News

We're backing Scotland with billions in investment, says Reeves
(Alliance News) - The UK government is backing Scotland with billions in investment to grow the economy and create jobs, the chancellor has said ahead of her visit to the country. Rachel Reeves said ...
London close: Stocks end mixed ahead of key US jobs data
The company now expects to book a full-year underlying operating profit of £3.1bn-3.2bn for 2025, up from previous guidance of £2.7bn-2.9bn, while the free cash flow target has been upped to ...
Spire Healthcare keeps guidance as profit falls despite higher revenue
Despite the revenue rise, pretax profit declined due to GBP13.0 million of adjusting items, largely driven by restructuring costs, Spire Healthcare said. The company proposed no interim dividend, ...
Henderson Smaller Cos cautious after weak year but outlook improves
(Alliance News) - Henderson Smaller Cos Investment Trust PLC on Thursday reported a "disappointing" annual performance but struck an upbeat tone on the outlook for UK smaller firms, pointing to ...
LONDON MARKET MIDDAY: Stocks stay up amid earnings bonanza
Shell increased its half-year dividend by 4.1% to 71.6 US cents from 68.8 cents a year ago and announced a USD3.5 billion share buyback, which Chief Executive Wael Sawan pointed out was the 15th ...
Hammerson raises capital to fund Bullring deal after strong profit
Hammerson said it raised up to 10% of the existing issued share capital through an institutional placing for GBP319 million. Chief Executive Officer Rita-Rose Gagne described the Bullring acquisition ...
UK home sales jumped by 13% month-on-month in June — HMRC figures
(Alliance News) - House sales jumped by 13% month-on-month in June, according to HM Revenue & Customs, HMRC, figures. Across the UK, it estimated that 93,530 home sales took place during the month, ...
Mondi flags US tariff risks after delivering weaker interim profit
(Alliance News) - Mondi PLC on Thursday reported lower interim profit, as the packaging firm warned of tariff risks in the second half of 2025. For the six months that ended June 30, the Weybridge, ...
Weir looks to reach operating margin target a year ahead of schedule
This would be a year ahead of schedule, and ahead of market consensus of 19.7%. In 2024, Weir reported an operating margin of 18.8%. Performance Excellence was launched in 2023 and targetted GBP60 ...
LONDON BROKER RATINGS: Deutsche cuts Rio Tinto; Kepler raises Unite
Deutsche Bank Research cuts Rio Tinto to 'hold' (buy) - price target 5,100 (5,300) pence JPMorgan cuts Rio Tinto price target to 5,450 (5,570) pence - 'overweight' Jefferies raises Rio Tinto price ...
Rolls-Royce raises annual guidance as profit multiplies in first half
Rolls-Royce Holdings PLC on Thursday raised its outlook for all of 2025, saying a strong first half showed "our multi-year transformation continues to deliver", despite supply chain difficulties and ...
British American Tobacco says on track as US revenue returns to growth
Revenue was GBP12.07 billion, down 2.2% from GBP12.34 billion, but was up 1.8% at constant currency, driven by a return to growth in the US, BAT said. Revenue from New Categories was flat at GBP1.65 ...