Newly listed Smarter Web Company share price plummets amid Bitcoin fall Business One of the London Stock Exchange’s newest members have suffered a staggering drop in its share price after becoming embroiled in the early morning Bitcoin plunge. The Smarter Web company, which listed on London’s main market just three days ago, suffered a 22.5 per cent drop in early morning trading to 31.25 pence. Since listing [...]
Bitcoin falls to lowest level as big tech sell-off intensifies Investing The price of Bitcoin has fallen to its lowest level in 15 years amid the sweeping tech sell-off and nomination of a ‘hawkish’ Fed chair. A single bitcoin is now roughly worth $64,657 (£47,657), the lowest level since October 2024, with the price plummeting 24 per cent since the start of the year. The price [...]
Quality over quantity: UK M&A volume slips but deal value climbs Merger/Acquisition UK merger and acquisition deal value increased last year despite a fall in volumes as investors turned their focus to acquiring fewer, higher-quality assets. The total number of UK deals fell 12 per cent year on year to 2,991, down from 3,411 in 2024, according to the latest industry trends data from PwC. But overall [...]
Wealthy London boroughs see house prices plummet amid Budget speculation January 21, 2026 Inner London house prices plummeted at their fastest pace since the global financial crisis in November, after property taxes speculation in the lead up to the Autumn Budget and affordability constraints damaged market activity. The 4.6 per cent year on year drop of house prices in the capital in November followed a 4.3 per cent [...]
Wetherspoon shares sink after business rates knock profit January 21, 2026 Wetherspoon shares slumped on Wednesday after the pub giant laid bare the scale of the financial hit from November’s tax-raising Budget. The FTSE 250 member said cost rises across energy, wages, repairs and business rates had put up costs by a staggering £45m in the 25 weeks to mid-January. That would imply a cost rise [...]
GSK to acquire US biotech group for $2.2bn January 20, 2026 FTSE 100 giant GSK has reached an agreement to acquire US based biotech group Rapt Therapeutics. The deal values the company, which develops therapies for treating people with inflammatory and immunologic diseases, at $2.2bn (£1.6bn), and marks the first major deal for new GSK chief executive Luke Miels, coming just weeks after he took charge [...]
UK retains investment appeal but CEO confidence falters January 19, 2026 The UK has strengthened its position as a global investment hub over the last twelve months, as it works to offset competition from other countries. Britain remained the second-most attractive destination for international investment for chief executives last year, according to the latest survey from PwC, but now shares the position with Germany and India. [...]
Why does no one want to buy Costa Coffee? January 15, 2026 The coffee’s gone cold and the milk has soured for the once dominant high street staple Costa, as owner Coca-Cola struggles to find a buyer to take the chain off its hands. The US beverage giant suspended talks with remaining bidders earlier this week, blaming the decision on low offers, bringing the months-long auction process [...]
Oxford Biomedica share prices jumps after takeover talks January 15, 2026 Oxford Biomedica’s share price has rocketed in early morning trading after Swedish private equity firm EQT entered takeover talks for the gene and cell therapy group. Shares jumped 10.65 per cent to 889 pence, with shares rocketing 121.4 per cent over the past year. The FTSE 250 company said it has received an unsolicited approach [...]
Coca-Cola abandons Costa Coffee sale plans as Asda owner bids low January 14, 2026 US beverage giant Coca-Cola has reportedly scrapped plans to sell the world’s second-largest coffee chain after offers from private equity firms came in below expectations. The company brought talks with remaining bidders for Costa Coffee to a halt in December, ending an auction process which had lasted several months, according to the Financial Times. Sources [...]