LONDON MARKET OPEN: Shares lower despite HSBC rescue deal for SVB UK

London share prices opened lower on Monday amid continued disquiet over the collapse of Silicon Valley Bank and despite HSBC Holdings stepping in to buy...

Mon, 13/03/2023 - 09:29


TOP NEWS: HSBC acquires UK arm of failed Silicon Valley Bank

HSBC Holdings PLC on Monday confirmed it has bought the UK arm of the failed US lender Silicon Valley Bank.

The Asia-focused lender said its...

Mon, 13/03/2023 - 08:07


IN BRIEF: Pan African Resources completes Mintails Project funding

Pan African Resources PLC - Rosebank-headquartered gold producer - Completes a R 400 million transaction with Rand Merchant Bank, a division of FirstRand Bank Ltd, as...

Mon, 13/03/2023 - 07:45


UK customs system to be simplified as part of budget plans

The UK’s 363,000 international traders will see a streamlined customs process under reforms to be announced in the Chancellor’s Budget.

Jeremy Hunt is set to details...

Mon, 13/03/2023 - 06:23


Car makers warn UK must ’step up to compete’ in EV production

The UK’s ability to compete internationally in electric vehicle production is at risk, an automotive industry body has claimed.

Urgent action is needed by the UK...

Mon, 13/03/2023 - 06:22


UK PM Rishi Sunak pledges £5 billion for defence

Rishi Sunak insisted the UK’s armed forces had the funding they needed for a ‘more volatile world’ in the face of the growing challenges posed...

Mon, 13/03/2023 - 06:16


TOP NEWS: UK government scrambles to secure takeover of SVB’s UK arm

A number of potential buyers are circling the failed lender Silicon Valley Bank UK.

Chancellor Jeremy Hunt said the UK government was ‘working at pace’ on...

Mon, 13/03/2023 - 05:59


UK PM and chancellor to meet BoE over Silicon Valley Bank collapse

UK Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are due to hold talks with the Bank of England Governor Andrew Bailey in response to...

Sun, 12/03/2023 - 08:11


UK PM signals no tax cuts in budget amid focus on cutting inflation

UK Prime Minster Rishi Sunak has signalled that tax cuts will not be announced in the upcoming government budget as his administration focuses on cutting...

Sat, 11/03/2023 - 11:53


CORRECT: Revolution changes deferred consideration instalment amount

(Correcting the announcement date.)

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

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Revolution Beauty Group...

Fri, 10/03/2023 - 20:37


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