Look ahead to 2025: Pristine Capital
Pristine Capital PLC ( PRIS), the main market listed cash shell focused on making acquisitions in the commercial real estate sector, is aiming to buy a portfolio or a company with assets between 30 to ...
Union Jack Oil celebrates spudding of Moccasin 1-13 well in Oklahoma
(Alliance News) - Union Jack Oil PLC on Tuesday said a well in Seminole County, Oklahoma, has been spudded. The oil and gas company focused on onshore US and UK assets has a 45% working interest in ...
Coral Products sells two buildings; receives payout on insurance claim
(Alliance News) - Coral Products PLC on Tuesday said it has sold two freehold properties in Haydock, Merseyside, and that it has reached a settlement agreement for a 2020 fire insurance claim.
UK long-term borrowing costs jump to highest level since 1998
(Alliance News) - The UK's long-term government borrowing costs have lifted to their highest level since 1998, in a potential blow for Chancellor Rachel Reeves. The yield on 30-year gilts – the return ...
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 ...
Serica Energy resumes Triton production, targets Q1 compressor boost
The company reported that production at the Triton FPSO resumed on December 27, with the export gas compressor successfully restarted and gas exports beginning on December 29. Serica expects that ...
GSK hails FDA breakthrough therapy designation for bone cancer drug
(Alliance News) - GSK PLC on Tuesday said the US Food & Drug Administration has granted a breakthrough therapy designation to its treatment for a form of bone cancer.
Next lifts profit outlook as buoyant overseas online trade lifts sales
Next plans to retain GBP75 million of surplus cash, reducing net debt, to contribute towards the potential repayment of a GBP250 million bond in August 2025. Next is due to announce annual results for ...
LONDON BRIEFING: Next ups guidance after strong Christmas trade
Stocks in London are set to open lower on Tuesday, with a eurozone inflation reading, and US data in focus. Both batches of data will be scrutinised for what they could mean for the European Central ...
LONDON MARKET EARLY CALL: FTSE 100 to open lower before eurozone data
(Alliance News) - Stocks in London are set to open lower on Tuesday, after a decent start to the week, with eurozone and US data in focus later. IG says futures indicate the FTSE 100 to open 44.1 ...