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London Stock Exchange

  • Card Factory: Shares rocket as investors cheer ‘solid’ performance

    April 30, 2024

    Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue. 

  • Wework founder Adam Neumann iced out of £359m bankruptcy deal

    April 30, 2024

    Troubled office space provider Wework has unveiled a new plan to absolve itself from bankruptcy, and it does not involve Adam Nueman its founder who was looking to regain control of the business. 

  • Kazakhstan’s Air Astana reaches new heights following London listing

    April 30, 2024

    Air Astana has reported an 18.5 per cent rise in quarterly passenger traffic after floating on London's equity markets earlier this year.

  • Glencore expects strong year from trading arm but reports lower copper output

    April 30, 2024

    lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.

  • Challenging macro backdrop weighs on kitchen giant Howden’s first quarter numbers

    April 30, 2024

    "We have made an encouraging start to the year with trading in line with our expectations. We are also continuing to make good progress in implementing our strategic initiatives which drive profitable growth,” Howdens Chief Executive Andrew Livingston said.

  • Growth markets India and Thailand help Prudential keep up the momentum

    April 30, 2024

    Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.

  • Hargreaves Lansdown: Revenue boosted by UK investors going overseas

    April 30, 2024

    Overall, Hargreaves Lansdown reported net new business inflows of £1.6bn in the quarter, flat quarter-on-quarter.

  • St. James’s Place shrugs off uncertainty as wealth manager continues to pick up assets

    April 30, 2024

    Thanks to inflows and a positive market performance during the first three months of the year the company ended the first quarter with closing funds under management of £179bn.

  • HSBC chief Noel Quinn unexpectedly steps down after nearly five years

    April 30, 2024

    HSBC has unexpectedly announced that its group chief executive Noel Quinn will retire after almost five years in the role and has started searching for a successor to lead Europe's largest bank.

  • ‘Look at America’: Why this delisted money manager is calling for faster City reform

    April 29, 2024

    Government efforts to save the London Stock Exchange are “too small” and listed firms are being hamstrung by unnecessary red tape in the market, the boss of newly de-listed asset manager Gresham House has warned.

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