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      If international rugby’s fatal flaw is not financial, what is it?

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IPO market

  • 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 [...]

  • Monzo names new chief as London becomes top IPO choice

    October 30, 2025

    Digital banking giant Monzo has tapped an Astrazeneca board member as its new chief executive as the firm lays the ground for a blockbuster public listing. The London-based fintech is set to replace TS Anil, who has led the bank for the last five years, with Diana Layfield. Anil will step down as part of [...]

  • OpenAI eyes $1 trillion IPO as soon as 2026

    October 30, 2025

    OpenAI has begun preparations for a blockbuster float that could see the tech juggernaut valued at as much as $1 trillion (£750bn). The ChatGPT maker is understood to be considering filing IPO paperwork as soon as the second half of 2026, with the listing taking place later that year or early the following year. OpenAI [...]

  • Rachel Reeves launches ‘Scale-up Unit’ in bid to woo fintechs

    October 24, 2025

    Rachel Reeves will today launch the Treasury’s latest initiative to woo the UK fintech sector with the introduction of a “Scale-Up Unit”. In a visit to Leeds, the Chancellor will pledge to “super charge” UK innovation with the new body, which will be jointly led by the financing and banking watchdogs. The service will first [...]

  • Prize draw operator Winvia plots London float

    October 20, 2025

    The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares at an expected valuation of around £200m. Winvia [...]

  • A harmful budget risks shattering IPO revival, Cavendish chief warns

    October 13, 2025

    The boss of a London-listed investment bank has warned Rachel Reeves must be “careful” her budget policies do not damage the recuperating IPO market. Speaking to City AM at City & Financial Global’s Capital Markets Summit, Julian Morse, chief executive of Cavendish, said: “The main driver [of the IPO market] is the economy, so if [...]

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