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...
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LONDON 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....
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Suella 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....
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IN 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...
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Kore 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...
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PRESS: 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. ...
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LONDON 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...
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Quilter 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...
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LONDON 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. ...
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LONDON 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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