Onthemarket shares leap 53 per cent after £99m takeover deal as rival Rightmove falls October 19, 2023 Onthemarket shares made their biggest one-day jump on record after the UK property portal was snapped up by American commercial property giant Costar in a £99m deal, while rival Rightmove slumped. The London-listed stock rose as much as 53 per cent on Thursday morning to 108p. The takeover is the latest in a series of [...]
Schroders: Assets slide as volatile markets weigh on investor appetite October 19, 2023 Schroders revealed a slump in its managed assets today as investors fled the market amid sustained volatility over the summer.
London Stock Exchange Group eyes bumper year despite sluggish IPO market October 19, 2023 The London Stock Exchange Group said it was on track to hit the top end of its forecasts for the year this morning after income ticked up over the summer despite a slump at its flagship exchange.
Lord Mayor Nicholas Lyons: I will miss doing this, but I’ll love being out of the public eye October 19, 2023 The Lord Mayor of the City of London Nicholas Lyons is due to end his time in office next month. He has spearheaded pension reform in his time at Mansion House..
FTSE 100 close: London markets dip sharply after inflation remains stagnant in September October 18, 2023 Markets were uneasy after new figures showed that inflation had not budged in September after August's surprise fall.
Using AI Technology to Execute a Serial Acquisition Strategy October 17, 2023 | City Talk To build a successful rollup, experienced dealmakers need to develop and operate a scalable, repeatable M&A playbook that includes due diligence. In fact, due diligence tends to be one of the most expensive stages in a dealmaking process, costing anywhere between $50K and $200K+ per acquisition, depending on the deal size. While M&A activity has [...]
Oil markets await fresh signals ahead of Biden’s visit to Israel October 17, 2023 Oil prices have risen slightly on both major benchmarks with investors awaiting fresh signals amid sustained geopolitical uncertainty.
FTSE 100 close: Easing in wage growth gives London markets a lift October 17, 2023 London's FTSE indexes climbed in early trade after new figures from the Official for National Statistics showed that pay growth was beginning to ease.
Gold prices slide as investors await further clues in volatile markets October 16, 2023 Gold prices dipped in today's trading as investors braced for future market signals amid the ongoing Israel-Hamas war.
FTSE 100 close: London markets lifted by higher oil and gas prices October 16, 2023 Geopolitical uncertainty has impacted markets over the past week.