Why the prospect of a Shein listing is dividing the City of London May 22, 2024 Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie
FTSE 100 today: London markets set to open higher if UK inflation falls in line with expectations May 22, 2024 Asian indices mixed despite Wall Street's record highs; RBNZ kept rates steady. Investors await UK CPI, Fed minutes, and Nvidia earnings.
HSBC: Yet another investment bank says ‘buy Britain’ May 21, 2024 It could be time to buy UK stocks says HSBC
Shoe Zone shares slump as store revenue continues to decline May 21, 2024 Shares in affordable footwear company Shoe Zone slumped by over nine per cent in early trade as the business fails to shake the hangover from its profit warning two months ago.
Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments May 21, 2024 Asian markets dipped. Oil prices fell, gold stayed near highs, and Australia's BHP Group surged. Focus on Fedspeak and BOE's Andrew Bailey.
London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares May 20, 2024 The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.
City minister Afolami rounds on regulators and calls to maintain ties with China May 20, 2024 The City minister has doubled down on the government’s collision course with regulators today as he laid out a choice between “high regulatory barriers” and making the Square Mile “competitive” on the global stage.
London-listed Knights reports double digit profit growth May 20, 2024 Knights reported double digit profit growth over the last final year while its revenue rose by nearly £8m, as going forward the group will consider "selective acquisitions"
Lotus supplier CT Automotive swings to profit May 20, 2024 CT Automotive swung to a full-year profit on Monday amid a recovery in the global automotive market and the re-opening of Chinese markets.