LONDON BRIEFING: GSK in T-cell deal; Kier puts brakes on Property arm
(Alliance News) - GSK says it has struck a deal to acquire a promising T-cell asset, while Kier Group's annual profit beat consensus. Read More
(Alliance News) - GSK says it has struck a deal to acquire a promising T-cell asset, while Kier Group's annual profit beat consensus. Read More
(Alliance News) - The UK government will "heed the warnings" of artificial intelligence experts who have highlighted the risks the technology could pose, First Secretary Louise Haigh will say on Tuesday. Read More
(Alliance News) - The UK jobless rate was steady in the three months to July, defying expectations of an increase, according to numbers from the Office for National Statistics on Tuesday. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, after it was somewhat of an outlier on Monday, when it registered a rise despite artificial intelligence worries hanging over stocks. Read More
(Alliance News) - The UK government is planning to take over Speciality Steel UK in a move set to cost around GBP350 million, after a private sector bid failed to secure its backing. Read More
(Alliance News) - Andy Burnham has welcomed the new focus on the dangers artificial intelligence could pose to the world from the industry leaders developing the new technology, Downing Street said. Read More
Cornish Metals PLC - Mineral exploration and development company focused on the South Crofty tin project in Cornwall, UK - Names Juan Kemp as managing director of South Crofty, effective Monday. Kemp was previously chief executive officer of Petra Diamonds until May 2026. "The appointment strengthens the company's operational leadership as South Crofty progresses from construction towards operational readiness, with surface & underground development and workforce training progressing in parallel," company says. Read More
Burford Capital Ltd - litigation finance provider, which has offices in London and New York - Announces the planned private offering of USD300 million aggregate principal amount of senior secured notes due 2029 by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC. Intends to use the proceeds to redeem as soon as practicable following the closing of the offering the 6.250% senior notes due 2028 of Burford Capital Global Finance LLC. Read More
Glenveagh PLC - Kildare, Ireland-based housebuilder - Broker Jefferies International Ltd says Teleios Capital Partners LLC plans to sell around 20 million shares in Glenveagh, more than a quarter of its remaining stake, through a placing to institutional investors. Zug, Switzerland-based Teleios is a specialist investment manager and activist hedge fund and currently owns around 73.5 million shares in Glenveagh, about 14.6% of its share capital. The price per share will be determined by way of an accelerated bookbuilding process to be run by Jefferies. At Monday's closing share price the sale would be worth EUR48.2 million. Teleios grew its stake in Glenveagh to around 23% in early 2025, before steadily reducing its holding. In June 2025, Teleios sold 1.2 million shares, followed by a 4.5 million share sale in October of that year. In May, 2026, Teleios sold a further 12 million shares. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
RC365 Holding PLC - payment solutions and fintech company, which operates primarily in east and southeast Asia - Hires 'Lucas' Ka Ming Tang as chief financial officer, effective immediately, and the resignation of now-former CFO Esther Quah, also effective immediately. Also appoints 'Daisy' Qiuhong Liang to its board as an executive director. The new CFO "is a senior finance, corporate advisory and internal controls professional with experience in corporate restructuring, cross-border financial strategy and regulatory governance," RC365 says, with "experience developing and implementing internal-control frameworks for growing SaaS and information technology businesses serving the SME market in Hong Kong and Macao." Liang, meanwhile, "has supported clients across Hong Kong, mainland China, South Korea, Japan and the wider Asia-Pacific region" and "brings extensive experience in managing customer service operations, supporting regional clients and developing effective operational processes." Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The UK government announced plans on Monday to acquire the country's third-largest steelmaker, after taking temporary ownership of the group last year amid an industry downturn. Read More
(Alliance News) - Stock prices in London closed mixed on Monday, with Middle East tensions, AI slowdown fears and caution ahead of a flurry of central bank meetings keeping investors on their toes. Read More