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Lastest Finance News

UK government launches trial of generative AI chatbot on Gov.UK

5th Nov 2024 09:19

(Alliance News) - The government has launched a new trial of an OpenAI-powered chatbot to help people find relevant information on the Gov.UK website. Read More

LONDON MARKET OPEN: FTSE 100 edges up as election day unfolds

5th Nov 2024 09:15

(Alliance News) - Stock prices in London opened mostly higher on Tuesday, following news of faster growth from China but amid a busy week of US election results and interest rate decisions. Read More

TOP NEWS: AB Foods hikes dividend 50% as Primark drives jump in profit

5th Nov 2024 08:56

(Alliance News) - Associated British Foods PLC on Tuesday launched a new GBP500 million share buyback and boosted its dividend, as annual profit leapt, with improvement in all parts of the fast fashion to food ingredients conglomerate. Read More

UK Tobacco & Vapes bill to be introduced in Parliament

5th Nov 2024 08:35

(Alliance News) - Proposed legislation aimed at creating the "first smoke-free generation" is set to be introduced in UK Parliament. Read More

LONDON BRIEFING: London stocks red while growth speeds up in China

5th Nov 2024 07:58

(Alliance News) - The FTSE 100 was called to open lower on Tuesday morning, while across the pond Americans are set to head for the polls in the extremely tight presidential election. Read More

IN BRIEF: Helium One completes farm-in agreement in Colorado

5th Nov 2024 07:34

Helium One Global Ltd - Tanzania-focused helium exploration company - Completes farm-in agreement with Blue Star Helium Ltd at the Galactica-Pegasus project in Las Animas County, Colorado, US. Helium One earns a 50% interest rate in the project from its USD1.5 million consideration payment and funding of the drilling of six development wells. Blue Star remains the project operator. Drilling is expected to start in the fourth quarter of 2024, with first helium production expected in the first quarter of 2025. Read More

Ireland service sector growth slows but stays strong in October

5th Nov 2024 07:19

(Alliance News) - Ireland's burgeoning services industry slipped back slightly last month, but overall private sector growth improved thanks to manufacturing, purchasing managers' index survey results from S&P Global showed on Tuesday. Read More

LONDON MARKET EARLY CALL: Stocks red with pre-PMI jitters

5th Nov 2024 06:57

(Alliance News) - Stocks in London are set to open lower on Tuesday, ahead of composite PMI reads from the US and UK - as well as comments from the Bank of England's Andrew Bailey. Read More

Alliance News UK - start of day

5th Nov 2024 06:30

(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

UK retail sales rise eases on pre-budget uncertainty, rising bills

5th Nov 2024 05:02

(Alliance News) - UK retail sales growth slowed in October, numbers from the British Retail Consortium and KPMG on Tuesday showed, with consumers tightening purse strings amid rising energy bills and pre-budget uncertainty. Read More

IN BRIEF: Tissue Regenix contacts firms as it considers possible sale

4th Nov 2024 18:21

Tissue Regenix Group PLC - Leeds, England-based regenerative medical devices company - In response to press reports, say that it is conducting a review of strategic options, which may include soliciting offers for Tissue Regenix. Accordingly, the firm has contacted a limited number of potential counterparties to assess whether they could put forward a proposal "that would deliver greater value to Tissue Regenix's shareholders than pursuing a standalone independent strategy". Says it has not received any indicative non-binding proposals to date, and says there can be no certainty any offer will be made. Read More

LONDON MARKET CLOSE: FTSE 100 makes tepid start ahead of pivotal week

4th Nov 2024 17:02

(Alliance News) - London's FTSE 100 clung onto modest gains on Monday, closing well below early highs, as investors eye the US election and central bank decisions this week. Read More

IN BRIEF: EnSilica announces new debt facility of up to GBP9 million

4th Nov 2024 16:39

EnSilica PLC - Oxfordshire, England-based chip maker of mixed signal application specific integrated circuits, or ASICs - Secures new debt facility to refinance its existing external loan facilities. Facility provides total funding of up to GBP9 million and extends to November 2029. "The facility has been agreed with Lloyds Bank Group PLC, providing the company with additional flexibility to underpin ongoing working capital commitments, and ensuring that EnSilica can fully capitalise on its existing new business pipeline," EnSilica adds. The financing includes a three-year GBP3 million repayment term loan facility and a five-year GBP3 million revolving credit facility with an accordion option for an additional GBP3 million. Read More

DIRECTOR DEALINGS: Drachs ups stake in Metals Exploration as CFO sells

4th Nov 2024 16:16

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More

Samarkand revenue down but profit up as shifts from China dependency

4th Nov 2024 15:48

(Alliance News) - E-commerce firm Samarkand Group PLC announced a decrease in revenue amid a restructuring in its China distribution operation, though profit rose as costs fell. Read More

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