Crest Nicholson: House builder’s profit craters 71 per cent ahead of new chief’s arrival June 13, 2024 House builder Crest Nicholson said operating profit slid in the first half of the year as the firm continues to be bruised by challenges in the property sector.
Regulators should stamp out ‘opportunistic’ exits from London Stock Exchange, says top broker June 13, 2024 City regulators should “tighten” the rules around exiting the London Stock Exchange to prevent “opportunistic” firms cancelling their listings and hammering shareholders, one of the City’s top brokers has said.
It’ll take more than a big screen to revive the London Stock Exchange June 13, 2024 A live market screen in Paternoster Square is no substitute for the cultural and regulatory reforms we need to get companies listing in London, says Tim Focas In what seems like a desperate attempt to breathe new life into London’s equity market, London Stock Exchange Group (LSEG) CEO Julia Hoggett has proposed installing a live [...]
FTSE 100 today: London markets set to open lower amid reduced US Fed rate cut bets June 13, 2024 Asian markets mirrored Wall Street gains, Broadcom surged on a raised revenue forecast. Eyes on US producer prices and Treasury auctions.
Safestore: Share price dips after ‘robust’ trading June 12, 2024 Shares in Safestore Holdings dipped in early trade, despite the self-storage provider reporting "solid" trading conditions in the UK market.
Rats! Rentokil London future in doubt after Nelson Peltz builds a stake June 12, 2024 Trian Partners, founded by Peltz, told Bloomberg News it had reached out to the Crawley-based pest-exterminator with ideas to “improve shareholder value” after building a stake that put it among the top 10 shareholders in the firm.
GPE’s rights issue brings in the money for property group June 12, 2024 Demand for the Great Portland Estates (GPE) rights issue was strong according to the company.
Special Opportunities London listing falls flat after REIT fails to meet fundraising target June 12, 2024 Special Opportunities REIT has pulled its IPO, scuppering the first stock market listing of a UK real estate investment trust in three years.
DFS Furniture: Sofa retailer issues second profit warning as Red Sea disruption takes toll June 12, 2024 Sofa retailer DFS Furniture has issued its second profit warning this year in the face of tricky Red Sea disruptions and weak consumer spend.
FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key June 12, 2024 Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.