“Confidence returns”: Improved Hargreaves Lansdown update suggests clients bullish once more May 4, 2023 "Confidence" has returned, reckon bosses at the retail trading platform, in what could be a good sign for the UK economy at large
London Stock Exchange chief: FCA rule changes won’t stop the City’s decline on their own May 3, 2023 New rule changes designed to boost the appeal of UK capital markets are “just one element” of arresting the City’s decline, the chief of the London Stock Exchange warned today.
As FCA rewrites listing rules, another firm ditches London due to ‘regulatory burden’ May 3, 2023 A London-listing and the associated tangle of regulatory red tape inflict more pain on firms than benefits, an AIM-listed renewables firm said today, as it announced plans to ditch its quoted status in the City.
London listings: Watchdog proposes doing away with ‘standard’ and ‘premium’ segments May 2, 2023 The UK’s financial watchdog announced proposals to streamline listing rules in the UK as it seeks to make the UK market a more attractive destination for firms to list. The Financial Conduct Authority (FCA) acknowledged that the UK’s listing regime was seen by some as too complicated and has proposed merging the ‘standard’ and ‘premium’ [...]
Embattled Home REIT set to appoint investment adviser this week as field narrows to two May 2, 2023 Scandal-stricken social housing investor Home REIT is set to appoint a new investment manager this week as the field of potential suitors narrows to two, City A.M. has learned.
Pension funds haven’t triggered the UK’s stock market decline – it’s the economy, says top analyst group May 1, 2023 A dire outlook for the UK economy is the primary cause of the UK’s capital markets decline and the role of pension funds in causing the malaise has been “overstated”, a top analyst group has said.
Start of 2023 a disappointing vintage for fine wine investments – but new Bordeaux gives reason to cheer May 1, 2023 Fine wines stashed away in climate-controlled cellars may have been growing all the more delicious over the first few months of 2023. But price has proved more unpredictable.
Molten Ventures tech portfolio slumps nearly £200m – but it’s not all doom and gloom April 27, 2023 Listed venture vehicle Molten said the value of its holdings had slumped by more than £200m in the year to the end of March as high-growth tech firms are buffeted by an economic downturn.
Schroders calls in new finance chief as assets tick upwards April 27, 2023 Schroders has announced its finance chief Richard Keers will step down from the firm later in the year as it reported a bump in assets under management in the first quarter.
London Stock Exchange Group posts rise in profits as data division cashes in April 27, 2023 The London Stock Exchange Group said its “strategy continues to deliver” this morning as it shrugged off a slowdown in equity markets and notched a rise in profits in the first three months of the year. In a trading update today, the owner of the London Stock Exchange said gross profits had risen 13.9 per [...]