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 Labour not going to breach manifesto commitments on Europe — Reed
Environment Secretary Steve Reed told Times Radio that ministers will also not return the UK to the single market or the customs union. It comes as the Times newspaper reported the Home Office could ...
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 ...
UK shareholder meetings calendar - next 7 days
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
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' ...
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 ...
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 ...
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 ...
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 ...
Babcock says annual underlying operating profit beats expectations
In a trading update, Babcock said underlying operating profit grew 17% to GBP363 million with an underlying operating margin of 7.5%. In the financial year to March 2024, Babcock reported revenue of ...