M&C Saatchi lowers outlook as US government shutdown hits trading

M&C Saatchi said trading in the second half of 2025 has been adversely impacted by the "unprecedented" US government shutdown, affecting its Issues specialism, a "significant contributor" to fourth ...

M&G and Phoenix Group pass life insurance stress test by UK regulator

M&G participated in the stress test by the PRA, part of the Bank of England, via life insurance arm Prudential Assurance Co Ltd. The subsidiary's own shareholder ratio would decrease to 151% from 214% ...

International Public Partnerships names Sarah Whitney as next chair

(Alliance News) - International Public Partnerships Ltd on Monday named Sarah Whitney as its next chair. The London-based global infrastructure investor appointed Whitney as an independent ...

LONDON MARKET OPEN: Hopes of Fed cut and Ukraine peace lift sentiment

Sterling rose to USD1.3101 early Monday, from USD1.3084 at the time of the London equities close on Friday. The euro perked up to USD1.1531 from USD1.1501, while against the yen, the dollar rose ...

London open: FTSE gains amid renewed hopes of Fed rate cut

(Sharecast News) - London stocks rose in early trade on Monday amid renewed hopes of a rate cut by the Federal Reserve next month, as investors looked ahead to this week's Budget. At 0830 GMT, the ...

LONDON BRIEFING: IMI sells asset; S4 Capital warns on earnings

(Alliance News) - IMI will sell an asset in a GBP225 million deal, BHP called time on its interest in Anglo American, while M&G and Phoenix Group have hailed results from a regulatory stress test. S4 ...

London pre-open: Stocks to gain on Fed rate cut hopes

London stocks were set to jump at the open on Monday amid growing expectations of a rate cut by the Federal Reserve next month. The FTSE 100 was called to open around 50 points higher. Sentiment got a ...

UK critical minerals strategy aims for supply chain resilience by 2035

The UK currently produces 6% of its critical mineral needs domestically. The strategy seeks to diversify the UK’s supplier base, with a target that no more than 60% of the supply of any one mineral ...

LONDON MARKET EARLY CALL: December Fed cut hope boosts sentiment

Sterling rose to USD1.3107 early Monday, from USD1.3084 at the time of the London equities close on Friday. The euro perked up to USD1.1525 from USD1.1501, while against the yen, the dollar faded ...

Moody's affirms UK credit rating and outlook before budget

(Alliance News) - Moody's late Friday affirmed the UK's Aa3 credit rating and 'stable' outlook ahead of next week's budget, noting "balanced risks to the economic and fiscal outlook". The UK has ...

UK chancellor to "grip cost of living" in budget as tax hikes expected

(Alliance News) - UK Chancellor Rachel Reeves has pledged to "grip the cost of living" in her budget next week. In an example of one move aiming to ease the pressure on people's finances, rail fares ...

AstraZeneca unveils USD2 billion manufacturing investment in Maryland

(Alliance News) - AstraZeneca PLC on Friday announced plans to invest USD2 billion to expand its long-standing manufacturing footprint in Maryland.