Small cap tech firm quits LSE to cut costs in latest market blow Markets Small-cap semiconductor firm Nanoco Group is quitting the London Stock Exchange in a bid to save £700,000 a year, in the latest setback for Britain’s struggling public markets. The Manchester-based tech business said the annual costs of maintaining its listing had become too burdensome for a company of its size, as it blamed weak liquidity [...]
Moneybox profit slides as wealth manager bets on ‘high levels of automation’ Fintech Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]
Poor investor communication is holding back Britain’s listed companies Investing UK-listed companies are losing the confidence of retail investors, as shareholders complain of weak communication, poor transparency, and limited access to chief executives, according to new research from InvestorHub and ShareSoc. More than half of investors surveyed said transparency was missing from company communications, while almost half said listed businesses failed to provide sufficiently clear [...]
Starling’s profit slides as falling interest rates bite May 21, 2026 Starling’s profit took a dip in the latest financial year as the lower interest rate environment took a chunk out of the digital bank’s bottom line. The UK fintech notched a £217m pre-tax profit, down three per cent from the £223m secured in the prior year. This came as revenue slipped 5.6 per cent to [...]
Goldman Sachs lands lead role on SpaceX’s record $1.75 trillion IPO May 20, 2026 SpaceX is preparing to launch what could become the largest stock market flotation in history, after Goldman Sachs secured the coveted lead left underwriting role on a proposed $75bn initial public offering. The Elon Musk-led rocket, satellite and AI group is expected to publish its prospectus as early as Wednesday ahead of a planned Nasdaq [...]
UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
Blackrock eyes SpaceX stake as Musk pulls IPO forward to June May 17, 2026 Elon Musk is pulling SpaceX’s long-awaited stock market debut forward as BlackRock weighs a major investment in what could become the largest IPO ever attempted. The rocket and satellite giant is now expected to price its flotation on 11 June before beginning trading on Nasdaq the following day under the ticker SPCX, according to Bloomberg. [...]
Klarna swings back to profit after delivering second $1bn quarter May 14, 2026 Klarna has sealed its first quarterly profit since its blockbuster IPO last year as the firm’s cost-cutting pays off. The Swedish fintech unicorn booked a $17m profit in the first quarter of the year, marking a swing from a $90m loss in the prior year. The return to the black was driven by a 44 [...]
Paddy Power owner’s London exit fears mount as shares slide May 8, 2026 Flutter Entertainment is facing fresh scrutiny after analysts warned the gambling giant’s battered share price is effectively “pricing in zero US growth”, as fears mount over a potential full London Stock Exchange exit. The Paddy Power and FanDuel owner has come under renewed pressure after cutting guidance despite posting stronger quarterly revenues, with investors increasingly [...]
Power Probe launches dividend bonanza after growth surge April 27, 2026 One of the newest members of AIM is gearing up for a dividend bonanza just months after its London IPO. North Carolina-based Power Probe, which makes power tools for the motor industry and debuted on AIM in December, raising $15m (£11.1m), declared an initial dividend of 1.6per share on Monday. The firm, founded in California [...]