(Alliance News) - Reckitt Benckiser Group PLC's sale of its portfolio of cleaning products could be at risk due to market turmoil, the Financial Times reported on Friday. Read More
(Alliance News) - UK Prime Minister Keir Starmer's ambassador in Washington has said he is "looking forward" to negotiating with the US to "bring down further tariffs". Read More
(Alliance News) - Donald Trump will stand firm on the blanket 10% tariff on most UK imports into the US, his press secretary has indicated, as the Prime Minister Keir Starmer declined to rule out the possibility of changes to tech taxes in a future trade deal. Read More
Tekmar Group PLC - Newton Aycliffe, England-based technology and services provider for global offshore energy markets - announces it has received the final deferred consideration payment of GBP0.5 million relating to the Subsea Innovation Ltd divestment to Unique Group for GBP1.9 million in May 2024. Read More
Pod Point Group Holdings PLC - London-based electric vehicle charging network operator - Interim Chief Financial Officer Mike Killick to take leave of absence due to ill-health with immediate effect. Mike will step down from the board of directors of Pod Point during this period of absence, company says. Pod Point says "robust cover" has been put in place to ensure continuity. Killick's duties will be covered by Michael Jay, deputy chief financial officer, who has worked at Pod Point for two years and held a number of senior finance roles in both public and private companies. Jay will be supported by other members of the leadership team along with Margaret Amos, chair of the Audit & Risk Committee. Read More
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Panmure Liberum Capital Ltd says sale of 1.9 million shares in BP Marsh by PSC UK Pty Ltd is completed. The shares, 5.2% of BP Marsh's issued share capital, are placed at 630 pence each. On completion, PSC holds just under 15% stake in BP Marsh. The remaining shares are subject to a 60-day lock-up. BP Marsh will not receive any proceeds from the placing. Read More
Genflow Biosciences PLC - London-based biotechnology firm, which has research facilities in Belgium - raises GBP500,000 via an allotment to Chief Executive Eric Leire of 62.5 million shares at 0.8 pence each. The net proceeds will be used to advance a proof-of-concept trial evaluating the safety and efficacy of its therapeutic candidate in aged dogs, potentially being also a key translational model for age-related conditions in humans. On allotment, Leire agrees to sell these shares at the same price to an already identified purchaser. Leire says: "This investment, without applying any discount, is a strong vote of confidence in our science." He adds: "With this support, we are well-positioned to accelerate our research and bring us closer to delivering impactful solutions to patients." Read More
(Alliance News) - Banco Santander SA rejected a bid worth about GBP11 billion for its UK retail bank from NatWest Group PLC earlier this year after the Spanish lender said the offer was too low, the Financial Times reported on Friday. Read More
(Alliance News) - UK Prime Minister Keir Starmer has declined to rule out changes to taxes on tech giants as part of a future trade deal with the US. Read More
(Alliance News) - Marula Mining PLC on Friday said it has completed wet commissioning of the Kilifi manganese processing plant in Kenya. Read More
(Corrects share prices of International Consolidated Airlines and LondonMetric at market close) Read More
(Alliance News) - Stock prices in London closed in the green on Friday, as investors continue to digest the new US-UK trade deal and look to talks starting this weekend between the US and China. Read More
Next PLC - Leicester-based clothing and homeware retailer - Chief Executive Simon Wolfson sells 100,000 shares at 12,362.49 pence each on Thursday. Worth around GBP12.4 million. Read More
(Alliance News) - Belluscura PLC on Friday said it is initiating a strategic review to "strengthen its capital position" in a bid to generate sufficient working capital. Read More
(Alliance News) - London Security PLC on Friday reported lower profit in 2024 and said the markets it operates in could be entering a period of low growth. Read More