Wickes jumps up to FTSE 250 as National Express owner axed Business Wickes is set to be promoted to the FTSE 250 amid a reshuffle by the London Stock Exchange, while firms such as Mobico, the owner of National Express, and Ferrexpo are expected to be relegated. Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching [...]
AIM-pocalypse: Number of £1bn firms on junior market falls to nine-year low Investing Only six companies listed on London’s junior market AIM are worth more than £1bn, the lowest level for the exchange in nine years. The number of companies worth over £1bn has dropped by 80 per cent since the start of 2022 and almost halved over the last year, according to data from the London Stock [...]
Revolut, Interactive Investor and Abcam: Britain’s venture capital success stories Investing This week, Revolut made headlines when it emerged that early investors in the fintech had been offered an opportunity to cash out with returns of up to 400 times their initial investment. The news arrived in the same week venture capital trusts celebrated their 30th anniversary of backing British startups. Revolut used crowdfunding rather than [...]
Gamma Communications eyes move from AIM to FTSE 250 September 10, 2024 Gamma Communications, the UK-based business call services provider, is considering a move to the London Stock Exchange’s Main Market following a strong set of interim results which could potentially see the company moving from AIM to the FTSE 250 Index. Shares in Gamma surged by as much as 10 per cent in early trading on [...]
Growing comms agency picks up Texan investment as part of scaling push April 19, 2024 A US-based investor in data-led firms has made its first investment outside of its home country in London-headquartered strategic comms agency Williams Nicolson.
Gamma Communications hikes dividend and kicks off buyback as chief hails European business growth March 25, 2024 Gamma Communications has hiked its dividend. Its CEO was particularly pleased with growth in the European business.