Lofty borrowing costs could force UK chancellor to spending cuts
The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis points to a peak of 4.81%. It was the highest reading since the 2008 financial ...
BT announces large order for thousands of new electric vehicles
(Alliance News) - Telecommunications firm BT Group PLC has announced a huge order for thousands of new electric vehicles. The company said the 3,500 new vehicles is the UK's largest ever commercial ...
Ireland unemployment rises in December but falls on annual basis
Male unemployment rose to 4.2% in December from 4.1% the previous month, but was down from 4.3% on-year. Female unemployment was 4.2%, unchanged from November's revised rate, but lower than the ...
Victoria Property launches possible offer for Ground Rents Income Fund
(Alliance News) - Victoria Property Holdings Ltd on Wednesday made a possible takeover offer for Ground Rents Income Fund PLC, following the failure of three previous acquisition bids.
ProCook shares rise as revenue grows comfortably during key period
ProCook shares rose 7.2% to 41.26 pence each on Wednesday morning in London. Comments and questions to [email protected] Copyright 2025 Alliance News Ltd. All Rights Reserved.
Victoria affirms earnings outlook, eyes GBP32 million in cost savings
The company remains confident that full-year earnings for fiscal 2025 will align with consensus market expectations of GBP1.2 million in revenue and GBP31 million in operating profit.
Johnson Matthey pressed as Standard Investments demands swift action
In Tuesday's letter, the American investment firm escalated pressure on Johnson Matthey to address shareholder dissatisfaction, calling its response to a demanded strategic review "wholly insufficient ...
Global Petroleum shares tumble as fundraising extends to retail
(Alliance News) - Global Petroleum Ltd saw its shares drop 24% on Tuesday afternoon as it reported a successful capital raise to advance its Juno project.
LONDON BROKER RATINGS: Citi cuts AJ Bell; BofA likes JD Sports
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Close Brothers names Finance Director Mike Morgan as chief executive
(Alliance News) - Close Brothers Group PLC on Tuesday reported that Group Finance Director Mike Morgan will succeed Adrian Sainsbury as chief executive officer, effective from Monday.
Hill & Smith CFO Hannah Nichols departs to join Coats Group
Nichols will join Coats as CFO on April 24 and assume full responsibilities after its annual general meeting on May 21, succeeding Jackie Callaway, who has mutually agreed with the board of Coats to ...
UK grocery sales hit festive Christmas high but inflation picks up
According to market research firm Kantar, household spending on take-home groceries hit a new high this Christmas at GBP460 on average. Overall take-home sales at the grocers rose by 2.1% over the ...