LONDON MARKET EARLY CALL: London up as Reeves plans spending cuts
(Alliance News) - Stocks in London are set to open higher on Monday, following the announcement of UK plans to slash Civil Service spending by as much as GBP2 billion. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, following the announcement of UK plans to slash Civil Service spending by as much as GBP2 billion. Read More
(Alliance News) - Arrears on UK household bills have surged by 25% among those seeking debt advice as April bill hikes loom, a charity has warned. 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) - Irish government plans for tax cuts may have to be postponed due to the threat of a global trade war, the finance minister has said amid potential risks to tens of thousands of jobs. Read More
(Alliance News) - Rachel Reeves has denied that Labour is heading towards austerity as she confirmed plans to cut the UK Civil Service running costs by 15%. Read More
(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC may look to raise production in the US to counter a hit from tariffs, the Telegraph reported on Sunday. Read More
(Alliance News) - UK Chancellor Rachel Reeves has ruled out raising taxes in next week's spring statement. Read More
(Alliance News) - An investigation into the power outage caused by a substation fire that shut Heathrow Airport has been ordered after about 200,000 passengers were affected by the closure. Read More
(Alliance News) - Flights have begun landing at Heathrow as it aims to return to normal operation on Saturday after the airport was shut over a loss of power, with restrictions on overnight flights temporarily lifted. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Alternative Liquidity Fund Ltd on Friday reported a decline in net asset value in its half-year results, as it continues the managed wind-down of its illiquid portfolio and prepares for a potential liquidation in the second half of 2025. Read More
Malin Corp PLC - Dublin-based investor in life sciences companies - Announces results of tender offer, which closed on Thursday. Says the offer was oversubscribed to the maximum 14.6 million ordinary shares will be acquired for approximately EUR150 million in total. This represents around 77.1% of Malin's issued ordinary share capital as of Friday. Read More
(Alliance News) - Wildcat Petroleum PLC on Thursday said it has agreed to collaborate with the South African state-owned Strategic Fuel Fund Association. Read More
(Alliance News) - Mobile Streams PLC on Thursday said it has agreed to buy up to 90% of Capital Media Sports SA, the Mexican firm that owns major heritage sports media publication Estadio. Read More
Harena Resources PLC - rare earths exploration and development company focused on the Ampasindava ionic clay rare earth project in Madagascar - Citius Resources PLC announces the completion of its acquisition and reverse takeover of Harena. Completion includes the admission of its enlarged share capital of 413.9 million ordinary shares at an issue price of 3 pence each. Company will officially change its name to Harena once this has been processed by Companies House. Friday marks Harena's first day of trading under its new name. Harena, which has a 75% interest in Ampasindava, says near-term milestones include increasing that ownership; completing a feasibility study and environmental impact social assessment; and advancing negotiations for more offtake agreements. Read More