Wizz Air passengers surge despite engine dispute January 3, 2025 Wizz Air passengers jumped above five million in December 2024, a two per cent increase from last year, even as the company was forced to ground dozens of its planes due to engine issues. The FTSE 250 carrier reported 5.06m customers throughout last month, despite a 3.1 per cent drop in seats from last December [...]
FTSE 100 climbs into the green on the back of weaker pound January 2, 2025 The shaky start comes amid widespread uncertainty about the path for the global economy in the new year.
FTSE 100 records best performance since 2021 December 31, 2024 The FTSE 100 returned just 5.8 per cent in 2024, despite a last-minute selloff in the final weeks of December. Despite hopes of a ‘Santa rally’ in December, the FTSE fell 1.7 per cent in the month. However, this will be its best year since 2021. That year, the blue-chip index returned 14.3 per cent, [...]
Why Raspberry Pi had a FTSE Christmas boost December 27, 2024 Raspberry Pi has held up the FTSE 250 on the first trading day after Christmas, with its stock price surging as much as 18 per cent today, pushing it to become a £1bn company. The Cambridge-based tech firm’s share price had been languishing just below £4 since the firm floated on the London Stock Exchange [...]
FTSE 100 logs worst week in more than a year December 21, 2024 The FTSE 100 touched a more than one-month low on Friday and logged its sharpest drop since October 2023 for a week filled with a raft of central bank policy decisions. The FTSE 100 dropped 0.3 per cent, hitting its lowest since 13 November, though the mid-cap FTSE 250 was up 0.3 per cent, after [...]
Outsourcing giant Serco: Shares spike as business pipeline “at its best for a decade” December 19, 2024 British outsourcing giant Serco has said that its pipeline of business opportunities is at its strongest in over a decade thanks to a boost from North American defence contracts. Shares subsequently spiked more this seven per cent in early trades. The FTSE 250 firm told markets this morning that underlying operating profit was £270m in 2024, [...]
Chemring shares plunge despite record orders December 17, 2024 Chemring shares plunged on Tuesday as production and foreign exchange headwinds dented investor confidence despite booming orders. The FTSE 250 British defence contractor’s order book reached a record £1.04bn in 2024, meaning more than two-thirds of next year’s revenue forecast is already covered. Such soaring demand saw Chemring double down on a target of reaching [...]
Investor calls for Johnson Matthey to explore sale after shares slump December 16, 2024 Standard said it believed in the "unique value of JM," but warned a "massive credbility gap" had emerged with investors and the broader market.
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 [...]