News

Mobico shares hit as warns of "significant" loss; sells School Bus arm
(Alliance News) - Mobico Group PLC on Friday said it expects to suffer a "significant" annual loss due to write-offs of goodwill, as it also announced the planned sale of a business.
UK Labour not going to breach manifesto commitments on Europe — Reed
Environment Secretary Steve Reed told Times Radio that ministers will also not return the UK to the single market or the customs union. It comes as the Times newspaper reported the Home Office could ...
LONDON BROKER RATINGS: HSBC cuts Smith & Nephew to 'hold'
Barclays cuts Smiths Group price target to 2,020 (2,290) pence - 'equal weight' Deutsche Bank Research cuts St James's Place price target to 1,100 (1,200) pence - 'buy' ...
UK consumer confidence slides amid household bill hikes and US tariffs
(Alliance News) - Consumer confidence in the UK has seen a sharp drop as households grapple with across-the-board bill hikes and face new warnings of rising inflation. GfK's long-running consumer ...
BROKER NOTES: Deutsche cuts Inchcape to hold after slow start to 2025
We rely on ads to keep creating quality content for you to enjoy for free. Please support our site by disabling your ad blocker. Inchcape PLC - London-based car dealership chain - Deutsche Bank ...
Vast Resources shares rise after diamond parcel release
Vast Resources PLC on Friday reported the release of its historical diamond parcel in Zimbabwe. The London-based miner in Romania, Tajikistan and Zimbabwe said that the diamond had been held at the ...
UK retail sales slow in March but exceeds consensus amid good weather
UK retail sales slowed in March but exceeded consensus as good weather drove footfall, a report from the Office for National Statistics showed on Friday. UK retail sales volumes rose by 0.4% in March, ...
EU-UK talks making "good progress" says Downing Street
(Alliance News) - Talks on strengthening UK-EU relations have made "good progress", Downing Street has said following a meeting between Keir Starmer and European Commission President Ursula von der ...
Record assets under management increase following forex gains
Record is a Windsor, England-based specialist currency and asset manager. The company reported that its assets under management totalled USD100.9 billion at March 31, the period end, up 15% from USD87 ...
UK vehicle production falls 6.3% on-year in first quarter - SMMT
UK car and commercial vehicle manufacturing production declined in the first quarter, ahead of new US tariff announcements, data published by the Society of Motor Manufacturers & Traders showed Friday ...
LONDON BRIEFING: Mobico sells School Bus business; Evoke revenue rises
London is set to open higher on Friday, as UK Chancellor Rachel Reeves is set to enter talks in Washington for a possible US-UK trade deal, and a data reading shows a slowdown in March retail sales ...
LONDON MARKET OPEN: London muted following soft UK retail sales data
(Alliance News) - London's FTSE 100 was broadly flat at the market open on Friday, following a soft UK retail sales reading and ahead of a meeting in Washington in which the UK chancellor hopes to ...