Advertising giants’ share prices tumble as Big Tech swallows up ad spend November 24, 2025 The scale of the difficulties facing the advertising market was laid bare on Monday after two London-listed industry titans saw their share prices plummet after they slashed profit and sales expectations. M&C Saatchi’s share price tumbled a staggering 11.9 per cent to 111p, with shares down 36.9 per cent this year to date, while shares [...]
Crispin Odey places gold investment firm into liquidation November 13, 2025 Disgraced financier Crispin Odey has placed a gold investment firm he controlled into liquidation, City AM can reveal. Tri-Star Resources, which owned a stake in an antimony and gold production facility in Oman known as SPMP, is to be wound up amid “serious concerns” over the viability of the project. Odey was the sole director [...]
City execs plot new junior market to rival AIM November 10, 2025 A group of City execs have laid out plans for a new small-cap market in a bid to rival the ailing AIM and rejuvenate London’s public markets. Former Boku boss Jon Prideaux and former AIM chief executive Martin Graham are understood to have approached investors over a £4m fundraising to launch the new exchange, known [...]
FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall November 4, 2025 Welcome back to City AM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]
Mining boss: Journey from Aim to main market ‘too difficult’ October 28, 2025 The mining boss behind the London main market’s newest member has said his firm would not have transferred from Aim had he known how complicated the process would be, despite the junior market partly existing to act as a stepping stone to London’s principal exchange. Cobus Loots, the chief executive of South African-based gold miner [...]
Prize draw operator Winvia plots London float October 20, 2025 The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares at an expected valuation of around £200m. Winvia [...]
A harmful budget risks shattering IPO revival, Cavendish chief warns October 13, 2025 The boss of a London-listed investment bank has warned Rachel Reeves must be “careful” her budget policies do not damage the recuperating IPO market. Speaking to City AM at City & Financial Global’s Capital Markets Summit, Julian Morse, chief executive of Cavendish, said: “The main driver [of the IPO market] is the economy, so if [...]
Crispin Odey, Michael Jackson, Sara Murray and the secret offshore trusts October 10, 2025 A question: What connects disgraced financier Crispin Odey with serial tech entrepreneur Sara Murray? For one thing, they’ve both been ousted by their own companies – a rare, noteworthy feat. For Odey, it was from his eponymous Odey Asset Management, following an investigation by the FT into allegations of sexual misconduct. For Murray, it was [...]
Big Technologies board made ‘outrageous allegations’ about me, says ousted founder October 9, 2025 The founder of a London-listed tech firm has hit back after she was ousted by her own board, describing misconduct allegations levelled against her as “outrageous.” In a rare public intervention following her dismissal from Big Technologies earlier this year, Sara Murray told City AM she felt shareholders “are just fed up with the decisions [...]
LadBible founder rakes in over £40m as shares rise September 29, 2025 The chief executive and co-founder of LadBible has raked in more than £40m through his investment vehicle which is a major shareholder in the online publisher. Alexander “Solly” Solomou set up the Manchester-based company in 2012 alongside Arian Kalantari. The group floated on the London Stock Exchange’s AIM at the end of 2021 while its [...]