AIM to shed billions as market projected to shrink by a fifth May 28, 2025 London’s junior stock market is set to deepen its listing crisis as it heads towards its 30th birthday. The alternative investment market (AIM) is projected to have £12.3bn of market capitalisation, after 61 companies announced plans to ditch their listing. A combination of mergers, private equity takeovers, delistings in favour of private securities venues and [...]
UK fintech Starling’s profit tumbles as regulatory failings linger May 28, 2025 UK fintech veteran Starling recorded a drop in annual profit for the financial year as it battled with a more competitive fintech landscape and mounting costs. The neobank recorded £223m in pre-tax profit, which was down from £301m the previous year. This came as operating costs ramped up to £403m, from £332m, helping offset modest [...]
BGF’s £3bn pledge offers hope amid concerns over UK competitiveness May 28, 2025 The Business Growth Fund (BGF) has unveiled a £3bn commitment to back British businesses over the next five years which includes £500m earmarked for early stage start-ups in deep tech and life sciences. The organisation, which is one of the UK’s most prominent equity investors, has made the announcement at a pivotal time for the [...]
Firms ‘staying private for longer’ as listing drought set to continue, Baillie Gifford says May 27, 2025 British businesses are set to stay “private for longer” as a drought in IPOs shows no sign of coming to an end, an investor at Baillie Gifford has warned. Pater Singlehurst, head of private company investments at the Edinburgh-based business, said investors would need to regain trust in companies looking to list before any signs [...]
London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Mark Kleinman: Reeves’ City IPO push still lacks momentum May 22, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ City IPO push still lacks momentum It’s the City’s most oft-recurring question: how do you reverse the alarming decline in London’s attractiveness as a destination for IPOs? The bald statistics legitimise the urgency of the [...]
Analysts look to follow-on funding for London Stock Exchange IPO revival May 20, 2025 Amid a dearth of London Stock Exchange IPOs there’s one area where the UK is leading Europe, so-called secondary or follow-on fundraising. In 2024, London’s stock exchange fell to 35th in the world for money raised from IPOs, bringing in $576.7m (£459m), just 0.53 per cent of the global market. However, when including follow-on fundraising, the [...]
Revolut looks to France for major European expansion May 19, 2025 British-born digital bank Revolut has chosen Paris for its fresh Western Europe headquarters with a major €1bn investment. The fintech giant said it will create over 200 jobs in France, in what it calls the “largest investment in the French financial sector in a decade.” The firm has also applied for a French banking licence, [...]
iForex confirms London listing plans and adds City veteran to board May 19, 2025 Fintech trading platform iForex confirmed its plans for a London-lisiting on Monday morning in a major boost to the embattled market. The fintech said following an initial public offering (IPO) its shares will be traded on the main market of the London Stock Exchange. Its admission is expected in late June 2025. The firm – [...]
Zopa Bank: UK fintech raises £80m with its first LSE bond listing May 14, 2025 Zopa Bank has raised £80m in its first-ever London Stock Exchange bond listing as it gears up to launch current accounts. The fintech will transfer to an unlisted public company within six months following the transaction as it inches closer to the possibility of a float on the LSE. The oversubscribed fundraise was completed on the [...]