Interest rates set to be held as inflation to remain ‘elevated’ despite Iran peace deal Economics Interest rates are expected to be left unchanged as Bank of England policymakers wait to find out whether the Iran war peace deal holds up. The Bank’s Monetary Policy Committee (MPC) is set to keep interest rates at 3.75 per cent at a decision later this week. Its decision would suggest that the Bank is [...]
SpaceX is preparing for blast off, but will the mega IPO send investors into orbit? Markets SpaceX is set to launch the largest retail allocation ever attempted in a megacap IPO as part of its hotly anticipated listing on the Nasdaq tomorrow, with around 30 per cent of shares reserved for retail investors. Bret Johnsen, SpaceX CFO, has said the unusually large allocation is a deliberate recognition of “folks that have [...]
Does trouble lie ahead for South Korea’s star tech stocks? Markets Over the past 18 months, South Korea’s main stock market has burst back onto the global investment scene, led by a staggering recovery for the Kospi index. The country’s blue chip index had been plagued by the impeachment of President Yoon Suk Yeol and companies trading at significantly lower valuations compared to emerging market peers [...]
Andy Burnham ducks ‘fiscal rules exam’ despite pledge to stick to them June 6, 2026 Andy Burnham refused to explain Labour’s fiscal rules on Friday, despite insisting he would stick to them if he entered Downing Street, raising questions over the economic strategy underpinning his growing leadership bid. The Greater Manchester Mayor, who has spent months positioning himself as Labour’s most prominent alternative voice, was challenged to explain the government’s [...]
Will the SpaceX IPO send retail investors into orbit? June 5, 2026 SpaceX is preparing the largest retail allocation ever attempted in a megacap IPO in its anticipated listing later this month, with Elon Musk seeking to reserve as much as a quarter of the company’s $75bn float for individual investors. Musk reportedly wants ordinary investors cemented near the centre of the group’s ownership straight from blast [...]
Martin Sorrell calls WPP ‘catatonic’ as Goldman slaps sell rating on its own client June 4, 2026 Sir Martin Sorrell spent 33 years turning WPP from a small Kent-based wire and plastics manufacturer into the world’s largest ad company. He left in 2018 following a dispute over personal conduct that he has consistently denied, and has been a vocal critic of his successors ever since. “I think they are further gone than [...]
Alkermes to Participate in the Goldman Sachs 47th Annual Global Healthcare Conference June 3, 2026 Alkermes plc (Nasdaq: ALKS) announced today that management will participate in a fireside chat at the Goldman Sachs 47th Annual Global Healthcare Conference on Wednesday, June 10, 2026 at 10:00 a.m. ET (3:00 p.m. BST). The live webcast may be accessed under the Investors tab on www.alkermes.com and will be archived for 14 days. About [...]
WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global June 1, 2026 The combination creates the most comprehensive, AI-enabled logistics platform for small and mid-sized businesses
Is it time to acknowledge Brazil’s investment opportunities? May 27, 2026 Brazil reclaimed its place in the world’s top 10 economies in 2023 and has retained it ever since. Now, in the second quarter of 2026, its stock market has become the most successful in South America, helping the country become the main centre for capital in the region. Sao Paolo is home to the B3 [...]
Superdrug owner eyes up London float in $30bn dual listing May 23, 2026 The owner of Superdrug is eyeing up a blockbuster London float as part of a $30bn dual listing later this year. AS Watson, which owns the health and beauty retailer, plans to raise about $2bn by listing its shares in both London and Hong Kong before the end of 2026. The Superdrug owner would join [...]