News

UPDATE: UK PM defends "tough decisions" as local poll results roll in
(Alliance News) - Keir Starmer has defended taking "tough decisions" after Labour figures hit out at the party's record in UK government in the wake of its local election results.
Amigo Holdings loss narrows on reduced costs as wind-down progresses
Amigo is a Bournemouth, England-based former mid-cost credit provider now in run off. In March 2023, Amigo announced that its subsidiary Amigo Loans Ltd had ceased offering new loans and it would ...
EU wins post-Brexit fishing row with Britain in landmark case
(Alliance News) - The EU on Friday won a landmark case against Britain at the world's oldest arbitration body over post-Brexit rights to fish sandeels, a tiny North Sea species.
LONDON BROKER RATINGS: Citi raises Burberry, Investec cuts Hunting
Citi raises Burberry to 'buy' (neutral) - price target 925 (980) pence RBC cuts Watches of Switzerland to 'sector perform' (outperform) - price target 375 (640) pence Deutsche Bank Research raises Man ...
Shell holds buyback at USD3.5 billion despite plunging profits
On Tuesday, peer BP cut its quarterly share buyback to USD750 million from USD1.75 billion in the prior quarter after a rise in debt and a drop in operating cash flow. In response, shares in Shell ...
Trakm8 shares triple as agrees terms for takeover by Brillian UK
(Alliance News) - Trakm8 Holdings PLC on Thursday announced it has agreed the terms of a takeover by Brillian UK Ltd. In response, shares in Trakm8 closed more than three times higher at 9.00 pence ...
Smurfit WestRock to cut 500,000 tonnes of capacity, close facilities
(Alliance News) - Smurfit WestRock PLC on Thursday announced major capacity reductions and facility closures in the US and Germany, impacting around 650 jobs globally as it adjusts operations in ...
Rolls-Royce on track in 2025 as seeks to mitigate impact of tariffs
(Alliance News) - Rolls-Royce Holdings PLC on Thursday backed its full-year outlook as it reported a good start to 2025 despite the uncertainties associated with US trade tariffs.
LONDON BROKER RATINGS: HSBC cuts Smith & Nephew to 'hold'
Barclays cuts Smiths Group price target to 2,020 (2,290) pence - 'equal weight' Deutsche Bank Research cuts St James's Place price target to 1,100 (1,200) pence - 'buy' ...
LONDON BROKER RATINGS: Berkeley and Advanced Medical Solutions raised
UBS raises Berkeley Group Holdings to 'buy' (neutral) - price target 4,965 (5,385) pence Peel Hunt raises Antofagasta to 'add' (hold) - price target 1,860 (1,825) pence Citigroup cuts HSBC price ...
London close: Stocks finish higher as US economy contracts
London stocks extended their gains on Wednesday, after fresh data from the US showed a slowing in consumer price growth, alongside the country's first economic contraction since 2022. The FTSE 100 ...
EARNINGS AND TRADING: PPHE Hotel revenue ticks up; Serabi profit soars
The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: PPHE Hotel Group Ltd - Amsterdam-based ...