News

Mpac to scale back US operations as order slowdown hurts sales
Mpac Group PLC on Tuesday warned full-year revenue will fall significantly below previous expectations due to slower market conditions in the US. The Tadcaster, North Yorkshire-based high-speed ...
ADVFN acquires trading platform operator Capital Markets Group
Stockhouse and HotCopper represent a sizeable proportion of retail investors in their respective markets, ADVFN said. As of June 2025, Capital Markets recorded 315,128 users and 66 million trading ...
EARNINGS: Wynnstay profit up; Supreme hails "strong performance"
Wynnstay Group PLC - Powys, Wales-based agricultural supplies and specialist merchanting firm - It hails a "significant improvement" in the first half of its financial year. Pretax profit in the six ...
LONDON MARKET MIDDAY: Stocks mostly red after weak house price data
(Alliance News) - London's stocks were mostly a notch lower at midday on Tuesday, dragged down by housebuilders after a soft UK house price reading, and as industrial firms brace for the introduction ...
Mercia Asset Management sets share buyback as assets near GBP2 billion
(Alliance News) - Mercia Asset Management PLC on Tuesday launched a GBP3.0 million share buyback as a part of new annual buyback policy, while reporting a swing to annual profit and nearly GBP2 ...
Southern Water receives further GBP1.2 billion equity injection
(Alliance News) - The owner of Southern Water has pumped another GBP1.2 billion into the struggling utility to help boost its finances. Sydney-based investment firm Macquarie Group Ltd – which ...
PRESS: Standard Chartered faces lawsuit over thefts from Malaysia fund
(Alliance News) - Standard Chartered PLC faces a lawsuit filed in Singapore on Monday that seeks more than USD2.7 billion from the bank over its alleged role in the theft of funds from Malaysia's ...
UK energy sector set to discuss how National Grid can meet AI demand
Energy firms in Great Britain are set to discuss how the National Grid could be upgraded to cope with the future demands of AI at a meeting with ministers on Monday. The AI Energy Council are set to ...
Drax hires Shell executive Frank Lemmink as chief financial officer
(Alliance News) - Drax Group PLC on Tuesday said it has appointed Frank Lemmink as its new chief financial officer to replace Andy Skelton.
UPDATE: Final phase of "Not for EU" food labelling comes into force
(Alliance News) - The final phase of post-Brexit food labelling on products being shipped from Great Britain to Northern Ireland has been introduced. The "Not for EU" labels, an element of the Windsor ...
UK competition watchdog OK's GBP4 billion Direct Line buy by Aviva
(Alliance News) - The UK Competition & Markets Authority on Tuesday green lit Aviva PLC's takeover of Bromley, London-based car and home insurer Direct Line Insurance Group PLC. London-based insurer ...
London midday: Stocks turn lower as housebuilders retreat
S&P Global said that manufacturing production was lower for the eighth straight month, as companies scaled back output in response to "weak market conditions, clients offsetting higher costs through ...