FTSE 100 Live: Nvidia invests in Revolut, M&C Saatchi, S4C shares tumble Markets Good morning from the City AM liveblog team. Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork [...]
London’s broken listings regime is pushing British firms out the door Opinion Every firm that abandons its London listing makes the next departure more likely, says Paul Scully During my four years as Minister for London, I championed our capital as a global business hub. I welcomed the work of the Treasury and the Financial Conduct Authority on reforms to make our markets more competitive. But as [...]
UK dividends fall as companies battle challenging economic backdrop Investing UK dividends tumbled in the third quarter of the financial year, as large companies made significant cuts to their shareholder payouts. According to the latest dividend monitor from financial services firm Computershare, London-listed firms paid their shareholders £24.6bn in the third quarter, through one off and regular payments. This was a 1.4 per cent year-on-year [...]
Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Anglo American boss sees future in London despite HQ move October 9, 2025 Anglo American has no plans to move its primary listing away from London once its megamerger with Canadian rival Teck is completed, its boss has said, despite the firm recently choosing to move its headquarters to Vancouver. Duncan Wanblad, who will eventually head up the future ‘Anglo Teck’ entity should the deal be green lit [...]
Blow to Anglo American as disruption at Teck mines leads to cut in production October 8, 2025 Anglo American’s planned merger with Canadian miner Tech Resources has suffered a setback after Teck admitted a series of issues with its mines that would lead to a cut in the production forecasts it had previously given shareholders. Following what Teck described as a “comprehensive operational review,” the company has slashed the upper end of [...]
Top Tory slams Anglo American’s move to relocate HQ to Canada September 9, 2025 Anglo American will merge with Canada’s Teck Resources in a $50bn (£36bn) deal, shifting its headquarters to Canada and reducing its London presence in a move criticised by shadow business secretary Andrew Griffith. The Tory MP said it represents a blow to UK business and confidence in London. The new entity, to be called Anglo [...]
Glencore shelves plans to move primary listing from London August 6, 2025 Glencore has scrapped plans to move its primary listing from London as part of a major overhaul to reverse its declining share price and stuttering production. Boss Gary Nagle confirmed on Wednesday the Anglo-Swiss commodities juggernaut was no longer assessing whether to move its main listing to New York, telling reporters it decided the move [...]
Metlen shares jump on £5bn London debut August 4, 2025 Metlen Energy and Metals had a strong first morning as a London Stock Exchange constituent, after the Greek industrials giant opted to shift its primary listing from Athens. The group’s shares opened at €48 (4180p) – 1.8 per cent higher than the stock’s closing price in Athens of €47.16 – and continued to rise throughout [...]
Anglo American: Revenue takes hit amid Trump tariff turmoil July 31, 2025 Anglo American’s revenue has taken a hit as tariff turmoil dented trading levels for the mining company. The FTSE 100 giant is taking a greater focus on copper but it has not escaped the threat of President Donald Trump’s threats on all commodities including the red metal. Late on Wednesday, the US president said he [...]