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Lastest Finance News

abrdn European Logistics advances wind-down with German property sale

11th Jul 2025 10:20

(Alliance News) - abrdn European Logistics Income PLC on Friday said it has completed the sale of two German warehouses for EUR66.5 million as it continues to progress its managed wind-down. Read More

IN BRIEF: Kadoma Mining names Vast Resources chair as its own chair

11th Jul 2025 10:14

Kadoma Mining PLC - London-based gold miner in Africa - Hires Brian Moritz as its new chair. Moritz was previously chair of African Platinum PLC until its GBP300 million acquisition by Impala Platinum Holdings Ltd, and also was chair at Goldplat PLC. He currently serves as chair of Vast Resources PLC and non-executive director at Keras Resources PLC, where he also formerly served as chair. Read More

UK cash Isa limits set to be left untouched at next week's speech

11th Jul 2025 10:13

(Alliance News) - Cash individual savings accounts in the UK will be left untouched at next week's Mansion House speech, in a move that has been welcomed by savings experts. Read More

Solvonis Therapeutics raises GBP1.0 million for drug discovery scheme

11th Jul 2025 10:07

(Alliance News) - Solvonis Therapeutics PLC on Friday said it raised GBP1.0 million gross from subscriptions to new shares, and this will fund development of drugs treating addiction and other mental health disorders. Read More

Doric Nimrod Air Three plots liquidation after Emirates aircraft sale

11th Jul 2025 09:58

(Alliance News) - Doric Nimrod Air Three Ltd set out a timeline for liquidation on Friday after it agreed to sell four Airbus A380-861 aircraft to Emirates Group for GBP131.9 million. Read More

IN BRIEF: Petro Matad beats goal with GBP2.8 million equity raise

11th Jul 2025 09:55

Petro Matad Ltd - petroleum exploration, development and production in Mongolia - Raises GBP2.8 million from the placing and subscription of 355.4 million new shares at 0.80 pence. The raise was conducted via an accelerated bookbuild announced after the London market close on Thursday and run by Shore Capital Stockbrokers and Zeus Capital as joint bookrunners. The stock had closed at 1.15p. The raise beat Petro Matad's stated goal of a minimum raise of USD2.3 million, about GBP1.7 million. The company also aims to raise up to GBP500,000 more from an offer of 62.5 million new shares to retail investors at the same price. Read More

Polar Capital Technology net asset value up despite challenges

11th Jul 2025 09:47

(Alliance News) - Polar Capital Technology Trust PLC on Friday said it remained positive despite market volatility and a continuously weakening dollar. Read More

LONDON BROKER RATINGS: Jet2 raised to 'buy'; Investec cuts Pagegroup

11th Jul 2025 09:45

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

accesso shares drop as it sees 2025 revenue at low end of guidance

11th Jul 2025 09:39

(Alliance News) - accesso Technology Group PLC on Friday said revenue for 2025 is likely to come in at the lower end of guidance due to weaker-than-expected attendance at key venues during the first half of the year, though it maintained its full-year earnings margin forecast. Read More

Custodian Property hails GBP1.6 million sale at premium to valuation

11th Jul 2025 09:18

(Alliance News) - Custodian Property Income REIT PLC on Friday said it had sold one of its assets for GBP1.6 million, an 8% premium to the site's valuation at the end of March. Read More

UK trade deficit slims in May amid return to US export growth

11th Jul 2025 09:13

(Alliance News) - The UK trade deficit narrowed in May, as exports rose and imports were largely steady, numbers on Friday showed. Read More

LONDON MARKET OPEN: Europe makes slow start on tariff nerves

11th Jul 2025 08:56

(Alliance News) - Stock prices in Europe were lower early Friday, with the FTSE 100 suffering a marginal fall after achieving another record high. Read More

Tritax loses grip on Warehouse REIT as higher Blackstone bid beckons

11th Jul 2025 08:33

(Alliance News) - Warehouse REIT PLC on Friday reversed advice to shareholders, recommending they vote in favour of a takeover offer from Blackstone Inc, rather than Tritax Big Box REIT PLC. Read More

Flutter Entertainment takes control of FanDuel in USD1.76 billion deal

11th Jul 2025 08:30

(Alliance News) - Flutter Entertainment PLC on Thursday said it is buying Boyd Gaming Corp's 5% stake in FanDuel, giving it 100% ownership of the US gambling operator. Read More

BP lifts production guidance for second quarter, notes impairment hit

11th Jul 2025 08:20

(Alliance News) - BP PLC on Friday guided a pick-up in upstream output in the second quarter, but also expects results to be hit by weaker commodity prices and impairments. Read More

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