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 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 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's Reeves to hold trade talks with US counterpart in Washington
(Alliance News) - Rachel Reeves will meet her US counterpart on Friday as she attempts to make progress on a trade deal during her visit to Washington.
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 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, ...
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 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 ...
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 ...
Topps Tiles to divest four CTD Tiles stores, receives UK CMA approval
(Alliance News) - Topps Tiles PLC on Thursday said it has received approval from the UK Competition & Markets Authority in relation to its acquisition of CTD Tiles Ltd, a tile retailer to the trade, ...
Molten Ventures net asset value rises despite recent market volatility
Molten Ventures PLC on Thursday said it expects to report a rise in net asset value during its most recent financial year, though wider market volatility hurts the gross value of its portfolio. The ...
Finseta on track for significant revenue growth in 2025
Finseta expects to report "significant revenue growth in 2025" in line with its own expectations. For the medium term, the company said its key strategic initiatives aim to sharply boost sales growth ...