‘It’s a desert out there’: London sinks to 23rd in IPO venue rankings September 30, 2025 The pace with which London is losing its status as a global financial markets hub has been laid bare after the capital fell to as low as 23rd in a global ranking of IPO destinations. Just £184m was raised on the London Stock Exchange in the first nine months of the year, a far cry from [...]
Wise mulls UK banking licence after ditching London listing September 1, 2025 Money transfer firm Wise is looking into a UK banking license following the fintech ditching its primary listing on the London stock market earlier this year. The company has reached out to financial services heavyweights in the last two months regarding roles related to starting a banking business in the UK, according to The Times. [...]
FTSE 100 reshuffle: Metlen to oust Taylor Wimpey August 28, 2025 A number of FTSE 100 constituents are set to find their spot at risk as the index heads towards a reshuffle. Metlen Energy and Metals, which switched its primary listing from Athens to London, is expected to capture a spot on London’s flagship stock exchange in the September reshuffle. The industrial firm has a market [...]
Double delisting fears hit London Stock Exchange August 27, 2025 Fears of a London Stock Exchange exodus were reignited once more on Wednesday as two firms prepared to quit the London market. Credit and legal services firm Anexo Group laid out plans to delist from the Alternative Investment Market (AIM) after citing the costs of being a publicly traded company and lack of investor interest. [...]
Wall Street ‘mocks’ idea of London listing, fintech boss says August 26, 2025 The founder of one of Britain’s fasest-growing fintech firms has said Wall Street “mocks” the idea of a London Stock Exchange listing. Barney Hussey-Yeo, chief executive of Cleo, said the head of investment banking at a global bank had “laughed” at the notion of his company listing in London. He added they had “assumed” Cleo, [...]
Zilch hikes provisions amid ‘record year’ for customer growth August 13, 2025 UK fintech Zilch raised its provisions for losses in the last year as demand for buy now, pay later services ballooned. The London-headquartered firm raised provisions for credit losses – funds set aside to cover estimated losses from failed repayments – to £27.4m – a 116 per cent jump from £12.7m the year prior. Credit [...]
UK fintech investment slumps despite push from Rachel Reeves August 11, 2025 Fintech investment across the UK suffered another downturn in the first half of the year despite Chancellor Rachel Reeves’ bold ambitions for the sector. Total UK fintech investment fell to $7.2bn (£5.36bn) – a drop of five per cent from the same period in 2024. The decline, revealed in KPMG’s bi-annual Pulse of Fintech report, [...]
Flutter: Paddy Power owner books record quarter August 8, 2025 Online betting giant Flutter hiked its full-year profit guidance for 2025 after a record quarter driven by business in the US. The world’s largest online sports betting operator recorded a 16 per cent rise in revenue to $4.2bn (£3.12bn) in the three months to June 30. Meanwhile, earnings jumped 25 per cent to $919m. FanDuel [...]
Shawbrook expands loan book ahead of mooted London float August 7, 2025 Specialist lender Shawbrook expanded its loan book in the first half of the year helping profit soar. The bank – which is owned by private equity firm Pollen Street Capital – recorded a 35 per cent jump in profit before tax to £168.6m as its loan book grew 14 per cent to £17bn. Deposits were [...]
Exclusive: Airwallex to bulk up UK workforce after rapid growth July 30, 2025 Singaporean fintech unicorn Airwallex has its sights set on UK expansion after a period of rapid growth. The cross-border payment specialist – which counts Shein, Brex and Rippling among its customers – recorded a 95 per cent annual jump in global revenue to $850m in the last year, with UK takings jumping 109 per cent [...]