Pets at Home shares surge on takeover and watchdog rumours February 26, 2025 Pets at Home shares surged more than 14 per cent this morning as evidence grows that the UK’s competition watchdog is moving toward a positive conclusion for the industry, as well as speculation that private equity firm BC Partners was preparing a bid. A series of bidcos were registered on 24 February with pug in [...]
FTSE 100: Women on boards reaches almost 45 per cent February 25, 2025 FTSE 100 firms are making steps towards greater female representation with a new report revealing that 44.7 per cent of board seats are going to women. However, progress was much slower for executive positions, with women making up only 32.7 per cent of FTSE 100 executive committee roles, according to the latest FTSE Women Leaders [...]
Gusbourne: Wine maker faces delisting from London’s AIM as shares plummet February 10, 2025 Shares in Gusbourne dropped more than 34 per cent this morning after the English winemaker announced it would consider delisting from London’s junior stock market, AIM. In an announcement to the London Stock Exchange, Gusbourne said it had received a letter from majority shareholder Lord Ashcroft, requesting it to hold a meeting to consider going [...]
FTSE 100 surges to new high ahead of Bank of England vote February 6, 2025 The FTSE 100 has ticked up to another new all-time high this morning, ahead of the Bank of England’s decision over whether to cut interest rates later today. The FTSE 100 opened 0.8 per cent up this morning at 8,695.24, pushing the index just above the record 8,692 it achieved last week. The FTSE 100 [...]
UK fund investors give government’s growth plans a ‘clear thumbs down’ February 5, 2025 British investors continued to flee London’s stock market in January in a “clear thumbs down” to the government’s growth agenda, according to a closely watched funds survey. UK-focused equity funds shed some £1.07bn through January in the sixth worst month on record despite the FTSE 100 hitting an all-time high, according to data from funds [...]
St James’s Place and Next help FTSE 100 to another all-time high January 31, 2025 The FTSE 100 has hit another all-time high this morning, with the index up five per cent since the start of 2025. London’s main index rose 0.46 per cent this morning before dropping back slightly, while the more domestically focused FTSE 250 jumped 0.53 per cent. “Given the volatility this week on Wall Street as [...]
The FTSE 100 has hit another new high. Next stop 9,000? January 20, 2025 The FTSE 100 has hit another all-time high today of 8,548.59, the second time in two trading days the blue-chip index has hit a record. For the first time, the FTSE 100 passed the 8,500 barrier last week, off the back of hopes that the Bank of England might cut interest rates more aggressively than [...]
What is driving the FTSE 100 surge? January 17, 2025 The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent, outperforming the Nasdaq, the S&P 500, and the Dow Jones. The strong performance from the FTSE 100 came [...]
FTSE 100 hits all-time high as investors bet on interest rate cuts January 17, 2025 The FTSE 100 has hit a new all-time high this morning, surpassing the previous peaks it reached in spring last year, as investors ramp up their bets on an interest rate cut by the Bank of England next month. The value of London’s 100 largest listed companies has grown 3.2 per cent in the last [...]
Mining behemoths Rio Tinto and Glencore reportedly considered merger January 17, 2025 Mining giants Rio Tinto and Glencore reportedly discussed a merger last year. The two companies held discussions as late as October last year, but they didn’t progress further, as first reported by the Financial Times. A merger in full or in part of Glencore, with a market cap of £46.47bn and Rio Tinto, with £164.99bn, [...]