News

EARNINGS AND TRADING: Ondine widens loss as research expenses rise
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ...
Pollen Street says fundraising drove asset growth in first quarter
(Alliance News) - Pollen Street Group Ltd on Thursday said its assets under management increased during the first quarter of 2025, supported by "strong fundraising momentum". The London-based asset ...
Lion Finance says 'middle corridor' could benefit from US tariffs
(Alliance News) - Lion Finance PLC on Thursday reported a jump in first quarter net interest income and pretax profit, as it remains confident in the resilience of its core markets in and around ...
ITV forecasts lower advertising revenue ahead after in-line quarter
Full-year margin will be lower than 2024, reflecting the change in sales mix, as the market recovers following the US strikes, but still within the 13% to 15% target range, ITV said. In 2024, ITV ...
LONDON MARKET MIDDAY: FTSE 100 outperforms as Europe underwhelms
According to the Office for National Statistics, UK gross domestic product is estimated to have grown by 0.7% in the quarter from January to March. This is accelerated from a 0.1% growth in the prior ...
Premier Foods praises Mr Kipling; ups dividend as annual profit grows
Premier Foods proposed a dividend of 2.8 pence per share, up 62% from 1.73p a year ago. The company said it expects to deliver further progress against its strategic pillars this year as it kept ...
Greencore seals deal for GBP1.2 billion buy of Bakkavor
(Alliance News) - Greencore Group PLC on Thursday agreed a GBP1.2 billion takeover of Bakkavor Group PLC, creating a "leading UK convenience food business", just over a month after the duo struck a ...
National Grid backs investment plans as annual profit beats forecast
National Grid PLC on Thursday said a strong performance across the business, reflected in better-than-expected underlying annual profit, underpins plans to invest GBP60 billion over the next five ...
UK Prime Minister Keir Starmer takes cautious approach to EU "reset"
Prime Minister Keir Starmer is treading a fine line on UK-EU relations as hard-right populists make gains at a time when Brexit and immigration remain toxic issues in Britain. The Labour leader will ...
Vinanz secures USD4 million funding at "just the right time"
Under the agreement, Vinanz will repay each amount, plus 5% annual interest, 12 months after the drawdown date. Shares in Vinanz closed up 10% to 15.12 pence in London on Wednesday. Comments and ...
Persimmon announces sale of FibreNest for around GBP100 million
The York, England-based housebuilder said the discounted total enterprise value for the sale is around GBP100 million. Persimmon expects the sale to complete within three months. Persimmon will ...
Vistry shares fall as forward order book declines in year to date
(Alliance News) - Vistry Group PLC on Wednesday announced a lower forward order book, but noted strengthening demand from the private rented sector market. The Kent, England-based house builder said ...