London-listed software firm Idox cheers revenue rise following £15m acquisition June 11, 2024 Software company Idox plc said recurring revenue grew by 21 per cent to £43.1m in the six months to April.
The threat of a listing exodus must spur on bolder risk-taking June 11, 2024 Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]
FTSE 100 today: Blue-chip set for muted open ahead of Fed decision; UK jobs data key for direction June 11, 2024 US stocks hit record highs, Asian markets were mixed and Apple shares dipped after the AI demo. All eyes are now on the UK jobs report.
Ashtead: FTSE 100 giant’s potential New York switch raises more questions for London June 10, 2024 Analysts have warned that FTSE 100 giant Ashtead's potential switch to New York's stock market could strip London of one of its best-performing names, once again raising questions over its status as a trading venue for US-focused firms.
Bellway: Analysts cautious on outlook despite improving market for homebuilders June 10, 2024 Bellway has struggled to return to growth as interest rates have remained relevant.
Pennon hands boss near £300,000 bonus despite pollution record June 10, 2024 British water company Pennon has named David Sproul as chair designate, and he will succeed Gill Rider who will retire from the board next month, the firm said on Monday.
JP Morgan: Labour election win would be ‘positive’ for markets June 10, 2024 Wall Street giant JP Morgan is forecasting a "net positive" impact on markets if Labour wins the UK general election on 4 July.
London listings to rebound from second half of 2024, broker predicts June 10, 2024 The UK's IPO market is starting to open up, according to a leading broker, as it eyes a rebound in listings from the second half of this year.
Greggs to open new logistics site as it rolls to 3,500 store target June 10, 2024 Greggs has invested in a new logistics site in Derby, to help support its expansion of 3,500 stores across the UK.
Me Group’s profit soars as record washing machines installed June 10, 2024 Vending machine company ME Group has seen its profit soar after installing record numbers of its "out of home" washing machines.