News

DIRECTOR DEALINGS: IAG execs sell GBP4 million in shares after results
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: ...
Hikma shares climb on new outlook, targets USD5 billion sales by 2030
In April, Hikma said it expected revenue to grow by 4% to 6% in 2025 and for core operating profit to be in the range of USD730 million to USD770 million, would be growth of 4.3% at the mid-point. In ...
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: ...
Flutter Entertainment completes purchase of stake in Brazil's NSX
(Alliance News) - Flutter Entertainment PLC on Thursday said it has completed the acquisition of an initial 56% stake in NSX Group, a Brazilian operator of the Betnacional brand. The New York-based ...
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 ...
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 ...
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 ...
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 ...
London midday: Stocks turn higher but gains muted as energy firms fall
London stocks had turned positive by midday on Thursday but gains were muted despite better-than-expected UK GDP figures, as declining oil prices weighed on energy firms. The FTSE 100 was up 0.1% at 8 ...
UK to begin talks on return hubs for failed asylum seekers
(Alliance News) - The UK will begin talks with other countries on "return hubs" for failed asylum seekers as the government seeks to crack down on small boats crossing the Channel.
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 ...