Premier Miton: Asset manager faces tariff strain May 29, 2025 AIM-listed fund manager Premier Miton recorded a drop in its assets for the first half of the financial year, citing “investor caution, particularly toward UK and European equity strategies”. The firm’s assets under management dropped to £10.2bn, compared to £10.7bn in September 2024. Net outflows jumped to £254m, a sharp increase from £46m for the same [...]
AIM to shed billions as market projected to shrink by a fifth May 28, 2025 London’s junior stock market is set to deepen its listing crisis as it heads towards its 30th birthday. The alternative investment market (AIM) is projected to have £12.3bn of market capitalisation, after 61 companies announced plans to ditch their listing. A combination of mergers, private equity takeovers, delistings in favour of private securities venues and [...]
HSBC cuts more investment bank roles in latest European retreat May 27, 2025 HSBC has reportedly given more than two dozen analysts in its investment banking division the chop as the bank’s boss presses on with his sweeping overhaul. The firm’s cuts primarily focused on Europe, where the lender has continuously signalled a winding down of operations. The banking juggernaut slashed ten per cent of its work force [...]
FTSE 100 nears record high but Trump threat lingers May 27, 2025 The FTSE 100’s latest rally has put it inches away from sealing an all-time high but another tariff twist from the White House threatens the record. The UK’s flagship index was up one per cent to around 8,800p during midday trading on Tuesday as it reversed Friday’s losses made after Trump threatened the European Union [...]
Rolls-Royce: How high could FTSE 100 giant’s shares go? May 24, 2025 Rolls-Royce, the British icon which has become a darling of the FTSE 100 post-pandemic, is showing no signs of disappointing investors as its market capitalisation passed the £70bn mark for the first time in its history. The milestone means that long-term investors are also guaranteed a huge return if they ever decided to sell, but [...]
London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Rolls-Royce now worth over £70bn as FTSE 100 shares climb May 23, 2025 Rolls-Royce is now worth more than £70bn after shares in the FTSE 100 giant continued their remarkable comeback. Shares in the Derby-headquartered group ended Thursday, 22 May, priced at 839p which has given it a market capitalisation of £71bn. This is the first time in Rolls-Royce’s history that it has passed the £70bn valuation mark [...]
Pepco to sell off Poundland business by September – for £1 May 22, 2025 Discount giant Pepco is set to sell its Poundland business by September as the brand struggles with high costs and low sales. In an update to markets this morning, Pepco said Poundland continued to see “challenging trading conditions” with revenue down 6.5 per cent in the first half of the year. The discount chain now [...]
Diploma: Shares in FTSE 100 firm rocket after profit upgrade May 20, 2025 Shares in FTSE 100 firm Diploma rocketed on Tuesday after the firm upgraded full-year guidance and delivered a strong performance for the first six months of its financial year. In its half-year report, the company, which distributes specialised technical products and services, noted a 14 per cent jump in revenue to £728.5m. Organic revenue growth [...]
Natwest: Government set to sell stake in FTSE 100 giant by June May 16, 2025 The UK government is on track to sell its remaining stake in FTSE 100 lender Natwest as soon as next month after it accelerated the sell-down of its holdings. The Treasury’s share of the FTSE 100 lender is one of British banking’s longest-running sagas, dating back to the 2008 financial crisis. Natwest, then under the [...]