(Alliance News) - HgCapital Trust PLC on Thursday reported "strong" trading during the first quarter of 2025 despite a decline in net asset value, as the firm looks to the future with optimism. Read More
FRP Advisory Group PLC - London-based business advisory firm - Expects to report revenue for the financial year to April 30 grew 19% to GBP152 million from GBP128.2 million, with underlying earnings before interest, tax, depreciation and amortisation up 11% to GBP41 million from GBP37.1 million. "The final quarter of the financial year saw a marked increase in macroeconomic volatility, driven predominantly by US announcements regarding global trade tariffs, impacting business confidence and causing delays in decision making. Several Corporate Finance projects extended their completion date into FY 2026," FRP adds. Read More
(Alliance News) - Bank of England Governor Andrew Bailey on Thursday welcomed the prospect of a UK trade agreement with the US, which he believes would help "reduce the level of uncertainty going forward". Read More
(Alliance News) - FD Technologies PLC on Thursday accepted a GBP570 million takeover offer from TA Associates Management LP, a day after talks between the two firms were revealed. Read More
(Alliance News) - Balfour Beatty PLC said trading so far this year has met its expectations, and that it continues to expect increased profit from operations this year. Read More
(Alliance News) - Derwent London PLC on Thursday said the central London office market "continues to see strong occupational demand," as it said GBP14.3 million of leasing and asset management transactions have completed or are under offer since the start of the year. Read More
(Alliance News) - Dowlais Group PLC on Thursday said it performed in line with management's expectations in the first quarter, and it expects full-year results to be towards the low end of its guidance range. Read More
(Alliance News) - The Bank of England on Thursday lowered interest rates, as expected, although the vote make-up was more hawkish than predicted. Read More
(Alliance News) - Morgan Advanced Materials PLC on Thursday in a statement ahead of its annual general meeting reported a decline in sales during the first quarter of 2025, as a result of wider economic uncertainty. Read More
(Alliance News) - Rathbones Group PLC on Thursday said funds under management & administration, inflows and other figures declined in the first quarter, which saw "considerable market turbulence". Read More
(Alliance News) - European equities traded higher on Thursday afternoon, in the wake of a Bank of England interest rate cut, and after the US president signalled a "full and comprehensive" trade deal with the UK. Read More
(Alliance News) - Helios Towers PLC on Thursday reaffirmed its outlook for the year despite macroeconomic uncertainty, as it posted higher revenue for the first quarter. Read More
(Alliance News) - S4 Capital PLC on Thursday reported a decrease in its first quarter revenue, on a "challenging" economic environment which has hit client spend. Read More