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      UK fintech Zempler Bank gets snapped up for less than half its previous valuation

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IPO market

  • The FTSE 100’s good year masks a much deeper problem

    November 24, 2025

    The FTSE 100 has had a good year by recent standards. Up nearly 16 per cent, it has outperformed the S&P 500, Nasdaq, Stoxx 600 and Paris’s Cac. What’s more, three new listings in October even suggested that a well-documented dearth of IPOs was coming to an end. But a look below the surface shows [...]

  • UK spinout economy could be Reeves’ next growth lever

    November 19, 2025

    As Chancellor Rachel Reeves prepares to deliver her Autumn Budget, discussions of economic growth often centre on investment and fiscal levers. However, an arguably equally powerful driver of economic growth operates within the nation’s universities. Spinout ventures are turning ideas into viable businesses, attracting investment, generating high-skilled jobs and developing technologies with global reach. In [...]

  • Klarna shares fall as banking transformation triggers wider losses

    November 18, 2025

    Swedish fintech unicorn Klarna recorded steeper losses in the third-quarter as costs related to the firm’s transition to becoming a fully-fledged bank offset record revenue. The buy now, pay later firm – which has set its sights on becoming a digital bank – recorded a loss of $95m (£72m) for the three months ending 30 [...]

  • City execs plot new junior market to rival AIM

    November 10, 2025

    A group of City execs have laid out plans for a new small-cap market in a bid to rival the ailing AIM and rejuvenate London’s public markets. Former Boku boss Jon Prideaux and former AIM chief executive Martin Graham are understood to have approached investors over a £4m fundraising to launch the new exchange, known [...]

  • AI startups lead growth despite market jitters and IPO drought

    November 10, 2025

    AI firms have driven a 44 per cent increase in the combined value of the world’s top 100 private tech firms, even as concerns grow that the AI boom could be overheating and Britain’s startups warn of a worsening funding climate. According to new data from PwC, the total valuation of the global top 100 [...]

  • JD Wetherspoon ‘more cautious’ on outlook due to Budget uncertainty

    November 5, 2025

    JD Wetherspoon has said it has become “more cautious in its outlook” as Britain’s best-known pub chain braces for the prospect of further tax hikes at the Budget later this month. The firm, which operates around 800 pubs across the UK, reported a 3.7 per cent rise in like-for-like turnover for the 14 weeks to [...]

  • Autumn Budget: Reeves must cure British ‘pessimism’ disease 

    November 5, 2025

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of Peel Hunt urges Reeves to use the Budget to start the cure for British pessimism. As Rachel Reeves ruminates over which tax prescription to write to fill her fiscal black hole, [...]

  • Cindrigo shares lift as energy firm debuts on London’s main market

    October 31, 2025

    Energy developer Cindrigo today became the latest business to float on the London Stock Exchange, rounding off one of the busiest months for London listings in years after a prolonged drought. The Finnish business has joined the main market of the exchange after raising proceeds of £2.1m. The shares have been priced at 12p each, [...]

  • Princes Group prices London IPO at bottom end of range

    October 31, 2025

    Shares in Princes Group made their debut on the London Stock Exchange on Friday, rounding off a rare, busy month of listings for the British bourse after a prolonged drought.  The Liverpool-based business, which makes Branston beans, Batchelors peas and Napolina olive oil, had set its offer price at 475p, the bottom end of the [...]

  • Shawbrook shares jump in biggest City IPO debut of the year

    October 30, 2025

    Shares in specialist lender Shawbrook soared in early trading after the firm made its IPO debut in the City. The bank’s stock was up over six per cent in early trading to 393.43p. Shawbrook kicked off its London Stock Exchange float targeting a valuation just shy of £2bn with a listing price of 370p. “We [...]

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