Alliance News South Africa Professional
Bank of England "blindsided" by unexpected elements of mini-budget
(Alliance News) - The deputy governor of the Bank of England has said that the government did not fully brief the bank on its mini-budget and sweeping tax-cutting plans before...
Read moreLONDON MARKET CLOSE: Rally runs out of steam as UK inflation tops 10%
(Alliance News) - After starting the week with two sessions in the green, the mood soured in London on Wednesday as UK consumer inflation was shoved back into double digits....
Read moreSuella Braverman out as home secretary in blow for UK PM Liz Truss
(Alliance News) - Liz Truss's embattled premiership has been rocked by the departure of Suella Braverman as home secretary....
Read moreIN BRIEF: Gemfields CEO takes direct interest in 1.5 million shares
Gemfields Group Ltd - London-headquartered gemstones supplier - Chief Executive Sean Gilbertson buys 1.5 million shares at 14.32 pence, worth GBP216,995, on Tuesday. Gilbertson previously had held the shares indirectly...
Read moreKore Potash complies with Congolese obligations after scathing letter
(Alliance News) - Kore Potash PLC maintained on Wednesday it complied with its obligations in the Republic of Congo after receiving a scathing letter from a top government official in...
Read morePRESS: UK chancellor eyes tax on banking and oil and gas profits - FT
(Alliance News) - Cancelling a planned cut to the banking surcharge is an option for new UK Chancellor Jeremy Hunt, the Financial Times reported on Wednesday. ...
Read moreLONDON MARKET MIDDAY: FTSE underwhelms as CPI puts spotlight on BoE
(Alliance News) - London's FTSE 100 was struggling for direction on Wednesday at midday, underperforming European peers, while pressure on the Bank of England intensified after UK inflation hit double...
Read moreQuilter net inflows down in third quarter amid tough market backdrop
(Alliance News) - Quilter PLC said on Wednesday net inflows and assets under management declined in the third quarter, reflecting a challenging market backdrop with both bond and equity values...
Read moreLONDON MARKET OPEN: Stocks trade lower, pound falls; Asos shares jump
(Alliance News) - Stock prices in London traded lower early Wednesday, and the pound struggled to find support, despite another wallet-busting UK inflation reading. ...
Read moreLONDON BRIEFING: UK inflation back above 10%; Asos swings to loss
(Alliance News) - Stocks in London were called higher on Wednesday, with a third successive daily gain possible, while the pound traded below an earlier high despite UK inflation hitting...
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