News

TRADING UPDATES: IntelliAM wins order; Schroder BSC mulls options
IntelliAM AI PLC - South Yorkshire, England-based provider of AI-driven software solutions for the manufacturing and engineering sectors - Receives an order for supply of IntelliAM AI platform ...
London close: Markets turn weaker in afternoon trading
London stocks ended lower on Wednesday, giving up earlier gains as investor sentiment turned cautious following fresh US jobs data and lingering uncertainty over international trade negotiations ahead ...
LONDON MARKET CLOSE: UK stocks, bond prices and pound slump
The FTSE 100 suffered a minor fall, with a rise in mining shares tempering its decline, though there was a slump for housebuilders. A sharper fall for the FTSE 250 typified a drab day for more ...
UK rates should be cut three more times in 2025 — BoE's Alan Taylor
(Alliance News) - A Bank of England policymaker has said interest rates should be cut three more times in 2025 as he cautioned the inflation outlook was at greater risk of being pushed "off track" ...
LPA Group gets GBP1.4 million in contracts for UK and Dutch rail work
Alstom claims to be the UK & Ireland's leading supplier of new trains and maintenance services. LPA will supply around 9,000 LED tubes and 9,000 inverter bypass units for Alstom Class 357 trains. It ...
Bytes Technology shares tumble 20% after flagging trading challenges
Bytes Technology Group PLC said on Wednesday its performance for the first months of its financial year was hurt by challenging market conditions, coupled with changes to its corporate sales team. In ...
UPDATE: No 10 says UK PM Starmer backs Reeves after tears in Commons
(Alliance News) - Rachel Reeves is "going nowhere" and will remain as UK chancellor, Downing Street said, despite Prime Minister Keir Starmer declining to give her a public show of support.
Irish unemployment rate remains unchanged at 4.0% in June — CSO
The seasonally adjusted unemployment rate was 4.0% in June, unchanged from May, though down from 4.4% in June 2024. The unemployment rate was 4.0% for women in June, down from 4.1% in May. For men, ...
M&S CEO Machin says worst of cyber attack impact to be over by August
(Alliance News) - The chief executive officer of Marks & Spencer Group PLC has said he hopes to have the majority of the impact from its damaging cyber attack "behind us" by August. Stuart Machin, CEO ...
Equipmake names Metcalfe non-executive chair as Scrivener steps down
(Alliance News) - Equipmake Holdings PLC on Wednesday announced the appointment of Tim Metcalfe as non-executive chair, following the resignation of Clive Scrivener, who is stepping down to focus on ...
UK's Starmer defends welfare reform package despite climbdown over Pip
The UK prime minister was forced to scrap plans to restrict eligibility for the personal independence payment, Pip, to avoid a Labour rebellion which could have led to him losing a crunch Commons vote ...
Spectris accepts GBP4.1 billion takeover offer from KKR over Advent
(Alliance News) - Spectris PLC on Wednesday said it has agreed to the terms of a takeover offer from funds advised by Kohlberg Kravis Roberts & Co that values it at GBP4.1 billion, beating an earlier ...