(Alliance News) - UK house price growth slowed in November, though monthly gains continued as the housing market showed resilience despite weaker consumer confidence and a softening labour market, according to Nationwide on Tuesday. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, following a soft lead from Wall Street. Read More
Vast Resources PLC - copper and polymetallic miner in Romania, Tajikistan, and Zimbabwe - Says on Monday it was "encouraged" by an initial diamond tender process which involved 123,711.8 carats of lower value gem sold at average USD6.87 per carat. This left a remaining parcel of gem-quality stones totalling approximately 135,139.47 carats, which were not included in the tender. References to the quality of stones are indicative only, the company says. 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
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday, Friday and not separately reported by Alliance News: Read More
Genedrive PLC - Manchester, England-based point-of-care pharmacogenetic testing company - Notes the presentation of two posters by authors from the NHS England Network of Excellence in Pharmacogenomics, the NHSE Genomics Unit, the NHSE National Stroke Programme, and the Manchester Centre for Genomic Medicine at the UK Stroke Forum in Aberdeen, Scotland. Says results included laboratory CYP2C19 testing and point-of-care rapid CYP2C19 genetic testing using the Genedrive CYP2C19 ID kit. Key findings included that "a higher prevalence of patients unlikely to respond to clopidogrel [was] identified in the near-patient arm", leading Genedrive to estimate that an additional roughly 4,200 per year stroke patients benefitting from alternative prescribing decisions could be identified using the CYP2C19 ID kit "due to its increased target coverage and ethnic inclusivity". Posters add: "Test results impacted prescription practices, guiding prescription changes and aligning treatment with patients' genetic profiles for better outcomes." Additionally: "Implementation of Genedrive CYP2C19 testing was feasible, scalable and effective in providing immediate availability of results during acute clinical settings. Moreover, the findings substantiate the clinical utility of CYP2C19 genotype-guided antiplatelet therapy in the management of patients with ischemic stroke or TIA, particularly with diverse British and European populations." Read More
(Alliance News) - Britain must not shrink back from a "chaotic world", Keir Starmer has said as he underlined his commitment to internationalism. Read More
SpaceandPeople PLC - Glasgow, Scotland-based promotional and short-term retail space provider - Signs a new three-year exclusive agreement with London North Eastern Railway which covers promotional events across the LNER's station network. Says the contract expands its footprint to major high-traffic sites including Newcastle, York and Doncaster. SpaceandPeople has also "recently renewed" multi-year contracts with West Midlands Trains, East Midlands Trains, Greater Anglia and other train operators. Including its existing agreements across Network Rail, Govia Thameslink Railway, Northern Rail and others, SpaceandPeople says it now holds exclusive rights at more than 1,600 stations, representing over 1.6 billion passengers annually. Adds that the agreements are expected to drive strong demand from brand advertisers and retailers. Read More
Strategic Minerals PLC - London-based mineral producer, which operates in the UK, US and Australia - Subsidiary Cornwall Resources Ltd completes diamond drilling programme at the Redmoor Tungsten-Tin-Copper Project in southeast Cornwall, England. Strategic Minerals says over 5,048 metres of core has been drilled, logged and reviewed for sampling, having on November 10 reported "exceptional results from drillholes CRD033 and CRD034b". CRD035 and CRD036 are currently being processed and analysed, and the firm expects results "imminently" from CRD035. Says CRD041 passed through an underexplored section of the Redmoor deposit and identified visible tungsten, tin and copper mineralisation within the intersected sheeted vein system; confirmed the continuity of mineralised structures, and the SVS, to the westward-most extent of the explored deposit; and found additional zones of mineralisation outside of the SVS. Expects results from flotation testing in the first quarter of 2026, as metallurgical testwork for flowsheet design is "progressing ahead of schedule". Read More
Marks & Spencer Group PLC - London-based clothing, food and homewares retailer - Managing Director of Food Alex Freudmann sells 36,034 shares at GBP3.46, worth GBP124,605, on Monday this week. Read More
Blencowe Resources PLC - London-based mining company - Says definitive feasibility study confirms "outstanding economics" for its Orom-Cross graphite project. Says DFS assesses an initial 15-year life of mine and that it expects "significant" extensions "as further drilling converts additional resources to reserves", since only around 2% of the deposit is drilled so far. DFS highlights include a net present value of USD1.09 billion, average annual earnings before interest, tax, depreciation and amortisation of USD230 million per year over the LOM, and free cash flow of USD2.03 billion over the initial 15 years. Also, DFS gives Orom-Cross a 96% projected internal rate of return and all-in sustaining costs of USD485 per tonne over LOM. Company says the project will start with phase 1 production, and that its "primary corporate focus" is the "immediate next step" of securing the funding package to initiate ordering, construction and commissioning. It will implement phase 2 within two years of P1 commissioning. Read More
(Alliance News) - The US on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25%. Read More
(Alliance News) - Stock prices in London closed mostly lower on Monday, as market sentiment remained cautious and analysts warned that the UK manufacturing sector's recovery remains uncertain. Read More
(Alliance News) - The chair of the UK Office for Budget Responsibility has resigned over the early publication of the watchdog's forecasts. Read More
(Alliance News) - BSF Enterprise PLC on Monday announced a capital raise of up to GBP15 million to accelerate the commercialisation of its lab-grown leather, cultivated meat and corneal repair technologies. Read More