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Lastest Finance News

PRESS: Sycamore Partners eyes trade sale of Boots rather than IPO - FT

10th Jun 2026 10:34

(Alliance News) - Private equity firm Sycamore Partners LLC, the controlling shareholder of Boots, is considering selling the pharmacy chain rather than pursuing a public listing of it in London, the Financial Times reported on Wednesday. Read More

IN BRIEF: Defence Holdings shares jump on Oracle partnership

10th Jun 2026 10:32

Defence Holdings PLC - London-based defence technology group - Says it has partnered with Austin, Texas-based cloud technology company Oracle Corp, which will serve the "hyperscale cloud partner" to Defence's accelerator programme for defence and security technology firms. Defence says the tie-up will focus "on agentic AI, cognitive warfare, critical infrastructure protection, and autonomous systems". Also "expects the initial intake of the accelerator programme to focus significantly on companies operating within the Oracle defense ecosystem". Read More

WINNERS & LOSERS: WH Smith seeks capital, cuts outlook; Workspace down

10th Jun 2026 10:24

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More

Coastal Africa starts trading on AIM after largest IPO so far in 2026

10th Jun 2026 10:16

(Alliance News) - Coastal Africa Group Ltd started trading on the AIM market in London on Wednesday, becoming the largest company to debut on the junior market so far in 2026. Read More

Fuller, Smith & Turner boosts dividend and plans further share buyback

10th Jun 2026 10:06

(Alliance News) - Fuller, Smith & Turner PLC on Wednesday said it will extend its share buyback as it announced an improved property valuation and higher annual sales. Read More

Workspace swings to loss, cuts dividend as repositions business

10th Jun 2026 09:44

(Alliance News) - Workspace Group PLC on Wednesday outlined its plan to become an "earnings-focused business" as it cut its payout after swinging to a loss in financial 2026. Read More

LONDON BROKER RATINGS: Deutsche Bank Research raises easyJet to 'hold'

10th Jun 2026 09:31

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

WH Smith to raise around GBP100 million as cuts outlook amid weak US

10th Jun 2026 09:16

(Alliance News) - WH Smith PLC on Wednesday said it will raise funds to bolster its finances, as it lowered full-year profit guidance, once again, amid a downturn in trading. Read More

LONDON MARKET OPEN: FTSE 100 edges up as US, Iran trade blows

10th Jun 2026 09:11

(Alliance News) - Stock prices in London opened higher on Wednesday, despite tit-for-tat strikes between the US and Iran, while WH Smith shares plunged after it cut profit guidance and set out plans for a large capital raise. Read More

EnQuest agrees reverse takeover to double production in Malaysia

10th Jun 2026 09:05

(Alliance News) - EnQuest PLC on Wednesday said it has agreed to buy interests in four offshore production-sharing contracts in Malaysia via a reverse takeover, which would see its production more than double in size. Read More

Pennon swings to annual profit; new CEO Haslett vows "more work to do"

10th Jun 2026 09:03

(Alliance News) - Pennon Group PLC's new Chief Executive Officer Keith Haslett on Wednesday vowed to "rebuild trust with the customers and communities we serve," as the company announced a swing to an annual statutory pretax profit. Read More

Decision on Tritax Big Box Heathrow data centre delayed by one month

10th Jun 2026 09:01

(Alliance News) - Tritax Big Box REIT PLC on Wednesday noted a delay in receiving a UK government decision on its data centre plan. Read More

IN BRIEF: Vodafone agrees to put Greece operations into joint venture

10th Jun 2026 08:58

Vodafone Group PLC -Berkshire, England-based telecommunications provider - Agrees to form a 50-50 joint venture between Vodafone Panafon Hellenic Telecommunications Co SA and Athens-based Public Power Corp SA, comprising their respective fibre-to-the- home networks and wholesale fibres businesses in Greece. The proposed JV's fibre businesses currently cover more than 1.6 million homes in Greece. Vodafone says the joint venture would intend to provide wholesale open access to internet service providers in Greece. Formation of the joint venture is subject to the completion of due diligence, agreement on binding transaction documentation and is subject to regulatory approval. There is no certainty at this stage that a transaction will be agreed, Vodafone says. Read More

LONDON BRIEFING: WH Smith cuts profit guide, Workspace swings to loss

10th Jun 2026 07:59

(Alliance News) - WH Smith lowers its profit guidance for a second time, Workspace Group cuts its dividend and swings to a full-year loss while Vodafone agrees to form a fibre joint venture in Greece. Read More

IN BRIEF: Shuka Minerals hits another high-grade zone at Kabwe mine

10th Jun 2026 07:49

Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the third drill hole at the No. 2 ore body at the Kabwe zinc mine in Zambia. Says latest Kabwe drilling hits another high-grade zone. Shuka finished second drilling on Wednesday last week, and the first test took place late last month. Read More

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