News

LONDON BRIEFING: BT profit up; Johnson Matthey sells unit to Honeywell
In early UK corporate news, BT reported growth in annual profit, miner Rio Tinto announced its boss will step down and ...
International Paper to close five UK packaging sites; 300 jobs at risk
(Alliance News) - International Paper Co has announced plans to close five sites in the UK, putting about 300 jobs at risk, following its acquisition of DS Smith. The Memphis, Tennessee-based ...
Schiehallion Fund seeks UK tax residency and to join UK trust regime
(Alliance News) - Schiehallion Fund Ltd on Friday said it has now begun the process to become a UK tax resident and join the UK's investment trust regime. The Guernsey-based investment fund said it ...
Benchmark Holdings to delist from London and Oslo and return capital
Benchmark shares were up 7.3% to 23.60 pence on Friday morning in London, giving the company a market capitalisation of GBP175.0 million. Benchmark said its remaining operations are Advanced Nutrition ...
Ajax to list on AQSE, plans GBP1.5 million raise for Argentina project
(Alliance News) - Ajax Resources PLC on Friday said it has applied for admission to the Aquis Stock Exchange Growth Market, alongside a planned subscription to raise up to GBP1.5 million to support ...
London close: Stocks slip on Trump's latest tariff threats
"European and US stocks reversed their early Friday gains and dropped by as much as 2% as US President Trump threatened a 50% tariff on imports from the European Union starting 1 June, and Apple with ...
UK retail sales growth tops forecast in April on warm weather boost
"Food store sales volumes grew strongly in April 2025, which retailers attributed to the good weather," the ONS said. Year-on-year, retail sales surged 5.0% in April, the pace of growth accelerating ...
VH Global Energy shares rise on plan to start selling off assets
(Alliance News) - VH Global Energy Infrastructure PLC shares climbed on Friday as it said it plans to start an "asset realisation strategy" in a change to its investment policy after engaging with ...
DIRECTOR DEALINGS: Atome leadership subscribes for GBP1.2 million
(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: ...
Seascape Energy Asia says loss widened but last year was "pivotal"
The Southeast Asia-focused exploration & production company said its pretax loss widened to GBP5.7 million in 2024 from GBP3.9 million in 2023. Administrative costs increased to GBP6.7 million from ...
Livermore Investments NAV rises amid decline in full-year profit
Net asset value per share increased by 2.5% to USD0.84 from USD0.82, and Livermore Investments did not declare a full-year dividend, unchanged from the prior year. However, in September, it declared ...
PRESS: Phoenix Group considering changing name to Standard Life - FT
(Alliance News) - Phoenix Group Holdings PLC is considering changing its name to Standard Life within the next 12 months, the Financial Times reported on Thursday, citing a person familiar with the ...