UK Chancellor Rachel Reeves to stress commitment to end windfall tax
(Alliance News) - Rachel Reeves will reaffirm her commitment to "end" the windfall tax on North Sea oil and gas as she meets energy bosses. Read More
(Alliance News) - Rachel Reeves will reaffirm her commitment to "end" the windfall tax on North Sea oil and gas as she meets energy bosses. Read More
EnSilica PLC - Oxford, England-based computer chip maker - Announces that the UK government is providing further investment in satellite communications. It says the UK Space Agency outlines an additional GBP30 million of funding under its "Connectivity in Low Earth Orbit" programme, or C-LEO, which aims to directly help UK companies developing advanced technologies. Read More
(Alliance News) - Netcall PLC on Wednesday announced double-digit half-year revenue growth as artificial intelligence and cloud computing enjoyed trading momentum. Read More
(Alliance News) - Interest rates in the UK could be pushed back up above 4% if war in the Middle East prompts a persistent spike in oil and gas prices, an economic think tank has warned. Read More
ICG PLC - London-based private equity asset manager - Non-Executive Director Sonia Baxendale buys 5,000 shares at GBP16.39, worth GBP81,950, on Monday. Read More
Coca-Cola Europacific Partners PLC - soft drinks bottler in over 30 markets including Australia, Germany, Great Britain and Spain - Stephen Moorhouse, general manager of Great Britain, sells 9,987 shares at average USD109.53, worth USD1.1 million, on Monday in New York. Read More
(Alliance News) - SRT Marine Systems PLC on Wednesday said it has signed a USD261 million maritime surveillance contract with an unnamed new sovereign customer, adding to a USD20.5 million follow-on deal announced last week. Read More
Melrose Industries PLC - Birmingham, England-based aerospace engineering - Non-Executive Director Mary Petryszyn buys 20,000 shares at 559.20 pence, worth GBP111,840, on Tuesday. The shares are Petryszyn's only holding, having joined the Melrose board at the end of January. Read More
(Alliance News) - Allergy Therapeutics PLC on Wednesday said its combined phases 1 and 2a trial shows its potential treatment for peanut allergy supports a "strong immunomodulating potential" for the product. Read More
(Alliance News) - Scotch Corner Designer Village Holdings PLC on Wednesday said it plans to list on the Aquis Real Asset Market, with trading of its shares expected to start next month, as it seeks to raise funds to advance the construction of a designer outlet in the north of England. Read More
(Alliance News) - Energy and engineering services firm John Wood Group PLC has been fined GBP13 million by the UK finance watchdog for publishing inaccurate information in its accounts. Read More
Chemring Group PLC - Hampshire, England-based provider of technology products and services to the aerospace, defence and security markets - Hires Kate Rock to be senior independent director, joining the board on April 1. Rock currently is non-executive chair of Costain Group PLC and SID of Keller Group PLC. Costain is an infrastructure construction firm, while Keller is a geotechnical engineering firm providing ground services to construction companies. Rock also is a life peer, sitting in the House of Lords. Read More
(Alliance News) - Hutchmed China Ltd on Wednesday said it had launched a Phase I/IIa clinical trial of its cancer treatment HMPL-A580. Read More
(Alliance News) - Stock prices in London were mostly in the green midday on Wednesday, following a report of relative stability in the UK private and service sectors, and a warning from the Office for Budgetary Responsibility. Read More
Gulf Marine Services PLC - provider of support vessels to the offshore energy industry - Says it has received instructions, with which it "has complied promptly", from an unnamed Middle East client to immediately evacuate personnel from four vessels operating under its jurisdiction. Says this is a precautionary measure due to "the ongoing situation in the Gulf region". Gulf Marine adds that it is closely monitoring the situation, and is working to quantify the potential impact of recent events in the region on its financial and operational performance. Intends to issue further updates "as appropriate, in due course." Read More