On spending, the chancellor removed the two-child limit within Universal Credit from April 2026, a measure which the government believes will reduce child poverty by 450,000 by 2029 to 2030.

Housebuilders were another weak sector in the London market as news of 'mansion tax' on properties worth more than GBP2 billion was unveiled. An absence of stimulus measures for the housing market ...

In London, Fresnillo and Endeavour Mining climbed as the price of gold increased. The gold miners rose 4.4% and 3.8% and were the best performers on the FTSE 100 index. Gold was up at USD4,172.90 an ...

(Alliance News) - The UK's economy will grow more slowly than predicted over the next four years, according to a forecast that was published early in a budget blunder. The Office for Budget ...

Reforms to gambling taxation will raise GBP1.1 billion by the end of parliament, according to the OBR. "From April 2026, there will be an increase in remote gaming duty from 21% to 40% and abolition ...

Among those set to exit the FTSE 250 is Pinewood Technologies Group PLC, rounding off a short stint in the mid-cap index. The provider of software to the automotive retailing sector replaced Warehouse ...

Shares in SolGold climbed 14% to 23.85 pence on Wednesday afternoon in London. The Ecuador-focused gold and copper mining firm said recent internal studies defined a 60.2 million-tonne-potential open ...

"The board views this as a further very positive outcome to the US proceedings," Tanfield said. Tanfield said the Snorkel investment is valued at GBP19.1 million, with the outcome of US proceedings ...

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News: ...

Looking ahead, Iomart said it expects an improved performance in the second financial half, with the full year within the range of current market expectations. Iomart shares fell 3.1% to 25.00 pence ...

The firm reported "significant" organic growth with Cake Box revenue up by 19% to GBP22.3 million from GBP18.7 million, while Ambala contribution was in line with expectations with revenue of GBP6.5 ...

Spectra said the agreement follows the customer's authorisation of a USD5.7 million payment for the first production tranche of new sensors, part of a wider manufacturing contract announced in July ...