FTSE 100 today: London markets brace for cautious trading ahead of US inflation and election June 26, 2024 Asian markets traded mixed despite Wall Street closing higher, with Nvidia climbing over 6 per cent. Focus on US new home sales.
City boss: Labour backs fintech, but must urge pension funds to invest more in Britain June 25, 2024 Labour are backing the UK fintech industry but could turbocharge the sector by pushing pension funds to invest in Britain, Tim Levene said.
Next government will have to increase taxes ‘aggressively’ or ‘do a Liz Truss’ June 25, 2024 UK government debt could be at risk of a sell-off if the next government needs to increase borrowing by more than expected, a major investor in gilts has warned.
Shein files papers for £52bn London listing – reports June 25, 2024 Shein has confidentially filed papers for an initial public offering on the London Stock Exchange, according to reports.
City rounds on pension schemes over attempt to derail FCA listing changes June 25, 2024 City figures have rounded on a group of top pension schemes after they mounted a last ditch attempt to derail the Financial Conduct Authority’s shake-up of listing rules last week.
FTSE 100 today: London markets set for muted open ahead of US PCE inflation June 25, 2024 Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.
ABN Amro charm offensive drove London Tunnels to ditch the City June 24, 2024 City tourism company London Tunnels decided to snub the capital for its listing after a lack of interest from UK investment banks and a charm offensive from Dutch adviser ABN Amro.
Magners Cider maker C&C pushed to go private by activist investor June 24, 2024 Magners Cider maker C&C Group has been targeted by activist investor Engine Capital, demanding a strategic review process that could lead to the business falling into private hands.
Yen on brink of breaching ‘psychological barrier’ as Bank of Japan poised to intervene June 24, 2024 The Japanese yen is at risk of passing the psychological barrier of 160 per dollar as markets prepare for the country's central bank to intervene in an effect to prop up the currency, as it has in the past.
Vanguard chief economist: UK economy primed for success regardless of election winner June 24, 2024 The UK is primed to surge to success into next year regardless of who wins the election, Vanguard's top economist has said.