Activist investor pushing for M&C Saatchi break-up builds stake June 16, 2026 A notorious activist investment firm has added to its stake in M&C Saatchi in a move that brings it a step closer to orchestrating a break-up of one of Britain’s best-known advertising companies. Harwood Capital now owns more than eight per cent of the eponymous agency founded by advertising tycoons Maurice and Charles in 1995, [...]
SpaceX IPO could get wave of Brits back into equity markets, Peel Hunt boss says June 15, 2026 The success of the trillion-dollar SpaceX IPO could help drive a wave of fresh interest into investing in the stock market, the boss of one of London’s biggest brokers has said. The float, which raised a whopping $75bn (£56bn), included millions of shares allocated to UK retail investors thought to be worth around £271m, with [...]
As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off June 12, 2026 Welcome back to the City AM liveblog. Global equity investors are bracing for Musk’s record-breaking market debut SpaceX is set to begin trading on Nasdaq today after Elon Musk’s rocket, satellite and AI empire pulled off the largest IPO in market history. The company raised $75bn after pricing shares at $135, giving it a $1.77 [...]
‘Pendulum swung too far’: AIM hit with 222 delistings ahead of nomad changes June 11, 2026 More than two hundred companies have been forced off London’s junior stock market over the last two decades after losing their corporate adviser in a move that has sparked a regulatory pullback by the London Stock Exchange. Some 222 firms on the alternative investment market (AIM) market have de-listed in the last 20 years after [...]
Debenhams and Revolution unveil new beauty collaboration June 8, 2026 Fast-fashion retailer Debenhams has formalised a royalty-based licensing partnership with Revolution Beauty to develop and distribute beauty and fragrance products across Debenhams’ brand portfolio. The first collections are expected to launch ahead of Christmas, featuring fragrance and gifting lines for PrettyLittleThing, Karen Millen, and boohooMAN. While further beauty and fragrance launches are planned across a [...]
How Young’s is shrugging off hospitality gloom June 3, 2026 Like many of his Square Mile customers, Young’s boss Simon Dodd knows how to schmooze with booze. Three years ago, the listed pub chain exec invited rival Clive Watson, the founder of City Pub Group, for lunch at Smiths, the top-notch bar and grill atop Smithfield market, for a steak and a glass of wine. [...]
Landlords rush to protect income over Renters’ Rights Act fears June 1, 2026 Landlords are racing to protect their income in response to the government’s divisive Renters’ Rights Act, which banned no-fault evictions and fixed tenancies. Private landlords have been rushing to secure income protection and rent guarantees since the reforms became law at the start of May, according to an AIM-listed firm. Rent Guarantor said it saw [...]
Anglo Asian to keep Aim listing ‘under review’ in push to treble copper output May 27, 2026 An Azerbaijani miner has said it was keeping its listing on Aim under regular review as it seeks to evolve into a mid-market commodities group that is on course to more than treble its copper output over the coming year. Anglo Asian vice president Stephen Westhead told City AM that while the company was “currently [...]
The Works shares soar as families look for ‘screen-free’ fun May 21, 2026 Shares in The Works soared on Thursday morning after the retailer said growing demand for “screen-free” entertainment is driving up revenue. The Aim-listed stock jumped 11 per cent on early trading, to 60p, after it reported revenue growth of more than three per cent to £260m in the year to May. The retailer saw like-for-like [...]
Tortilla Mexican Grill admits multi-million accounting blunder May 19, 2026 Shares in Tortilla Mexican Grill tumbled in early trade on Tuesday after the firm admitted to a multi-million pound accounting blunder. The AIM-listed business said it identified £2.5m of spending in its French arm which was “not expensed through the profit and loss account,” meaning it previously overstated its profits for 2025 and in doing [...]