Urban Logistics REIT interim profit falls as rental vacancy rate rises
(Alliance News) - Urban Logistics REIT PLC on Thursday said profit fell nearly 50% during the first half of its current financial year, as the logistics property investor said empty space has taken ...
TOP NEWS: IMI warns exchange rate headwinds may hurt full-year profit
Despite these potential headwinds, IMI reconfirmed its full-year guidance of adjusted basic earnings per share between 120 pence and 126 pence, compared to 116.8p in 2023. It expects adjusted ...
London open: Stocks nudge up amid corporate deluge, ahead of rate decisions
(Sharecast News) - London stocks nudged higher in early trade on Thursday as investors waded through a deluge of corporate news and looked ahead to the latest policy announcements from the Bank of ...
Westminster Group reports revenue growth but sees widening losses
(Alliance News) - Westminster Group PLC said on Wednesday reported revenue growth in the 18 months to June 30, but also pretax losses. The Oxford-based provider of security services, for sensitive ...
Totally swings to half-year profit despite market challenges
Totally PLC on Wednesday reported a swing to interim profit as it maintained its full-year guidance. The Derby, England-based provider of healthcare and wellbeing services across the UK and Ireland ...
Wise backs annual guidance after 50% profit increase in first half
Looking ahead, Wise continues to expect underlying income growth of between 15% and 20% in both financial 2025 and over the medium term from financial 2024. It also continues to target a medium-term ...
LONDON MARKET OPEN: Stocks rise as Donald Trump declares victory
Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation. While polls had shown the race on a knife edge, the Republican fared far ...
Prudential confirms 2024 guidance; Phoenix Group hires former CFO
London-based Phoenix said Nic Nicandrou will join the company as CFO and executive director on December 2, replacing Interim CFO Stephanie Bruce. Nicandrou was CEO of Prudential Asia & Africa, ...
London midday: Stocks rally as Trump becomes 47th US president
(Sharecast News) - London stocks were still firmly in the black by midday on Wednesday as Donald Trump was elected the 47th president of the United States. The FTSE 100 was up 1.3% at 8,276.35.
UK companies warn of growing consumer costs after budget tax rises
A growing list of British companies have warned of rising costs to consumers in the wake of Labour's budget. The chief executive officer of Marks & Spencer Group PLC said the retailer will take a ...
UK Chancellor Reeves faces grilling by MPs over budget measures
(Alliance News) - Rachel Reeves will be grilled by MPs on Wednesday over a series of tax hikes and increased spending unveiled in the UK autumn budget. A change to the UK's debt rule that was ...
Supermarket Income REIT reaches fee change agreement with Atrato
(Alliance News) – Supermarket Income REIT PLC said Tuesday that it has changed a management fee agreement with its investment adviser, with the sum now tied to market capitalisation instead of net ...