Macquarie ups stake in Argentex founder’s fintech as it clinches licence Fintech Macquarie has built up its stake in a London-based foreign exchange fintech after the firm clinched a new permit from the City watchdog. The financial services giant has increased its holdings in Tenora to 33 per cent. It follows the fintech bagging Macquaire’s investment last summer in fundraise that valued the start-up at £15m. The [...]
IForex shares lift after trading platform makes London Stock Exchange debut Markets Shares in iForex popped after the firm became the latest fintech to debut on the London Stock Exchange. The stock rose as much as 6.4 per cent to 207.5p by the end of its inaugural trading session on Wednesday. It had floated on London’s main market at an offer price of 195p, implying a market [...]
Sterling surges to highest in four years amid dollar weakness Markets Sterling touched its highest level against the dollar in four years on Tuesday as selling pressure on the greenback intensified. The pound was trading at $1.376, its highest level since 2021, while the euro also rose to multi-year highs on Tuesday afternoon, continuing a poor run for the dollar. In January alone the dollar index [...]
Smart strategies for managing currency volatility during budgeting November 13, 2025 Ongoing turbulence in foreign exchange markets – driven by fiscal policy, global tariffs and geopolitical uncertainty – continues to challenge UK business leaders as they set their 2026 budgets. Sharp shifts in currency markets can quickly derail even the most carefully planned budgets, and this year leaders are facing an exceptional period of instability. Volatility [...]