Thames Water swings to profit but debt swells to GBP20 billion
15th Jul 2026 07:59
(Alliance News) - Troubled Thames Water has revealed it swung to an annual profit but saw its debt mountain balloon close to GBP20 billion. Read More
(Alliance News) - Troubled Thames Water has revealed it swung to an annual profit but saw its debt mountain balloon close to GBP20 billion. Read More
(Alliance News) - Supermarket Income REIT PLC announced on Wednesday it plans to raise about GBP100 million through an equity issue to fund several acquisitions. Read More
Poolbeg Pharma PLC - London-based biopharmaceutical firm focused on cancer immunotherapy - Raises GBP3.5 million from a placing of 58.3 million new shares at 6 pence each. The placing price is a discount of 16% from the stock's closing market price on Monday. The funds will be used to fund two drug trials through to completion, extending Poolbeg's cash runway into the second quarter of 2028. The share placing is run by broker Oak Securities. "This successful fundraise is a great market endorsement of Poolbeg, our strategy and pipeline," says Chief Executive Officer Jeremny Skillington. "Not only does it extend our expected cash runway into Q2 2028, but it strengthens the company's position in ongoing partnering discussions." Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday as renewed US military action against Iran lifted oil prices further, while investors digested a fresh batch of Chinese economic data. Read More
(Alliance News) - The UK has "no alliance" more important than its relationship with the EU, Rachel Reeves said in what is likely to be her final major speech as chancellor. Read More
(Alliance News) - The UK government said Tuesday it will introduce an overnight social media curfew for children aged 16 and 17, after Prime Minister Keir Starmer last month announced an under-16 social media ban. Read More
Trekor Metals Ltd - North America-focused copper producer formerly known as Taseko Mines - Says in the second quarter of 2026, at its Gibraltar mine in British Columbia in Canada, it produced 30.3 million pounds of copper and 559,000 pounds of molybdenum. Copper sales from Gibraltar totalled 32.2 million pounds. At Florence Copper in Arizona meanwhile, Trekor says the production ramp-up advanced smoothly in recent months, with a total of 5.2 million pounds of copper cathode produced in the second quarter. The firm says: "With the wellfield and solvent extraction/electrowinning plant operating steady-state, the first new production wells were integrated into the system in early June, resulting in higher pregnant leach solution grades and increased copper production for the month. Read More
(Alliance News) - Polar Capital Global Financials Trust PLC on Tuesday said it beat its benchmark in its financial half-year, as brokerage businesses and the performance of European banks contributed positively. Read More
(Alliance News) - The FTSE 100 shrugged off a weak start to close higher on Tuesday as soft US inflation figures helped offset jitters caused by soaring oil prices. Read More
Aminex PLC - oil and gas company with operations in Tanzania - Says ARA Petroleum Tanzania Ltd, the operator of the Ruvuma production sharing contract and the Ntorya development, is requesting amendments to the 2026 work programme and budget, including "a significant reduction in the 2026 work programme & budget that will result in a delay to the production of first gas and the drilling of the Chikumbi-1 well." That follows a change of management at ARA Petroleum LLC, and a technical appraisal of the Ntorya development. Aminex says the proposals have not been approved by it nor by Tanzania Petroleum Development Corp, alias TPDC, which was also requested to accept the amendments. Read More
(Alliance News) - More than GBP15 billion will be spent transforming Faslane over the next decade, the UK government has announced. Read More
(Alliance News) - Celebrus Technologies PLC on Tuesday reported increased annual recurring revenue and raised its total dividend, but swung to a pretax loss. Read More
Bytes Technology Group PLC - Surrey, England-based provider of enterprise software, including for cyber security and workforce productivity - Chief Executive Officer Sam Mudd buys 25,000 shares at 413.09 pence and Non-Executive Director Gavin Rochussen buys 100,000 shares at 415.79p, together worth GBP519,062, on Monday. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - BRCK Group PLC on Tuesday reported single-digit revenue growth, but a double-digit decline in profit, in light of "significant headwinds for the entire construction sector". Read More