News

UK households to receive compensation for water service failures
(Alliance News) - Water firms will be forced to pay households in England up to GBP2,000 for service failures as part of efforts to reform the sector, the government has announced. Compensation ...
London close: Stocks finish choppy Tuesday session higher
London stocks ended higher on Tuesday, recovering from earlier losses as investors grew more optimistic about progress in US trade negotiations. The FTSE 100 index rose 0.28% to close at 8,785.33 ...
Mpac to scale back US operations as order slowdown hurts sales
Mpac Group PLC on Tuesday warned full-year revenue will fall significantly below previous expectations due to slower market conditions in the US. The Tadcaster, North Yorkshire-based high-speed ...
EARNINGS: Wynnstay profit up; Supreme hails "strong performance"
Wynnstay Group PLC - Powys, Wales-based agricultural supplies and specialist merchanting firm - It hails a "significant improvement" in the first half of its financial year. Pretax profit in the six ...
LONDON MARKET MIDDAY: Stocks mostly red after weak house price data
(Alliance News) - London's stocks were mostly a notch lower at midday on Tuesday, dragged down by housebuilders after a soft UK house price reading, and as industrial firms brace for the introduction ...
Mercia Asset Management sets share buyback as assets near GBP2 billion
(Alliance News) - Mercia Asset Management PLC on Tuesday launched a GBP3.0 million share buyback as a part of new annual buyback policy, while reporting a swing to annual profit and nearly GBP2 ...
Kitwave says fragile confidence, higher labour costs to impact profit
Kitwave Group PLC on Tuesday warned lower sales and higher employment costs would mean lower than expected profit in the coming financial year. In response, shares in the North Shields, England-based ...
AIM WINNERS & LOSERS: Kitwave suffers double-digit interim profit fall
Kitwave Group PLC, down 22% at 249.22p, 12-month range 230.00p-355.00p. The North Shields, England-based food wholesaler reports pretax profit of GBP5.6 million for the six months that ended April 30, ...
Global Smaller Cos Trust underperforms benchmark in "difficult year"
Global Smaller declared a 2.30p per share final dividend, a rise of 8.0% from 2.13p. It means its total dividend for the year is 3.00p, up 6.8% from 2.81p. It is its 55th successive dividend hike, the ...
LONDON BRIEFING: SSE and National Grid mull new Ofgem investment plan
In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...
UK welfare rebellion looms for PM despite concessions to Labour rebels
(Alliance News) - UK Prime Minister Keir Starmer continues to face the prospect of a major rebellion over his welfare cuts despite making concessions to disgruntled Labour MPs. Ministers hope a ...