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Lastest Finance News

Breedon CFO James Brotherton to replace Rob Wood as CEO in 2027

1st Oct 2026 10:17

(Alliance News) - Breedon Group PLC on Thursday said current Chief Financial Officer James Brotherton will be appointed chief executive officer at the beginning of 2027. Read More

IN BRIEF: Filtronic hits "major milestone" with SpaceX follow-on order

1st Oct 2026 10:03

Filtronic PLC - Sedgefield, England-based designer and manufacturer of advanced RF solutions - Announces a USD68.1 million follow-on order from Space Exploration Technologies Corp, or SpaceX, for the supply of its Cerus E-band gallium nitride Solid State Power Amplifier units. Filtronic says the order is the largest it has received from SpaceX and follows a USD62.5 million order announced in August 2025. The order is expected to be materially fulfilled during financial 2028, providing greater visibility over future revenue and underpinning the company's expectations for the year. Chief Executive Officer Nat Edington said: "This follow-on order from SpaceX is another significant milestone for Filtronic, providing extended order visibility and coverage over the next couple of years. Read More

Competition authority clears E.ON's acquisition of UK peer OVO Energy

1st Oct 2026 09:58

(Alliance News) - The UK competition watchdog on Thursday said it had cleared the acquisition of OVO Energy Ltd by E.ON SE. Read More

UK manufacturing sector grows in September despite supply chain strife

1st Oct 2026 09:40

(Alliance News) - The UK manufacturing sector saw a growth upturn last month, a survey showed Thursday, but supply chains remained "under noticeable stress". Read More

Land Securities buys Metrocentre in Gateshead; raises GBP500 million

1st Oct 2026 09:40

(Alliance News) - Land Securities Group PLC on Thursday agreed to a GBP516 million deal to acquire the Metrocentre in Gateshead, partially funded by a GBP500 million equity issue. Read More

SSE keeps annual guidance unchanged as renewables business grows

1st Oct 2026 09:32

(Alliance News) - SSE PLC on Thursday said it remains on track to meet its annual earnings guidance as it hailed continued "strong delivery" in its network. Read More

Waterland rules out Gamma offer clearing way for Epiris takeover

1st Oct 2026 09:31

(Alliance News) - Waterland Private Equity Investment BV on Thursday pulled out of the bidding race to buy Gamma Communications PLC. Read More

LONDON BROKER RATINGS: BofA cuts Babcock; Panmure ups Greggs

1st Oct 2026 09:31

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

UK borrowing costs soar, gilt yields hit 6% for first time since 1998

1st Oct 2026 09:26

(Alliance News) - A global bond sell-off has seen UK gilt yields hit 6% for the first time in nearly 30 years, heaping pressure on the chancellor ahead of his inaugural budget later this month. Read More

Airtel Africa targets GBP5.3 billion value for Airtel Money in IPO

1st Oct 2026 09:16

(Alliance News) - Airtel Africa PLC on Thursday said its mobile payments company, Airtel Mobile Commerce NV, known as Airtel Money, will be valued at GBP5.3 billion when it begins trading later this month. Read More

LONDON MARKET OPEN: Stocks slump as bond sell-off escalates

1st Oct 2026 09:03

(Alliance News) - Stock prices in Europe opened lower on Thursday, with barely a handful of the FTSE 100 in the green, as lofty government bond yields continue to weigh on investor enthusiasm, despite cooler-than-expected US inflation data on Wednesday. Read More

IN BRIEF: Diversified conglomerate Aimia lists on London's AIM market

1st Oct 2026 08:26

Aimia Inc - Toronto-based diversified conglomerate - Debuts on the AIM market in London. Aimia first announced plans for the London initial public offering in August. Aimia on Tuesday said it would debut with a GBP124.2 million market capitalisation, for a 141 pence per share valuation. Read More

UK annual house price growth halves in "subdued" market - Nationwide

1st Oct 2026 07:51

(Alliance News) - UK annual house price growth halved last month, according to numbers from mortgage lender Nationwide showed Thursday, while there was a monthly decline again. Read More

LONDON BRIEFING: SSE affirms earnings view; Landsec buys Metrocentre

1st Oct 2026 07:50

(Alliance News) - SSE has backed its annual profit guide and reports an increase in renewables output, while Land Securities has announced the buy of the Metrocentre shopping mall, and plans a placing to go towards funding the deal. Read More

IN BRIEF: Alien Metals interim loss widens after impairment charge

1st Oct 2026 07:47

Alien Metals PLC - Australia-focused mineral exploration and mining company - Says pretax loss for the first half ended June 30 widened to USD12.5 million from USD698,000 a year earlier. Exploration and evaluation expenditure was written off at USD6.7 million, compared with nothing a year earlier, following a non-cash impairment charge against the group's iron ore exploration and evaluation assets, it says. A fair value loss on financial assets of USD4.3 million, compared with a gain of USD1.0 million a year earlier, also weighed on its bottom line. The USD4.3 million loss comprised the group's investments in West Coast Silver Ltd and GreenTech Metals Ltd. It reports no revenue, unchanged from a year earlier. Alien Metals says Munni Munni and Elizabeth Hill both delivered significant progress, while its acquisition of Georgina Basin after the period end further expanded its portfolio. Looking ahead, Non-Executive Chair Michael Carter says: "The board remains focused on disciplined capital allocation, advancing the group's existing assets and pursuing opportunities that have the potential to enhance long-term value for shareholders." Read More

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