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UK PM faces backbench discontent; prepares to overhaul benefits system

Keir Starmer faces mounting backbench discontent as the UK government prepares to announce sweeping changes to the welfare system this week.

Work & Pensions Secretary Liz...

Mon, 17/03/2025 - 06:45


IN BRIEF: Powerhouse Energy raises funds to accelerate R&D spend

Powerhouse Energy Group PLC - Bingley, England-based non-recyclable waste-to-energy conversion company - Raises £1.25 million via placing of 250 million shares at 0.5 pence each....

Fri, 14/03/2025 - 18:33


Late market roundup: Shares rise as Germany announces spending bill

Shares ended higher in London on Friday as the German government agreed a defence and infrastructure spending package, while the US Senate worked to avoid...

Fri, 14/03/2025 - 17:02


US threat of drinks tariffs a serious issue, says Irish premier Martin

The threat of US tariffs on alcoholic drinks from the EU ‘is a very serious issue’, Irish premier Micheal Martin has warned.

The taoiseach said Irish...

Fri, 14/03/2025 - 16:34


UPDATE: Bakkavor says potential offer by Greencore undervalues firm

Bakkavor Group PLC on Friday responded to a takeover approach by Dublin-based convenience food maker Greencore Group PLC.

Bakkavor, a London-based ’fresh prepared’ food maker, said...

Fri, 14/03/2025 - 16:09


Ricardo slams Science Group for ‘unwelcome’ demands for board shake-up

Ricardo PLC on Friday hit back at Science Group PLC rejecting demands for boardroom change, which it called ‘self serving’ and an ‘unnecessary distraction’.

Mark...

Fri, 14/03/2025 - 15:55


Thungela Resources buys out co-investors from Ensham coal mine

Thungela Resources Ltd on Friday reported that it has agreed to acquire the remaining interest in Sungela Holdings Pty Ltd, effectively taking full control of...

Fri, 14/03/2025 - 15:55


Empyrean Energy notes drilling start of well in Queensland, Australia

Empyrean Energy PLC on Friday said that rigging operations for drilling the Wilson River-1 well ‘proceeded smoothly.’

The oil and gas development firm active in...

Fri, 14/03/2025 - 15:53


UK ambassador to US will ‘help drive investment’ in Northern Ireland

The UK ambassador to the US has said the embassy will be encouraging investment in Northern Ireland.

Peter Mandelson, who was appointed to the role last...

Fri, 14/03/2025 - 14:49


Diversified Energy completes Maverick Natural Resources acquisition

Diversified Energy Co PLC on Friday said it has completed its previously announced acquisition of Maverick Natural Resources LLC.

The Birmingham, Alabama-based natural gas producer said...

Fri, 14/03/2025 - 14:30


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