News

TRADING UPDATES: IntelliAM wins order; Schroder BSC mulls options
IntelliAM AI PLC - South Yorkshire, England-based provider of AI-driven software solutions for the manufacturing and engineering sectors - Receives an order for supply of IntelliAM AI platform ...
London close: Markets turn weaker in afternoon trading
London stocks ended lower on Wednesday, giving up earlier gains as investor sentiment turned cautious following fresh US jobs data and lingering uncertainty over international trade negotiations ahead ...
LONDON MARKET CLOSE: UK stocks, bond prices and pound slump
The FTSE 100 suffered a minor fall, with a rise in mining shares tempering its decline, though there was a slump for housebuilders. A sharper fall for the FTSE 250 typified a drab day for more ...
UK rates should be cut three more times in 2025 — BoE's Alan Taylor
(Alliance News) - A Bank of England policymaker has said interest rates should be cut three more times in 2025 as he cautioned the inflation outlook was at greater risk of being pushed "off track" ...
LPA Group gets GBP1.4 million in contracts for UK and Dutch rail work
Alstom claims to be the UK & Ireland's leading supplier of new trains and maintenance services. LPA will supply around 9,000 LED tubes and 9,000 inverter bypass units for Alstom Class 357 trains. It ...
M&S CEO Machin says worst of cyber attack impact to be over by August
(Alliance News) - The chief executive officer of Marks & Spencer Group PLC has said he hopes to have the majority of the impact from its damaging cyber attack "behind us" by August. Stuart Machin, CEO ...
Irish unemployment rate remains unchanged at 4.0% in June — CSO
The seasonally adjusted unemployment rate was 4.0% in June, unchanged from May, though down from 4.4% in June 2024. The unemployment rate was 4.0% for women in June, down from 4.1% in May. For men, ...
UK's Starmer defends welfare reform package despite climbdown over Pip
The UK prime minister was forced to scrap plans to restrict eligibility for the personal independence payment, Pip, to avoid a Labour rebellion which could have led to him losing a crunch Commons vote ...
EXTRA: Santander to buy British bank TSB from Sabadell amid BBVA bid
Santander UK is the product of Santander's acquisition of UK mortgage lender Abbey National in 2004. It also includes the former Bradford & Bingley and Alliance & Leicester. TSB was sold by Lloyds ...
SSP notes TFS's eyed market cap of around GBP1.20 billion at India IPO
K Hospitality expects a market capitalisation of between INR137.6 billion and INR144.8 billion, around GBP1.17 billion to GBP1.23 billion. The anticipated market capitalisation is based on the price ...
Secure Trust Bank exits motor finance in wake of commission redress
Following the Court of Appeals judgement in October in the cases against motor finance peers Close Brothers Ltd and Firstrand Bank Ltd, Secure Trust took a GBP6.4 million provision against costs and ...
Spectris accepts GBP4.1 billion takeover offer from KKR over Advent
(Alliance News) - Spectris PLC on Wednesday said it has agreed to the terms of a takeover offer from funds advised by Kohlberg Kravis Roberts & Co that values it at GBP4.1 billion, beating an earlier ...