(Alliance News) - The board of a publicly-owned clean energy company set up by the UK Labour government is scheduled to meet for the first time in Scotland on Monday to discuss scaling up and kickstarting investments. Read More
(Alliance News) - Keir Starmer faces mounting backbench discontent as the UK government prepares to announce sweeping changes to the welfare system this week. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
Powerhouse Energy Group PLC - Bingley, England-based non-recyclable waste-to-energy conversion company - Raises GBP1.25 million via placing of 250 million shares at 0.5 pence each. The placing was arranged by Hobart Capital Markets LLP. Proceeds will facilitate an acceleration in research and development and provide working capital. In addition, seeks to raise GBP125,000 via a retail offer at the same price. Funds from the retail offer will be used as working capital. As part of the placing, one warrant will be issued to placees for every two placing shares subscribed for, exercisable at 1.0p per share, and with an expiry period of three years from Friday. Read More
(Alliance News) - Stock prices in London closed higher on Friday, as a possible US government shutdown hangs in the balance although in Germany, political parties have agreed a long-awaited spending deal. Read More
(Alliance News) - The threat of US tariffs on alcoholic drinks from the EU "is a very serious issue", Irish premier Micheal Martin has warned. Read More
(Alliance News) - Bakkavor Group PLC on Friday responded to a takeover approach by Dublin-based convenience food maker Greencore Group PLC. Read More
(Alliance News) - Ricardo PLC on Friday hit back at Science Group PLC rejecting demands for boardroom change, which it called "self serving" and an "unnecessary distraction". Read More
(Alliance News) - Thungela Resources Ltd on Friday reported that it has agreed to acquire the remaining interest in Sungela Holdings Pty Ltd, effectively taking full control of Ensham coal mine. Read More
(Alliance News) - Empyrean Energy PLC on Friday said that rigging operations for drilling the Wilson River-1 well "proceeded smoothly." Read More
(Alliance News) - The UK ambassador to the US has said the embassy will be encouraging investment in Northern Ireland. Read More
Minoan Group PLC - company developing a tourism project in Greece - Shares climb 16% as it remains in discussions with the providers of its only secured debt which expired on December 31. Expects to successfully resolve situation in the coming weeks. Notes that it will further update shareholders on this situation as well as other negotiations in due course. Read More
(Alliance News) - Diversified Energy Co PLC on Friday said it has completed its previously announced acquisition of Maverick Natural Resources LLC. Read More
(Alliance News) - Greencore Group PLC on Friday confirmed, in response to recent media speculation, that it has made two takeover offers to Bakkavor Group PLC within the past month. Read More