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.
TRADING UPDATES: Argentex agrees IFX bid; Marula strikes Botswana deal
Argentex Group PLC - London-based currency risk management firm - Agrees GBP3 million cash bid from IFX (UK) Ltd worth 2.49 pence per share. In addition, IFX provides a secured bridging loan of GBP6.5 ...
Reeves moves to block cheap imports undercutting British high street
Currently, imports valued under GBP135 do not have to pay customs duties, but some retailers have argued this gives preferential treatment to firms such as Temu and Shein that make and store products ...
AltynGold profit surges as gold production and gold price climb easily
Gold production rose 13% to 37,279 ounces in 2024 from 33,110 oz in 2023. Ore processed climbed 7.0% to 750,045 tonnes in 2024 from 701,000t in 2023. The average gold price achieved by AltynGold was ...
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 ...
London close: Stocks end week on a positive note
(Sharecast News) - London stocks finished higher on Friday, even as investors locked in profits following nine straight days of gains, driven by easing trade tensions and hopes of a rate cut by the ...
Evoke expects further revenue growth as first-quarter revenue rises
(Alliance News) - Evoke PLC on Friday reported that its first quarter revenue was up, expecting a return to stronger growth from its second quarter onwards. Evoke is a London-based betting and gaming ...
AIM WINNERS & LOSERS: Enteq sees no "realistic prospect" of offer
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
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 ...
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 ...