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Lastest Finance News

Vistry warns of first half loss as CEO's strategic shift gathers pace

8th Jul 2026 09:57

(Alliance News) - Vistry Group PLC on Wednesday said its chief financial officer is stepping down and forecast a first-half pretax loss as a review by its new boss continues. Read More

LONDON BROKER RATINGS: UBS cuts Man Group; JPMorgan cuts Dauch Corp

8th Jul 2026 09:25

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

Segro highlights untapped value as sets out earnings ambitions to 2030

8th Jul 2026 09:06

(Alliance News) - Segro PLC on Wednesday outlined financial targets and a pathway to "superior value creation" for shareholders as it seeks to ward off the interest of suitor Prologis Inc. Read More

Severn Trent escapes fine in UK wastewater probe as reduces spills

8th Jul 2026 09:05

(Alliance News) - Severn Trent PLC will face no financial penalty, despite "serious failings in its duties to deal effectively with wastewater and sewage", the company and the UK's water industry regulator said on Wednesday. Read More

LONDON MARKET OPEN: Oil surge hits stocks as US-Iran tensions flare

8th Jul 2026 09:02

(Alliance News) - Stock prices in London opened lower on Wednesday as renewed military escalation between the US and Iran lifted oil prices and unsettled investors, outweighing gains for energy stocks. Read More

UK PM Starmer urges "unity" at Nato summit again overshadowed by Trump

8th Jul 2026 08:37

(Alliance News) - UK Prime Minister Keir Starmer urged leaders to show "unity and strength" at the start of a Nato summit already overshadowed once again by Donald Trump. Read More

LONDON BRIEFING: Severn Trent spared fine; Vistry eyes interim loss

8th Jul 2026 07:58

(Alliance News) - IG Group proposes a new Jersey holding company while retaining its London listing, Vistry backs full-year profit guidance despite a first-half loss and the departure of its chief financial officer, and Jet2 launches a GBP250 million share buyback after reporting record annual revenue despite lower pretax profit. Read More

IN BRIEF: Hammerson redeploys Dublin assets to Ilac shopping centre

8th Jul 2026 07:48

Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres - Sells "non-core assets" for GBP69 million, including multiple holdings in central Dublin. Together with a disposal in Leeds in January, Hammerson says the new sales take total non-core divestment so far in 2026 to GBP75 million, which it says is at a premium to book value. The central Dublin holdings are sold to Transport Infrastructure Ireland for use for the Irish capital's planned Metrolink train system, Hammerson says. The proceeds will be recycled into existing assets and new opportunities, the company says, noting it recently completed the acquisition of the remaining 50% interest in the Ilac Centre, a shopping centre in central Dublin. Read More

Farage by-election bid may backfire as main UK parties won't contest

8th Jul 2026 06:50

(Alliance News) - Nigel Farage's attempt to fight a "people versus the establishment" by-election risks falling flat, with the major UK political parties saying they will not contest the vote he has triggered. Read More

LONDON MARKET EARLY CALL: FTSE 100 seen down as oil climbs

8th Jul 2026 06:49

(Alliance News) - Stocks in London are set to open slightly lower on Wednesday as investors digest an escalation in the Middle East, with oil prices climbing after fresh US strikes on Iran. Read More

PRESS: BHP workers at Port Hedland terminal to strike - Bloomberg

8th Jul 2026 05:10

(Alliance News) - BHP Group Ltd workers at the Port Hedland iron ore export terminal in Western Australia will go on strike for eight hours on July 16, Bloomberg reported Wednesday. Read More

IN BRIEF: Vietnam Enterprise says 10% tender offer oversubscribed

8th Jul 2026 01:42

Vietnam Enterprise Investments Ltd - Ho Chi Minh City, Vietnam-based investment fund - Says its tender offer for up to 10% of issued share capital was oversubscribed. Company says 96.3 million shares were validly tendered by the July 6 deadline, representing 70% of issued shares. Of those, 73.0 million shares were tendered under the cash exit option, while 23.3 million shares were tendered under the in specie option. Company adds that the tender price will be set at a 2.5% discount to adjusted net asset value as at the July 8 calculation date. Read More

IN BRIEF: Futura Medical disputes European Union patent revocation

8th Jul 2026 01:17

Futura Medical PLC - Guildford, England-based pharmaceutical company - Disputes the European Patent Office's decision to revoke Futura's MED3000 patent. "The company disagrees with the Opposition Division's decision, which it believes does not appropriately reflect fundamental principles of clinical research and development, and therefore intends to appeal the decision to the EPO Technical Board of Appeal," says the company. MED3000 is a topical erectile dysfunction treatment, sold under the brand name Eroxon. Futura notes that the patent protection remains in force while the appeal is pending. Furthermore, the EPO's decision does not directly affect Futura's other granted or pending patents, says the company. Read More

IN BRIEF: Enwell Energy says environment in Ukraine very challenging

7th Jul 2026 19:47

Enwell Energy PLC - Ukraine-focused oil and gas exploration and production company - Updates on its operational activities in Ukraine in respect of its Mekhediviska-Golotvshinska, Svyrydivske and Vasyschevskoye gas and condensate fields and Svystunivsko-Chervonolutskyi exploration licence. The MEX-GOL, SV and VAS production licences remain suspended and there was no production from those licences in the second quarter, nor at present. In general, explains that the operating environment in Ukraine remains very challenging and the company continues to be cautious and vigilant with its ongoing activities. Cash resources at June 30 are around USD89.7 million. In addition, Enwell says legal proceedings continue concerning the regulatory actions of the Ukrainian authorities. Read More

IN BRIEF: Petards subsidiary QRO Solutions wins GBP500,000 ANPR orders

7th Jul 2026 19:45

Petards Group PLC - Guildford, England-based security, communication and surveillance systems developer - Subsidiary QRO Solutions receives purchase orders totalling GBP500,000 for the provision of automatic number plate recognition equipment and support. The first order, for GBP400,000, is from an existing police force customer in the north of England and the first to be received under a previously announced four year framework contract. The second, worth GBP100,000, is for a new overseas customer and is for the supply of ANPR equipment that will form part of the Government of Gibraltar's recently announced enhanced border security measures. Both orders are scheduled to be delivered during the current financial year. Raschid Abdullah, chair, says: "We believe that these new contracts demonstrate the confidence that existing and new customers have in the ability of QRO's technologies to meet the exacting standards required for their high profile security and surveillance applications." Read More

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