Lofty borrowing costs could force UK chancellor to spending cuts
The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis points to a peak of 4.81%. It was the highest reading since the 2008 financial ...
BT announces large order for thousands of new electric vehicles
(Alliance News) - Telecommunications firm BT Group PLC has announced a huge order for thousands of new electric vehicles. The company said the 3,500 new vehicles is the UK's largest ever commercial ...
Victoria Property launches possible offer for Ground Rents Income Fund
(Alliance News) - Victoria Property Holdings Ltd on Wednesday made a possible takeover offer for Ground Rents Income Fund PLC, following the failure of three previous acquisition bids.
Ireland unemployment rises in December but falls on annual basis
Male unemployment rose to 4.2% in December from 4.1% the previous month, but was down from 4.3% on-year. Female unemployment was 4.2%, unchanged from November's revised rate, but lower than the ...
Johnson Matthey pressed as Standard Investments demands swift action
In Tuesday's letter, the American investment firm escalated pressure on Johnson Matthey to address shareholder dissatisfaction, calling its response to a demanded strategic review "wholly insufficient ...
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GreenRoc Strategic Materials Share Chat (GROC)
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves ...
Global Petroleum shares tumble as fundraising extends to retail
(Alliance News) - Global Petroleum Ltd saw its shares drop 24% on Tuesday afternoon as it reported a successful capital raise to advance its Juno project.
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 ...
LONDON BROKER RATINGS: Barratt and Persimmon raised but Berkeley cut
Redburn raises Barratt Redrow to 'buy' (neutral) - price target 540 (530) pence Redburn raises Persimmon to 'buy' (neutral) - price target 1,510 (1,610) pence RBC cuts Unilever to 'underperform' ...
UK firms to increase prices amid "pressure cooker" of rising costs, tax
The research, by trade group the British Chambers of Commerce, comes after Labour announced an increase in taxes related to employing people in the October budget. Chancellor Rachel Reeves said ...