Moody's affirms UK credit rating and outlook before budget

(Alliance News) - Moody's late Friday affirmed the UK's Aa3 credit rating and 'stable' outlook ahead of next week's budget, noting "balanced risks to the economic and fiscal outlook". The UK has ...

UK chancellor to "grip cost of living" in budget as tax hikes expected

(Alliance News) - UK Chancellor Rachel Reeves has pledged to "grip the cost of living" in her budget next week. In an example of one move aiming to ease the pressure on people's finances, rail fares ...

AstraZeneca unveils USD2 billion manufacturing investment in Maryland

(Alliance News) - AstraZeneca PLC on Friday announced plans to invest USD2 billion to expand its long-standing manufacturing footprint in Maryland.

LONDON MARKET CLOSE: FTSE 100 closes testing week with modest gains

The FTSE 100 index closed up 12.06 points, 0.1%, at 9,539.71. The FTSE 250 ended 20.98 points lower, 0.1%, at 21,363.37, while the AIM All-Share fell 5.56 points, 0.8%, to 735.64. For the week, the ...

GCM Resources loss widens amid Bangladesh political disruption

(Alliance News) - GCM Resources PLC on Friday reported widening full-year loss and a need for financing to continue its operations as political upheaval in Bangladesh stalled progress for project ...

Inspecs extends offer deadline as Safilo competes with private equity

(Alliance News) - Inspecs on Friday extended the deadline for potential acquisition bids, as it acknowledged possible offers from Milan-listed Safilo Group Spa and British private equity firms.

Hammerson raises guidance and takes full ownership of Reading's Oracle

(Alliance News) - Hammerson PLC on Friday said it has bought the remaining 50% interest in The Oracle in Reading, England from its joint venture partner for GBP104.5 million.

GenIP shares jump on new report orders from universities

(Alliance News) - GenIP PLC on Friday said it has received a total of 57 new report orders from repeat clients, including two US research universities and a returning UK institution. Following the ...

AEW UK REIT profit halves but NAV steady amid falling property values

(Alliance News) - AEW UK REIT PLC on Friday said interim profit and revenue fell due to a swing to a loss from in the fair value of investment properties. The London-based real estate investment trust ...

LONDON MARKET MIDDAY: Europe red after US tech rout; data hits pound

The flash composite PMI fell to a two-month low of 50.5 points in November from October's final tally of 52.2. Falling closer to the 50-point neutral mark, the reading suggests the UK private sector ...

DIRECTOR DEALINGS: Mitie CEO and Norcros chair buy after results

Mitie Group PLC - London-based engineering, security, cleaning and hygiene services provider - Chief Executive Officer Phil Bentley buys 195,000 shares at 154.34 pence, worth GBP300,961, on Thursday.

Canal+ considers inaugural bond offering, renews UEFA contracts

Also, Canal+ announced on Thursday that it has renewed 100% of exclusive rights to UEFA club competitions in France until 2031. Chief Executive Officer Maxime Saada said the renewals allow Canal+ to ...