Market news


Solvonis reports positive progress on European patent for Awakn collab

Solvonis Therapeutics PLC on Wednesday reported ‘positive progress’ on its European patent application for the Awkn-Sdn-14 programme.

The London-based biotechnology company aiming to develop innovative treatments...

Wed, 26/03/2025 - 13:43


Chancellor confirms defence spending boost with AI technology focus

Chancellor Rachel Reeves confirmed plans to increase defence spending as she vowed to make Britain a ‘defence-industrial superpower.’

The UK government will put an extra £6.4...

Wed, 26/03/2025 - 13:39


Chancellor shores up UK finances amid tepid growth and changing world

Chancellor Rachel Reeves confirmed cuts to welfare spending as she pledged to secure Britain’s future with the world ‘changing before our eyes’, but she proposed...

Wed, 26/03/2025 - 13:06


Pharos Energy hikes dividend after swing to profit as impairments fall

Pharos Energy PLC on Wednesday increased its dividend as it swung to a pretax profit due to reduced impairment charges.

The London-based energy company with assets...

Wed, 26/03/2025 - 12:57


Downing Renewables & Infrastructure sees NAV fall in challenging year

Downing Renewables & Infrastructure Trust PLC on Wednesday expressed confidence in navigating ‘ongoing macroeconomic uncertainties’ as it reported a widening of its share price discount...

Wed, 26/03/2025 - 12:32


EXECUTIVE CHANGES: Woodbois bolsters board as tries to right ship

The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News:

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Woodbois Ltd - Africa-focused...

Wed, 26/03/2025 - 12:21


Imperial Brands eyes costs cuts, ‘evergreen’ buyback as sets strategy

Imperial Brands PLC on Wednesday said it would conduct an annual share buyback for the next five years and continue to focus on its five...

Wed, 26/03/2025 - 12:15


UPDATE: Annual UK house price growth accelerates but rent prices slow

[Alliance News] - Annual UK house price growth accelerated to reach 4.9% in the year to January 2025, according to Office for National Statistics, ONS,...

Wed, 26/03/2025 - 12:00


Lunchtime market roundup: UK stocks up in pre-spring statement trading

Stocks in London continued to comfortably outperform their counterparts in Paris and Frankfurt at midday Wednesday, as UK Chancellor Rachel Reeves is set to unveil...

Wed, 26/03/2025 - 11:55


TruFin swings to profit as revenue boosted by mobile game hits

TruFin PLC on Wednesday said it swung to a pretax profit as revenue surged, supported by success at its mobile games subsidiary.

TruFin is a London-based...

Wed, 26/03/2025 - 11:47


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