I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
2025 will be a year of green shoots for the City December 12, 2024 Changing mood music should gradually shift sentiment in London’s favour – and with the fire power of pension funds 2025 could be a better year than the City has seen in a while, says Steven Fine In New York, investors are in bullish form. I met one very well-known player recently who nearly knocked me [...]
FTSE bosses should be paid like top footballers, says ICAP founder December 11, 2024 Bosses of London-listed firms should be paid like the best footballers without facing a backlash, Michael Spencer has argued. The founder of brokerage ICAP and former Conservative party Treasurer said that to attract top talent to run major companies, the UK needed to tackle the “political hot potato” of FTSE bosses’ pay. “We don’t mind [...]
Firstgroup re-enters London bus market with £90m acquisition December 10, 2024 Firstgroup said on Tuesday it had signed a £90m deal to take RATP London off the hands off its French owner.
FTSE 100 rises as Assad’s overthrow in Syria drives oil prices higher December 9, 2024 The FTSE 100 ticked up on Monday morning as oil prices jumped after rebels overthrew the regime of Syrian President Bashar al-Assad over the week. Britain’s blue-chip index gained 0.28 per cent to 8,331.88, while the mid-cap FTSE 250, which is more closely aligned with the health of the UK economy, traded mostly flat at 21,047.56. Brent [...]
Inside one fund’s £20,000 bet against Fundsmith December 9, 2024 Mark Ellis, manager of the Nutshell Growth fund, is on the brink of winning £20,000 for his boss in an unusual way. Ellis spoke to City AM following the news that City grandee Michael Spencer had become chair of his firm, Nutshell Asset Management, while upping his stake in the business from 25 per cent [...]
Balfour Beatty forecasts higher profit as boss hails global reach December 5, 2024 Balfour Beatty said it expects post-tax profit to be ahead of last year's £205m and "slightly" ahead of a consensus figure of £209m.
AJ Bell: Firm kicks off buyback as revenue hits record December 5, 2024 AJ Bell kicked off a £30m share buyback this morning as the investment platform reported record financial performance, with revenue shooting up 23 per cent.oc In its final results for the year ended 30 September 2024, the FTSE 250 firm reported a 29 per cent jump in profit before tax to £113.3m as it benefitted [...]
How Abrdn became the most shorted company in the UK December 3, 2024 Abrdn is now the most shorted company in the UK, as the Edinburgh-based asset manager has struggled to convince the market it has staying power in the industry. The FTSE 250 fundhouse has been a perennial member of the most shorted stocks for a while, but has succeeded in taking the top spot thanks to [...]
Direct Line shares surge after £3.3bn Aviva takeover approach November 28, 2024 Shares in Direct Line surged as much as 40 per cent on Thursday morning after the insurer rejected a £3.3bn takeover approach from larger rival Aviva.
Aston Martin raises £210m following profit warnings November 27, 2024 Falling demand in China, delivery delays and the wider push into electric vehicles (EVs) have hit Aston Martin shares over the last year.