(Alliance News) - Chapel Down Group PLC on Wednesday said it plans to raise around GBP6.0 million to fund a new soft pressing facility at the company's Tenterden winery. Read More
(Alliance News) - Braemar PLC on Wednesday backed full-year guidance as it reported sales growth across its three main businesses in the first half of the financial year. Read More
International Public Partnerships Ltd - London-based infrastructure investor - Announces that BeNEX GmbH has been awarded a new concession, which is for Rhein-Ruhr-Express, Teilnetz B, alias RRX-B. The operation of RRX-B will be through a subsidiary of BeNEX and will require a further investment of around EUR26 million from INPP from 2027 to 2031, with the majority of funding required towards the end of the period. "This investment will expand BeNEX's regional rail activities in Germany with a complementary network in the German federal states of North Rhine-Westphalia and Lower Saxony, comprising operations of up to 5.1 million train kilometres per year to be operated over 15 years," INPP says. The acquisition is expected to generate an "attractive" internal rate of return in the low to mid-teens, in excess of that implied by a share buyback. INPP since 2019 fully owns BeNEX, a German regional rail business based in Hamburg. Read More
(Alliance News) - UK Culture Secretary Lisa Nandy on Wednesday formally intervened in Sky UK Ltd's proposed takeover of ITV M&E Holdings Ltd, ITV PLC's media and entertainment arm. Read More
(Alliance News) - The UK's competition watchdog said it has decided to scrap 23 outdated restrictions in a bid to cut red tape for thousands of businesses across different industries. Read More
(Alliance News) - The public will expect the UK government to grab "with both hands" the opportunity to boost economic growth through closer trade ties with the EU, Prime Minister Andy Burnham has said. Read More
(Alliance News) - Smiths News PLC on Wednesday celebrated contract wins but reported a decline in annual profit. Read More
(Alliance News) - Lion Finance Group PLC on Wednesday reported improved third quarter profit and it upped its payout. Read More
(Alliance News) - Axies Ventures PLC on Wednesday began trading on London's AIM market. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, with banking stocks rallying, while investors digested a sweeping Democratic victory in the US midterm elections and economic data showing accelerating inflation in the eurozone. Read More
(Alliance News) - Lancashire Holdings PLC on Wednesday said it remained on track to deliver a return on equity in the high teens for 2026, leaving the group well positioned for next year. Read More
(Alliance News) - Shares in Weir PLC fell on Wednesday morning in London, after the engineering firm said orders fell in one of its business lines and warned about short-term headwinds against its financial performance. Read More