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June 6 (Reuters) - British multi-utility provider Telecom Plus Plc said Finance Director Chris Houghton would leave the company on Oct. 3 to pursue new challenges. The company, which provides gas, electricity, fixed line telephone and broadband internet services, said that a search for a ne
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Ofcom has unveiled new proposals that would reduce the wholesale cost of connecting mobile phone calls. The telecoms regulator explained that under the planned changes, the charges imposed on calls made to different networks would results in cheaper consumer bills. Ofcom said that since its last
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LONDON (Alliance News) - The UK's main stock indexes all closed higher Wednesday, tracking gains in the US ahead of the minutes from the US Federal Reserve's last policy meeting, while the pound reached a multi-day high against other major currencies after the Bank of England released the minu
Read moreAdrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the di
Read moreTelecom Plus topped the second tier risers today after impressing with an increase in annual profit and revenue as the utility achieved a record increase in customer numbers. The company, which supplies gas, electricity, telephony and broadband, said adjusted pre-tax profit jumped 25.3% to £44.6m a
Read moreLONDON (Alliance News) - Burberry Group Wednesday said that demand for its luxury outerwear, leather goods and menswear continued unabated in Asia, driving another increase in its annual profit.
The company said it will increase investments by GBP200 million, pumpin
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Petrofac, up 1.8%, and AstraZeneca, up 1.6%. The companies
LONDON (Alliance News) - Telecom Plus PLC Wednesday said Executive Chairman Charles Wigoder, Chief Executive Officer Andrew Lindsay, and a group of non-executive directors acquired shares in the communications company.
Details of the transaction are as follows.
LONDON (Alliance News) - UK stocks are trading mixed Wednesday, while the pound has jumped to a multi-day high against the dollar and a multi-month high against the euro following some much stronger-than-expected UK retail sales data and the release of the Bank of England's latest Monetary Policy
Read more- Petrofac leads gains after Barclays upgrade - Dollar/yen trading below 101 - Russian troops have yet to pull back, negotiations ongoing in Ukraine techMARK 2,710.51 +0.15% FTSE 100 6,801.35 -0.01% FTSE 250 15,467.06 +0.17% Stocks were trading slightly lower little over an hour after the start of
Read moreLONDON (Alliance News) - Telecom Plus PLC saw its shares jump to the top of the FTSE 250 in early trading Wednesday after the multi-utility provider reported a rise in revenue, higher pretax profit and a boosted full-year dividend as the firm continues to grow its customer base. In its fina
Read more- Pre-tax profit up 25.3 per cent - Revenue rises 9.5 per cent - Service numbers increase 305,100 Telecom Plus posted a rise in annual profit and revenue as the utility achieved a record increase in service numbers. The company, which supplies gas, electricity, telephony and broadband, said adjust
Read moreLONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.
A few interesting executive changes have been announced before the London open Wednesday.
* Revenue rises 9.5 pct to 658.8 mln stg * Customer base grows to over 530,000 (Adds outlook, details on dividend) May 21 (Reuters) - British utility company Telecom Plus Plc said full-year adjusted pretax profit rose 25.3 percent, helped by an increased customer base and an initia
Read moreLONDON (Alliance News) - UK stocks are set to open marginally lower Wednesday, following a negative close on Wall Street on Tuesday and ahead the release of minutes from recent meetings of the policy-setting committees of the Bank of England and the US Federal Reserve. Wall Street fell shar
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