FTSE 100 close: Inflation shock drags London index lower as real estate firms lead losses April 19, 2023 London’s FTSE 100 slipped today as investors took fright at UK inflation topping forecasts to stay in the double digits last month. The capital’s premier index shed 0.13 per cent to drop to 7,898.78 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.49 [...]
Fintech Plus500 sees earnings double as London listed firm pushes on with US expansion April 19, 2023 Fintech firm Plus500 reported a surge in revenues to start the year today as it continued to push into the US and boost the amount of retail traders on its platform.
Asset manager Liontrust in talks to buy Swiss rival GAM April 18, 2023 London-listed asset manager Liontrust is in talks to snap up its Swiss rival GAM Holding, the firms confirmed today.
FTSE 100 close: China economy growth spurt jolts London miners higher April 18, 2023 London’s FTSE 100 bumped upwards again today, boosted by stronger than expected Chinese economic growth boosting sentiment toward the capital’s biggest listed industrial giants. The capital’s premier index climbed 0.38 per cent to 7,909.43 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, was broadly [...]
Dealmakers League: Top M&A Investment Bankers & Lawyers in the UK April 18, 2023 | City Talk By Datasite Who’s leading the pack in the UK among M&A investment bankers and lawyers? Datasite’s Dealmakers League, in partnership with MergerLinks, identifies the top M&A professionals, based on announced transactions they were involved in, across various regions, in 2022. In the UK, the top ten M&A investment bankers came from eight different firms, with [...]
London pair defy odds to grow clothing company April 18, 2023 | Sponsored Nwanne Maduanusi was on the bus when she had the idea that would become Simply Asoebi. “I used to make earrings and thought, ‘oooh it would be nice to include my earrings inside asoebi packages’”, she says. Then she messaged her friend, Moyo Castano, and they decided to go into business together. “Asoebi” is a [...]
FTSE 100 close: THG skyrockets 40 per cent while miners edge London index higher April 17, 2023 London’s FTSE 100 kicked off a fresh week in muted fashion today, inched higher by investors snapping up shares in mining giants, while fashion firm THG skyrocketed more than 40 per cent on mounting takeover rumours. The capital’s premier index added 0.1 per cent to close at 7,879.52 points, while the domestically-focused mid-cap FTSE 250 [...]
UK inflation poised to slip out of the double digits for first time since last summer April 16, 2023 UK inflation is poised to slip out of the double digits for the first time since last summer in what could be the beginning of the cost of living crisis gradually releasing its grip on families over the rest of the year. Official figures from the Office for National Statistics (ONS) on Wednesday are expected [...]
Federal Reserve green lights UBS-Credit Suisse deal in US April 15, 2023 The Federal Reserve's Board of Governors on Friday said it has approved UBS Group AG's acquisition of the U.S. subsidiaries of Credit Suisse, clearing another major hurdle for the completion of the Swiss-brokered rescue deal.
FTSE 100 live: London markets make small gains with retailers in focus as sterling stays strong April 14, 2023 Markets opened marginally higher on Friday with a mixed performance from retailers while the pound continued to strengthen as investors increasingly expect the Fed to start cutting rates across the pond. The FTSE 100 opened 0.20 per cent higher at 7,859.58, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health [...]