LONDON MARKET CLOSE: Stocks lower amid US debt ceiling deadlock

Stock prices in London ended in the red on Wednesday as an impasse in US debt ceiling talks soured market mood.

The FTSE 100 index...

Wed, 17/05/2023 - 16:57


Chaarat Gold shares jump on potential $250 million investment

Chaarat Gold Holdings Ltd on Wednesday said it was in talks with Xiwang International Co Ltd for a potential equity investment of $250 million, sending...

Wed, 17/05/2023 - 16:55


UPDATE: Biden says ’confident’ in reaching deal to avert default

US President Joe Biden said Wednesday he is ‘confident’ a deal can be reached with Republicans leaders to avert a potentially catastrophic US debt default,...

Wed, 17/05/2023 - 16:40


Three energy firms pay £8 million for compensation failures

E.ON SE’s E.On Next, Good Energy Group PLC and Octopus Energy have paid £8 million over compensation failures after lengthy delays in producing final bills...

Wed, 17/05/2023 - 16:39


UK earnings, trading statements calendar - next 7 days

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Thursday 18 May 
Brighton Pier Group PLCFull Year Results
BT Group PLCFull Year Results
Burberry Group PLCFull Year Results

Wed, 17/05/2023 - 15:46


Melrose expects Aerospace revenue to grow to £4 billion in 2025

Melrose Industries PLC on Wednesday provided updated guidance figures for 2025, after recently announcing it will sharpen is focus on the aerospace sector following its...

Wed, 17/05/2023 - 15:18


MJ Hudson sells Data & Analytics arm; plans share cancellation

MJ Hudson Group PLC on Wednesday confirmed the sale of its Data & Analytics division and set out its plan to cancel its shares from...

Wed, 17/05/2023 - 15:05


EU and UK closer to signing delayed deal on financial services

The EU on Wednesday moved forward with a delayed agreement with Britain to advance cooperation on financial services regulation as the two sides build on...

Wed, 17/05/2023 - 14:52


BoE Governor Bailey signals further hikes if inflation ‘persistent’

The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is...

Wed, 17/05/2023 - 14:49


TRADING UPDATES: Proteome Sciences revenue up; Mpac sees improved 2023

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

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Mpac Group PLC - Tadcaster,...

Wed, 17/05/2023 - 14:45


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