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Rail union clashes with UK government over strikes before Christmas

6 Dec 2022, 21:02pm

(Alliance News) - Rail union chief Mick Lynch has been urged by ministers not to "hold the country to ransom" with strikes ahead of Christmas as he blamed the UK...

Asda to create 10,000 jobs in convenience store expansion

6 Dec 2022, 20:30pm

(Alliance News) - UK supermarket chain Asda announced on Tuesday it plans to create 10,000 new jobs over the next four years as it accelerates the rollout of 300 new "Asda...

UK culture secretary considering "options" amid Channel 4 sale plan

6 Dec 2022, 18:36pm

(Alliance News) - The new UK culture secretary said she is considering "other options for providing long-term sustainability" to Channel 4 while reviewing the government's plans to sell the broadcaster....

LONDON MARKET CLOSE: Strong US services reading unnerves investors

6 Dec 2022, 17:01pm

(Alliance News) - European equities declined on Tuesday, with a bullish reading of the US services sector at the start of the week knocking investor confidence and possibly muddying the...

LONDON MARKET MIDDAY: FTSE 100 down as Fed fears weigh on stocks

6 Dec 2022, 12:29pm

(Alliance News) - Stocks in London were lower at midday on Tuesday as investors continued to fret about the prospect of another hefty rate hike from the Federal Reserve following...

Coats trustee buys GBP350 million bulk annuity policy from Aviva

6 Dec 2022, 11:58am

(Alliance News) - Coats Group PLC on Tuesday said that the trustee of its UK pension scheme purchased GBP350 million bulk annuity policy from Insurer and wealth manager Aviva PLC,...

Ladbrokes owner Entain refinances EUR1.13 billion loan due March 2024

6 Dec 2022, 10:28am

Entain PLC - London-based gaming and sports-betting firm - Refinances EUR1.13 billion term loan B due March 2024. Announces pricing and allocation of two new tranches of first lien...

Airtel Africa signs USD194 million facility to diversify local funding

6 Dec 2022, 10:04am

(Alliance News) - Airtel Africa PLC on Tuesday said it signed a new facility with International Finance Corp, a sister organisation of the World Bank and a member of the...