Zilch boss shrugs off Klarna’s stock loss after fresh funding round November 13, 2025 The boss of one of London’s most hotly-anticipated fintech listings has shrugged off the recent stock fall of Klarna after securing a fresh funding round. Philip Belamant, the chief executive of consumer payments platform Zilch, told City AM “there’s always a bit of downward pressure” when asked whether Klarna’s recent stock tumble raised any concerns [...]
Christmas comes early for Young’s as party bookings surge November 13, 2025 One of the UK’s biggest pub groups has seen a surge in festive parties as the London-listed firm reported rising sales. Young’s, which operates nearly 300 pubs across London and the south of England, reported a 22 per cent rise in Christmas bookings compared to last year. “Christmas seems to be getting bigger every year,” [...]
Rolls-Royce: FTSE 100 giant eyes major profit boost November 13, 2025 FTSE 100 giant Rolls-Royce said it expects profit for the full-year to be 26 per cent higher than the previous financial year after a hefty boost from its civil aerospace and defence divisions. The Derby-headquartered group is eyeing an operating profit of £3.1bn to £3.2bn after upgrading its earlier guidance of £2.7bn to £2.9bn. This [...]
FTSE 100 Live: Economy grows 0.1 per cent; Rolls-Royce eyes profit jump November 13, 2025 Good morning from the City AM liveblog team. The FTSE 100 is inching a step closer to the magic 10,000 mark after almost a year of outperforming counterparts across the Atlantic. London’s blue-chip index managed to rally to a 0.12 per cent gain in yesterday’s session closing at 9,911.42p. In the afternoon, it inched to a [...]
Shawbrook’s private equity owner eyes another £3bn IPO November 12, 2025 The private equity owner of specialist lender Shawbrook is eyeing another blockbuster listing for one of its portfolio companies, fresh reports have suggested. Pollen Street Capital is understood to be laying the groundwork for an IPO for its UK insurer Markerstudy with conversations underway with investment bankers over a listing that could value the firm [...]
FTSE 100 closes in on 10,000 after outperforming US indices November 12, 2025 The FTSE 100 is inching a step closer to the magic 10,000 mark after almost a year of outperforming counterparts across the Atlantic. London’s blue-chip index rallied on the open before giving up some gains to settle on a broadly flat level. It follows two consecutive record closes with the City shrugging off bubbling tensions [...]
Motorpoint sold hundreds of cars using AI agent as profits jump November 12, 2025 Motorpoint has revealed it sold hundreds of cars using its new AI agent as the car dealer reported a jump in profits. Chief executive Mark Carpenter said the use of the agent allowed the London-listed firm to be more persistent with its sales strategy when human sales agents might have given up. “We’ve sold about [...]
Fuller’s boss hits out at ‘lack of clear plan’ from Chancellor amid Budget fears November 12, 2025 The boss of one of Britain’s biggest pub chains has taken aim at a “lack of clear plan” from the Chancellor as the hospitality sector braces for another round of tax rises at the forthcoming Budget. Simon Emeny, executive chair of Fuller’s, said the government needed “new ideas, new thinking” if it is to live [...]
FTSE 100 Live: Taylor Wimpey and Fuller’s Budget warning; Starmer under fire November 12, 2025 Good morning from the City AM live blog team. The FTSE 100 is springing back to life this week, managing to seal its second consecutive record close at 9,899.60p after a 1.15 per cent gain and bringing the index a whisker away from the 10,000 mark. The blue-chip index has rallied after the US government [...]
UK investors withdraw from equities at record pace amid bubble and Budget fears November 11, 2025 UK investors have withdrawn from equities at a record pace amid investor nerves over soaring stock prices and a flurry of forthcoming tax hikes at the Budget. As much as £7.3bn was pulled from equity funds in the four months to the end of October, according to figures from Calastone, representing the largest outflow ever [...]