Rolls-Royce: FTSE 100 shares near record high May 14, 2025 The share price of FTSE 100 giant Rolls-Royce has passed a major milestone as its market capitalisation continues to edge closer to new heights. Shares in the Derby-headquartered group are now changing hands for more than 800p, a landmark price that it has only surpassed three times before in its history. Rolls-Royce first passed the [...]
Interactive Investor creates hundreds of jobs as trading booms May 14, 2025 Interactive Investor created almost 200 jobs as its profit increased to almost £90m last year, it has been revealed. The Manchester-headquartered company has posted a pre-tax profit of £89.7m for 2024, up from the £84.2m it achieved in 2023. New accounts filed with Companies House also show that its headcount rose from 726 to 919 [...]
Trading 212: UK revenue spikes as profit passes £50m May 13, 2025 Revenue at the UK arm of Trading 212 spiked last year as profit surged past the £50m mark, it has been revealed. New accounts filed with Companies House show the division achieved a revenue of £161.7m during 2024, up from the £104.1m it posted in the prior 12 months. Trading 212’s UK pre-tax profit also [...]
Aston Martin: PIF and Geely billionaire’s shares shift after investment May 12, 2025 The proportion of shares Saudi Arabia’s Public Investment Fund (PIF) and Chinese billionaire Shufu Li’s hold in luxury car brand Aston Martin has changed following a major shares issue. In March Yew Tree Consortium, which is led by chairman Lawrence Stroll, placed 75 million additional shares in the London-listed business. As a result, both the value of the [...]
UK IPO uptick offers hope for London Stock Exchange recovery May 12, 2025 A pair of UK companies have announced plans to list on the London Stock Exchange in a move which provides renewed hope that British capital markets can make a turnaround. Cobalt Holdings and Iforex have both confirmed their plans to list on the stock market, amid continued concerns over the falling number of IPOs (initial [...]
IAG: Share price of British Airways owner ‘significantly undervalued’ May 12, 2025 IAG’s share price has been dubbed “significantly undervalued” by analysts as flight numbers soar and the airline group shrugs off wider political and economic headwinds. British Airways’ parent company reported quarterly operating profit well-ahead of expectations last Friday as it unveiled an order for 53 new Airbus and Boeing aircraft. The bumper results came despite [...]
How Rachel Reeves could change the cash ISA May 12, 2025 News that Chancellor Rachel Reeves is preparing to launch a consultation on reforms to the ISA regime in the coming weeks has swept the City, re-kindling speculation of cuts to the cash ISA limit. In the Spring Statement earlier this year, Reeves confirmed that ISA reform was on the horizon, with changes to the regime [...]
Moneybox: Savings and investment platform gears up for possible IPO May 12, 2025 Savings and investment platform Moneybox is gearing up for a potential initial public offering (IPO) as it bolsters its boardroom with a new hire. The fintech has made a major signal it is working towards becoming a public company in the future with the appointment of Melissa Birge as an independent non-executive director. Birge has [...]
Bank of England interest rates cut ‘nailed on’ May 8, 2025 The Bank of England is “nailed on” to cut interest rates later today to 4.25 per cent, investors believe. City of London leaders are anxiously awaiting the Bank’s newest monetary policy decision, which is set to be unveiled at 12.02pm due to a two-minute silence to commemorate Victory in Europe day. Investment analysts have suggested [...]
Plus500 suffers huge shareholder revolt against top pay packets May 6, 2025 Plus500 has suffered another huge shareholder revolt against its remuneration report. At the London-listed company’s annual general meeting (AGM), more than 51 per cent of votes were cast against the report which was included in its recent annual report. At the AGM, more than 22 per cent of votes were also cast against the re-election [...]