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Lastest Finance News

GSK lung cancer treatment data shows "positive anti-tumour activity"

19th Oct 2026 08:39

(Alliance News) - GSK PLC on Monday set out its first batch of global data for the risvutatug rezetecan drug. Read More

Volex expects top-end operating profit after "excellent" first half

19th Oct 2026 08:33

(Alliance News) - Volex PLC on Monday forecast first-half revenue growth of around 22%, although it cautioned that headline year-on-year growth rates have started to "normalise". Read More

IN BRIEF: Tesco launches GBP200 million share buyback tranche

19th Oct 2026 08:27

Tesco PLC - Welwyn Garden City, England-based grocer - Announces continuation of its existing share buyback programme, launching a third tranche worth up to GBP200 million through an arrangement with Morgan Stanley & Co International PLC. The move follows Tesco's October 8 announcement that it would extend the programme by up to GBP200 million, raising the maximum aggregate value to GBP950 million. The programme is expected to conclude by April 2027. Tesco says the sole purpose of the repurchases is to reduce its share capital. Read More

LondonMetric rental income rises 8% as property portfolio grows

19th Oct 2026 08:27

(Alliance News) - LondonMetric Property PLC on Monday reported strong rental income growth in the first half of its financial year, supported by acquisitions and leasing activity, as it reaffirmed its confidence in meeting full-year expectations. Read More

IN BRIEF: Pennpetro Energy signs heads of agreement with Icenergy

19th Oct 2026 08:24

Pennpetro Energy PLC - London-based energy project developer with interests in Ukraine, the US and Canada - Signs heads of agreement to buy Indigenous Canadian Energy Holdings Inc. The announcement follows Pennpetro's confirmation in September that Icenergy is its reverse takeover target. Pennpetro is to raise GBP20 million before expenses through a placing of new ordinary shares, with the proceeds expected to fund Icenergy's retail business, including construction of a wholly owned production plant. No placing commitments have been obtained. Read More

IN BRIEF: Primary Health Properties enters GBP700 million JV with GIC

19th Oct 2026 08:15

Primary Health Properties PLC - London-based healthcare facility investor - Enters into a conditional agreement to form a 50-50 strategic joint venture with Singapore sovereign wealth fund GIC Pte Ltd to invest in private hospital infrastructure. The joint venture will be seeded with 27 private hospitals from PHP's existing portfolio, valued at about GBP700 million. PHP expects to complete the transaction next month and receive net proceeds of about GBP500 million, which will be used to repay variable rate debt facilities. Notes that completion of the venture is conditional on the finalisation of a new secured club debt facility, where all key terms have been agreed with lenders and documentation is ongoing. All property and commercial due diligence has been completed, it says. Read More

IN BRIEF: Gemfields earns USD52 million from "robust" auction

19th Oct 2026 07:58

Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Generates USD52.0 million at an auction of rough rubies held this month, slightly down from USD53.0 million at the sale in February. Only two auctions have taken place this year. Rubies are extracted from Mozambique-based Montepuez Ruby Mining Ltda, in which Gemfields owns 75%. "The results achieved at this auction reflect robust demand across the range of sizes and qualities offered, with particularly strong prices for larger, fine-quality rubies," says Adrian Banks, Gemfields' managing director of product & sales. This underscores the premium customers place on these "exceptionally rare and precious rubies", Banks adds. Read More

LONDON BRIEFING: GSK hails "positive" data; Volex in record half-year

19th Oct 2026 07:57

(Alliance News) - LondonMetric reports growth in rental income over its first half, GSK posts promising results from a drug trial while Volex expects annual profit at the upper end of market forecasts. Meanwhile, Abenojar Tungsten, set to list later this month, could be worth more than GBP600 million. Read More

LONDON MARKET EARLY CALL: FTSE 100 to edge lower after New York slump

19th Oct 2026 06:57

(Alliance News) - Stocks in London are set to open slightly lower on Monday, after a sizeable rise last week, having shaken off worries hanging over the tech sector in New York. Read More

IN BRIEF: Roadside Real Estate shareholders sell 7%; CEO ups holding

19th Oct 2026 06:55

Roadside Real Estate PLC - Abingdon, England-based investor in roadside property such as petrol stations and convenience stores - Shareholders including Davina Dickson and James Dickson sell 12.8 million existing shares, a 7.2% stake, at 51.00 pence per share in a placing worth GBP6.5 million. The two Dicksons no longer have any stake in the company. Roadside Real Estate Chief Executive Officer Charles Dickson buys 5.5 million of the shares via Tarncourt Capital Ltd. CEO Dickson now is interested in 78.1 million Roadside Real Estate shares in total, a 43.8% stake, both directly and via Tarncourt. The overall concert party now includes only CEO Dickson and David Holdsworth and holds 50.04% in total. Read More

GBP3,575 jump in average price tag on British home in October

19th Oct 2026 06:04

(Alliance News) - The average price tag on a home jumped by more than GBP3,500 month-on-month in October, but the market is still price sensitive, with prices "virtually flat" compared with a year earlier, according to a property website. Read More

Repairing Brexit damage should be priority for UK PM – BCC boss

17th Oct 2026 10:07

(Alliance News) - Repairing the economic damage of Brexit should be the top priority for the prime minister, the boss of the British Chamber of Commerce said. Read More

TRADING UPDATES: Steppe Cement revenue rises; Tortilla fundraise

16th Oct 2026 22:39

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday, and not separately reported by Alliance News: Read More

EARNINGS AND TRADING: PHSC says Chair Young to step down at year-end

16th Oct 2026 18:31

(Alliance News) - The following is a round-up of earnings reports and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

LONDON MARKET CLOSE: FTSE forges ahead but banks stutter on tax threat

16th Oct 2026 17:02

(Alliance News) - The FTSE 100 made further strong gains on Friday as Bank of England Governor Andrew Bailey played down inflation fears, although banks missed out amid fears of a tax hit. Read More

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