UK unemployment rate rises to 5.2% in last quarter of 2025 - ONS
(Alliance News) - UK unemployment came in higher than expected for the latest quarter, the Office for National Statistics reported on Tuesday. Read More
(Alliance News) - UK unemployment came in higher than expected for the latest quarter, the Office for National Statistics reported on Tuesday. Read More
Plus500 Ltd - Haifa, Israel-based trading platform operator - Three top executives will sell 1.5 million existing shares, worth about GBP70.7 million, to Goldman Sachs International, part of New York-based investment bank Goldman Sachs Group Inc. The shares represent a 2.1% stake in Plus500. The sale will be intermediated by broker Panmure Liberum Ltd. Goldman Sachs may or may not onward sell the shares, Plus500 says. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, ahead of inflation and economic data from the eurozone, Germany and other regions, and as negotiations continue between the US and Iran. Read More
ADM Energy PLC - West-Africa focused London-based natural resource investor - Pretax loss widens to GBP1.2 million in the first half of 2025, from GBP600,000 a year before. Reports no revenue for the six months that ended June 30, down from GBP138,000. Administrative expenses increase to GBP609,000 from GBP566,000, while finance costs increase to GBP382,000 from GBP15,000. Looking ahead, ADM Energy says it believes that funding will be secured and that the operational and financial plans in place are achievable. Read More
(Alliance News) - Coral Products PLC on Monday said it has agreed to buy the assets of former competitor AAC Cyroma Ltd from its liquidators for GBP95,000 in cash. Read More
(Alliance News) - ProBiotix Health PLC on Monday said it believes a fall in its share price may result from "mistaken assumptions" about events at SkinBioTherapeutics PLC. Read More
(Alliance News) - Optima Health PLC on Monday said it has agreed to buy occupational health and wellness service provider PAM Healthcare Ltd for around GBP100 million. Read More
(Alliance News) - Crystal Amber Fund Ltd on Monday said that it has invested a further USD8 million in Morphic Medical Inc to take a stake of close to 98%. Read More
(Alliance News) - Stock prices in London closed mixed on Monday after a day of thin trading due to a holiday in the US, while banking and defence stocks buoyed the blue-chip index. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - LMS Capital PLC on Monday said its net asset value declined in the final three months of last year. Read More
Critical Mineral Resources PLC - London-based resource developer targeting Moroccan metals - Appoints Geraud Moussarie as chair of the board, noting his "significant leadership experience" in the management of natural resources and infrastructure projects across North and West Africa. Notes Moussarie's experience at BP PLC, where he held a number of "senior roles" across the region, including senior commercial manager for BP North Africa. Adds that from 2021 to 2023, he served as project director and general manager for Rio Tinto PLC in Guinea. Read More
(Alliance News) - The government has abandoned plans to postpone elections across 30 councils this May after receiving advice from lawyers following a legal challenge from Reform UK. Read More
(Alliance News) - Physiomics PLC on Monday saw its shares decline as it posted a widened interim loss, but expressed optimism on hitting market expectations for the full-year. Read More
Cadogan Energy Solutions PLC - Ukraine and Italy-focused oil and gas company - Says it successfully starts its gas-to-power operations in Ukraine. The firm adds that the installation enables a "significant reduction" in carbon dioxide emissions associated with oil production while generating incremental revenue through the sale of electricity to the national grid. Read More