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Late market roundup: US inflation, deal with China lift London shares

Stocks in London ended higher on Wednesday, supported by UK Chancellor Rachel Reeves’s spending review and softer US inflation, as markets welcomed signs of economic...

Wed, 11/06/2025 - 17:19


TwentyFour Select Monthly NAV return slows to 4.9% in first-half

TwentyFour Select Monthly Income Fund Ltd on Wednesday reported a slowdown in its net asset value total return for the six months to March 31,...

Wed, 11/06/2025 - 16:28


EU and Britain strike deal on Gibraltar’s post-Brexit status

The EU announced on Wednesday it had sealed a deal with Britain on the status of the territory of Gibraltar, five years after Brexit.

The deal...

Wed, 11/06/2025 - 16:23


UPDATE: PHP disputes Assura backing of rival KKR offer

Primary Health Properties PLC on Wednesday said it ‘strongly disagrees’ with Assura PLC’s decision to recommend a rival takeover bid from a consortium led by...

Wed, 11/06/2025 - 16:17


Treasury chief says ‘possible’ to rebalance US-China economic ties

US Treasury Secretary Scott Bessent said Wednesday it was possible to rebalance economic relations with China if Beijing proved a ‘reliable partner in trade negotiations,’...

Wed, 11/06/2025 - 15:46


Malvern International shares dive as reports decline in China bookings

Malvern International PLC on Wednesday said trading in the year to date has been ‘varied’ across it divisions, but it remains confident for ‘significant progress’...

Wed, 11/06/2025 - 14:27


EARNINGS: Vp profit jumps; Caffyns says tough market backdrop persists

The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Vp PLC - Harrogate, England-based equipment...

Wed, 11/06/2025 - 14:07


UPDATE: UK Chancellor Reeves sets out spend review amid ‘new phase’

UK Chancellor Rachel Reeves said ‘we are renewing Britain’ as she set out how she plans to spend hundreds of billions of pounds of taxpayers’...

Wed, 11/06/2025 - 13:30


Windar Photonics cuts revenue view after delay in order recognition

Windar Photonics PLC on Wednesday lowered its full-year 2024 guidance after determining that a €1.25 million order shipped in December will instead be recognised in...

Wed, 11/06/2025 - 13:07


UK chancellor sets out spend review as government ‘moves to new phase’

UK Chancellor Rachel Reeves said ‘we are renewing Britain’ as she set out how she plans to spend hundreds of billions of pounds of taxpayers’...

Wed, 11/06/2025 - 13:01


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