rail contract will lead to "marginally" lower revenue in First Rail. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Greencore Group PLC on Tuesday posted a strong rise in annual earnings while it reported it has sold a Bristol site to secure regulatory backing for its takeover of Bakkavor Group PLC. Read More
(Alliance News) - Diploma PLC on Tuesday reported profit growth in its full-year results, driven by a high revenue in its Controls business. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Crest Nicholson Holdings PLC on Tuesday warned pretax profit will be at the bottom end of market expectations amid challenging trading ahead of the budget. Read More
LondonMetric Property PLC - London-based real estate investment trust focused on logistics, healthcare, convenience, entertainment and leisure properties - Spends GBP51.1 million to buy a logistics warehouse at East Midlands airport and a hotel at Manchester airport, both in England. The 450,000 square foot airside logistics facility is let to US delivery firm United Parcel Service Inc at a rent of GBP1.2 million per year. The Clayton hotel has 365 rooms and generates GBP1.1 million in annual rent. As well, LondonMetric sells five properties acquired as part of its takeover of Urban Logistics REIT. The urban warehouse and four industrial open storage centres are sold for GBP22.1 million. LondonMetric notes it now has sold eight Urban Logistics properties in total, having completed its acquisition of the former FTSE 250 listing for GBP698.9 million in June. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - ICG PLC on Tuesday said European asset manager Amundi SA will take a near 10% stake in the firm as it reported better-than-expected half-year results. Read More
(Alliance News) - The competition watchdog has opened investigations into StubHub, Viagogo, AA Driving School, BSM Driving School, Gold's Gym, Wayfair, Appliances Direct and Marks Electrical over their online pricing practices. Read More
(Alliance News) - Stock prices in Europe opened in the red on Tuesday, following sharp falls in Asia and as equities in New York struggled overnight, with the S&P 500 ending below a key level for the first time a number of months. Read More
(Alliance News) - Novo Holdings AS, a vehicle for the Novo Nordisk Foundation, sold its entire stake in Convatec Group PLC, raising GBP351 million, placing agent Goldman Sachs International said early Tuesday. Read More