IG Group launches UK derivatives platform June 11, 2024 IG Group has launched a platform in the UK providing US-listed options and futures trading called Tastytrade.
London listings to rebound from second half of 2024, broker predicts June 10, 2024 The UK's IPO market is starting to open up, according to a leading broker, as it eyes a rebound in listings from the second half of this year.
Meet the fund managers: Matthew Tillett on hunting for value June 10, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Matthew Tillett, manager of the Premier Miton UK Value Opportunities fund.
Abrdn chairman adds to growing calls to axe the share tax June 9, 2024 The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.
Labour to close tax loophole for thousands of private equity investors June 9, 2024 Labour is set to close a loophole that enables thousands of private equity investors to avoid paying income tax if it wins the general election.
UK investors cash out en masse after FTSE 100’s record rally June 6, 2024 Flows into equity funds cratered in May after a bumper ISA season, new data has shown, with investors charging out of UK stocks after a record-setting FTSE 100 rally.
Robinhood UK chief: Our Gamestop customers have ‘matured’ June 6, 2024 Robinhood's UK chief Jordan Sinclair says the company has been through a period of "growing up".
Inside the collapse of Baillie Gifford’s literary sponsorships June 5, 2024 Baillie Gifford has been met with boycotts due to its investments in fossil fuels and firms operating in Israel, leading to the end of its sponsorship of Edinburgh Book Festival.
Why Scottish Mortgage trust is selling Nvidia June 5, 2024 Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]
Bosses at Home REIT charity tenant paid their own firms £1.2m prior to collapse June 5, 2024 Two bosses from one of Home REIT’s biggest charity tenants made “unauthorised” payments of nearly £1.2m to their own companies before it collapsed into administration, City A.M. can reveal.