(Alliance News) - The UK Work & Pensions Secretary will stand firm on Labour's GBP5 billion plans for welfare cuts on Wednesday, arguing that reform is needed to make sure the system survives.

(Alliance News) - Around one million pensioners are paying income tax at rates of 40% or above, according to figures obtained from His Majesty's Revenue & Customs.

The funds will be used to fund working capital and capital expenditure requirements and to repay the short-term loan announced on in March. The loan note's coupon is 7% per annum, payable on ...

(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and ...

(Alliance News) - Xeros Technology PLC on Tuesday reported that it narrowed its loss in 2024, but reported a fall in revenue. Xeros is a Rotherham, England-based laundry technology developer. Shares ...

In European equities on Tuesday, the CAC 40 in Paris ended up 0.8%, while the DAX 40 in Frankfurt climbed 0.4%. The DAX 40 had earlier hit another all-time high, reaching 24,082.48. In New York on ...

(Alliance News) - Adriatic Metals PLC shares surged on Tuesday as it confirmed it is in discussions about a possible takeover offer from Dundee Precious Metals Inc. Adriatic operates the Rupice silver ...

(Alliance News) - UK Chancellor Rachel Reeves has confirmed she does not plan to reduce the GBP20,000 limit on the amount that can be put into individual savings accounts each year.

Luceco PLC on Tuesday expressed confidence in its outlook following initial 2025 trading, as it noted minimal expected impacts from US tariffs The London-based lighting manufacturer and distributor ...

Social Housing REIT invests mostly in newly developed social housing assets in UK. It said it was targeting a 3.0% increase in its dividend to 5.622 pence in 2025, up from the 5.46 pence paid for 2024 ...

(Alliance News) - Chesnara PLC is exploring a potential acquisition of HSBC Holdings PLC’s life insurance business in the UK, Bloomberg reported on Tuesday. Bloomberg sources said Preston-based ...

(Alliance News) - Renold PLC on Tuesday confirmed it has received two separate all-cash takeover proposals from private equity firms, both at a premium to its current share price.