PRESS: UK banks to be spared tax raid in November budget - FT

(Alliance News) - Chancellor Rachel Reeves is set to spare Britain's banks from a punitive Budget tax raid, after making it clear to colleagues she wants the sector to remain competitive and able to ...

Falconedge starts Aquis trading after GBP1.4 million float raise

(Alliance News) - Falconedge PLC shares began trading on the Aquis Growth Market in London on Wednesday after the advisory firm raised GBP1.4 million in its initial public offering, valuing the ...

GRIT Investment targets readmission of shares, reports interim results

(Alliance News) - GRIT Investment Trust PLC on Wednesday said it is targeting the readmission of its shares through a reverse takeover, as it reported its interim results for the twelve months ended ...

Burford Capital swings to third-quarter loss as revenue dives

The London- and New York-based litigation finance provider said revenue fell 72% to USD69.8 million in the third quarter from USD249.1 million a year ago. Notably, capital provision income was USD80.1 ...

Ireland jobless rate falls to 5.0% in October from 5.1% in September

The seasonally adjusted unemployment rate stood at 5.0% in October, down from a revised 5.1% in September, but up from 4.2% in October 2024. The CSO said there were an estimated 147,400 people ...

UK new car registrations up 0.5% on-year in October amid electric rise

There were 144,948 new car registrations in the UK in October, up 0.5% from a year ago. Battery electric vehicle registrations jumped 24% on-year to 36,830, while registrations of new petrol cars were ...

TRADING UPDATES: Corero gets renewal; Kitwave trades in line

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ...

LONDON MARKET CLOSE: FTSE 100 gains as US rallies after tech weakness

According to the payroll services provider ADP, the US private sector added 42,000 jobs in October, an outcome that beat the FXStreet cited expectation of 32,000 additions. In September, 29,000 roles ...

UK service sector sees stronger-than-expected October rise

"Higher levels of business activity reflected a faster rise in service sector output, alongside an increase in manufacturing production for the first time since October 2024. Total new work returned ...

TP ICAP backs annual outlook but sales growth slows in third quarter

(Alliance News) - TP ICAP Group PLC on Wednesday said it is "comfortable" with market expectations as it reported modest sales growth in the third quarter. The London-based financial services firm ...

LONDON BROKER RATINGS: Shell and Flutter Entertainment cut

Bank of America lowers Flutter Entertainment to 'neutral' (buy) - price target USD250 (USD325) Comments and questions to [email protected] ...

Drax signs low-carbon dispatchable contract with UK government firm

(Alliance News) - Drax Group PLC on Wednesday said it signed an agreement with the Low Carbon Contracts Co, a UK government-owned company, for operation of Drax Power Station post 2027.