FTSE 100 Live: Ofcom fines Royal Mail, CMA’s vet crackdown October 15, 2025 Good morning from the City AM liveblog team. 15 months on from Labour’s stunning general election victory and a month out from its next budget, how is the City feeling about the current government? It’s safe to say that enthusiasm has waned a little since high expectations were set last year. Some City analysts are [...]
Treasury eyes ISA season for financial advice scheme rollout October 15, 2025 A flurry of fresh financial advice could be aimed at savers as soon as February as the Treasury seeks to fast-track the rollout of its flagship scheme to get more Brits investing in the stock market. In a speech to the Investment Association last night, Economic Secretary to the Treasury Lucy Rigby confirmed the government [...]
Will London meet tinned tuna giant Prince’s expectations? October 14, 2025 The City heaved a sigh of relief last week after tinned tuna heavyweight Princes confirmed its intention to proceed with its IPO to list on London’s main index. The group, which has a £2bn portfolio of familiar household food brands including margarine brand Flora and Olivio olive oil, expects trading to begin at the end [...]
It’s a strike for Hollywood Bowl as record revenue drives continued expansion plans October 14, 2025 Hollywood Bowl is rolling into its new financial year on a high after reporting record revenues and pre-tax earnings. The Hemel Hempstead-based bowling and entertainment business saw its shares lift after it reported a 6.4 per cent rise in revenue to £212.4m for the year to end September. The firm said its earnings before interest, [...]
FTSE 100 Live: Retail sales slow; Unemployment figures tick up October 14, 2025 Good morning from the City AM liveblog team. After a dismal first three quarters of the year, London’s IPO market is finally roaring back, returning the capital to a level playing field with its rival listing venues after a string of fresh flotation announcements. That’s the view of bosses at top City broker Peel Hunt, [...]
Andrew Bailey: Stock markets could crash if debt levels spiral October 13, 2025 Bank of England Governor Andrew Bailey has warned that stock markets could suffer a “disorderly adjustment” due to spiralling debt levels and other vulnerabilities. Ahead of a seminal week in Washington DC where global financial leaders are set to discuss the future of multilateralism, Bailey said bullish markets and spiralling sovereign debt levels had left [...]
A harmful budget risks shattering IPO revival, Cavendish chief warns October 13, 2025 The boss of a London-listed investment bank has warned Rachel Reeves must be “careful” her budget policies do not damage the recuperating IPO market. Speaking to City AM at City & Financial Global’s Capital Markets Summit, Julian Morse, chief executive of Cavendish, said: “The main driver [of the IPO market] is the economy, so if [...]
Big jump for Big Yellow shares as Blackstone eyes takeover bid October 13, 2025 Shares in Big Yellow rocketed on Monday morning after it emerged the London-listed business could be in line for a takeover from real estate investment giant Blackstone. In a statement, the self-storage firm confirmed Blackstone was “considering its position in relation to the company, which could include a cash offer for the entire issued, and [...]
This is why London-listed companies are undervalued – Sage CEO October 13, 2025 Businesses listed on the London Stock Exchange need to tell their stories better and deliver for investors if they are to boost their valuations, the CEO of FTSE 100 technology giant Sage has said. Steve Hare, speaking on an up-coming episode of City AM‘s Boardroom Uncovered, said a lower number of competitors listed in London [...]
Shawbrook looks to raise over £50m in November IPO October 13, 2025 Specialist lender Shawbrook has confirmed its intention to kick off an Initial Public Offering (IPO) on the London Stock Exchange. The company is targeting a listing in early November 2025 and expects to raise £50m in net proceeds through new shares. This will be alongside the sale of existing shares by Marlin Bidco Ltd – [...]