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Lastest Finance News

Europa Oil shares dive as loss widens amid big exploration costs

28th Oct 2024 14:34

(Alliance News) - Europa Oil & Gas Holdings PLC on Monday said 2025 will be an exciting period for the company as it reported a widened loss due to higher exploration costs. Read More

Tlou Energy to delist from AIM citing its "considerable cost"

28th Oct 2024 14:31

(Alliance News) - Tlou Energy Ltd on Monday revealed it is set to delist from London's AIM market following its failure to deliver "sufficient value". Read More

Emmerson shares tumble as negative regulatory filing halts activity

28th Oct 2024 14:28

(Alliance News) - Emmerson PLC on Monday said no further progress can be made on its Khemisset project, as a negative regulatory recommendation puts the company's balance sheet under pressure. Read More

GBP2 bus fare cap to increase to GBP3 in budget, UK PM Starmer says

28th Oct 2024 14:06

(Alliance News) - The GBP2 bus fare cap will be replaced by a new GBP3 cap until the end of 2025 at this week's budget, the UK prime minister has confirmed. Read More

Rio Tinto confirms employee death at Morebaya, Guinea site

28th Oct 2024 14:00

(Alliance News) - Mining company Rio Tinto PLC confirmed on Monday the death of an employee of a contracting company working on the Simandou mining project in Morebaya, Guinea. Read More

UK local services to get GBP240 million funding boost — PM Starmer

28th Oct 2024 13:58

(Alliance News) - Local services to "get Britain working" will get a GBP240 million funding boost in the budget, the prime minister has said. Read More

SRT Marine Systems agrees finance package with investor Ocean Infinity

28th Oct 2024 13:51

(Alliance News) - SRT Marine Systems PLC on Monday said it had agreed a GBP31 million investment and finance support package from existing investor Ocean Infinity. Read More

IN BRIEF: Ondo InsurTech expands production capacity amid US demand

28th Oct 2024 13:50

Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Increases production capacity at its UK contract manufacturing facility to accommodate "significant increasing demand" for LeakBot, the company's patented self-install solution that connects to homes using wireless networks to detect leaks. It will add a second production line at its manufacturing partner, Asteelflash, in Bedford, England, which will increase the business' production capacity to 40,000 units per month from its current level of 10,000 units per month. Read More

IN BRIEF: Kelso acquisition vehicle Selkirk says IPO in early November

28th Oct 2024 13:04

Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK - Selkirk expects its initial public offering on AIM in London will take place early next month, having originally planned it for October. The company is currently half owned by London Main Market-listed investor Kelso Group Holdings PLC and half by fund controlled by Belerion Capital. Selkirk hopes to raise GBP7.5 million in the IPO, which will be led by Zeus Capital Ltd as nominated adviser and broker. Once listed, it aims to buy a company with an enterprise value of between GBP30 million and GBP1 billion in a reverse takeover. Read More

IN BRIEF: Nanoco shareholder wants to put two of its people on board

28th Oct 2024 12:43

Nanoco Group PLC - Runcorn, England-based manufacturer of cadmium-free quantum dots and other nanomaterials - Receives requisition from 5.6% shareholder Milkwood Fund demanding a general meeting. Milkwood want shareholders to vote on resolutions to add Rhys Summerton and Andre Tonkin to the Nanoco board as directors. Summerton is a director of Milkwood and Tonkin is an employee. Read More

UK earnings, trading statements calendar - next 7 days

28th Oct 2024 12:30

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UK dividends calendar - next 7 days

28th Oct 2024 12:29

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UK shareholder meetings calendar - next 7 days

28th Oct 2024 12:27

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Kromek narrows annual loss as geopolitical insecurity drives demand

28th Oct 2024 12:23

(Alliance News) - Kromek PLC on Monday said its annual loss narrowed its most recent financial year, following a reduction in expenses and a growth in demand for products amid ongoing geopolitical instability. Read More

LONDON MARKET MIDDAY: Oil price and car finance woes peg back London

28th Oct 2024 12:05

(Alliance News) - London's FTSE 100 held modest losses around midday on Monday as a sharp fall in the oil price pegged back energy firms, BP and Shell. Read More

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