(Alliance News) - The UK jobless rate increased in May, average weekly earnings eased and the number of job vacancies, in another sign that the labour market is cooling, data on Thursday showed. Read More
AFC Energy PLC - Cranleigh, England-based provider of hydrogen power-generation technologies - After the London market close on Wednesday, AFC launches an equity raise worth up to GBP25 million, as its new leadership focuses on commercialisation of its fuel cell generators and its Hy-5 containerised portable ammonia crackers. The share offer is priced at 10 pence each and will consist of a placing with institutional investors run by Peel Hunt, Zeus, RBC Capital Markets as brokers, a direct subscription of directors, and a retail offer via the RetailBook platform. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Thursday, ahead of a UK unemployment reading, and as eyes remain on the future of US Federal Reserve Chair Jerome Powell. Read More
(Alliance News) - Keir Starmer will host German chancellor Friedrich Merz on his first official visit to the UK on Thursday as the prime minister seeks to boost ties on defence and tackling people smuggling operations. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - NCC Group PLC on Wednesday said it is reviewing all options for the business including a possible takeover. Read More
(Alliance News) - Audioboom announced the acquisition of UK podcast firm Adelicious as it swung into profit at the half-year stage. Read More
(Alliance News) - Critical Metals PLC on Wednesday announced an investment by NIU Invest SE amid an "urgent need of capital" as it develops the Molulu copper and cobalt project in the Democratic Republic of Congo. Read More
Hydro Hotel Eastbourne PLC - Eastbourne, England-based hotel operator - Announces results for six months to April 30. Revenue climbs to GBP2.1 million from GBP2.0 million in the year prior. Overheads rise by 8% as repair costs increase by GBP45,944 in the period compared to a year ago due to repairs to the hotel's boiler flue, the replacement of windows and fire doors and other essential repair work. Gross profit rises 9% in the half despite costs increasing by 10%. Loss widens to GBP97,225 from GBP76,957. Read More
(Alliance News) - Coats Group PLC on Wednesday reported a growth in profit during the first half of its current financial year, and announced its proposed acquisition of insoles maker OrthoLite Holdings LLC. Read More
(Alliance News) - US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added he was not ruling it out. Read More
(Alliance News) - The FTSE 100 faded into the close to end lower on Wednesday after a White House official told Bloomberg News President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon. Read More
(Alliance News) - Itaconix PLC on Wednesday announced its renewal of a global supply agreement with Croda Inc for sustainable odour control. Read More
(Alliance News) - Cordel Group PLC on Wednesday said it expects to report a rise in revenue during its most recent financial year, following its warning in June of slow sales cycles hurting its topline growth. Read More
Wynnstay Properties PLC - London-based property investment and development company which owns and manages a portfolio of office, retail, warehouse and industrial properties - Agrees terms for two new open market lettings in its first quarter at higher rents than previously received, on units at its Liphook and Hailsham properties. Also completes the lease renewal of a unit at its Lichfield property, at a "substantially increased rent", 29% higher. Two further tenant break options have lapsed during the quarter, in addition to the nine break options reported for its previous financial year, which ended March 25, demonstrating "strong tenant retention within the portfolio". Notes that its portfolio remains fully let, and there are no material rent arrears in the first quarter. Read More