Allianz GI: UK investors must do more to attract tech firms to LSE May 19, 2025 A flood of British tech firms dropping London in favour of a New York IPO is only set to increase, a boss at Allianz’s investment arm has warned. Jeremy Gleeson, technology CIO at Allianz Global Investors, has no UK companies in his global tech fund, citing their high price and small availability. “One of the [...]
Visa for the ‘super rich’ won’t bring back non-doms, MPs say May 19, 2025 The government has floated a new “investor visa” in an attempt to stop the flight of millionaires from the UK, with plans in the early stages of development. The visa would reward those who invest heavily into the UK – particularly in strategically important areas such as AI and clean energy – with a route [...]
Rolls-Royce: FTSE 100 shares reach record high as £70bn valuation nears May 16, 2025 Shares in Rolls-Royce have achieved a new record high as the FTSE 100 giant edges closer to being worth £70bn. The Derby-headquartered group finished trading on Thursday, 15 May, with a share price of 816p, 4p higher than its previous record which it set on 19 March. The total means that Rolls-Royce ended the day [...]
Week in Business: Small glass of champagne for Reeves? May 15, 2025 There was some welcome economic growth in Q1 but it's in the rear view mirror; is there any on the horizon?
Exclusive: First AIM VCT in 18 years launches on London Stock Exchange May 15, 2025 The first AIM-focused venture capital trust (VCT) in 18 years has launched on the London Stock Exchange, City AM can reveal. Puma AIM VCT, run by Puma Investments, has launched on the market and already made its first investment in quantum science company Quantum Base, in one of AIM’s only IPOs of 2025. The authentication [...]
Rolls-Royce: FTSE 100 shares near record high May 14, 2025 The share price of FTSE 100 giant Rolls-Royce has passed a major milestone as its market capitalisation continues to edge closer to new heights. Shares in the Derby-headquartered group are now changing hands for more than 800p, a landmark price that it has only surpassed three times before in its history. Rolls-Royce first passed the [...]
Vanquis shares jump after recovery from complaints storm May 14, 2025 Shares in Vanquis Banking Group rose on Wednesday after the firm said it had swung back into profitability following a major blow from complaints in 2024. The London-listed bank’s stock was up nearly seven per cent as markets opened, trading above 75p. The Bradford-based lender recorded £2bn in net receivables, the total money expected to [...]
Imperial Brands CEO to leave FTSE 100 giant as successor named May 14, 2025 The boss of Imperial Brands is to retire after five years at the helm of the business at the London-listed tobacco giant. Stefan Bomhard, who joined the company in July 2020, will step down as CEO in October this year. He will remain on the company’s board until the end of 2025. The German executive, [...]
Has MHA’s first month as a public company been a success? May 14, 2025 An investor expert notes that UK accountancy firm MHA has been listed on the London Stock Exchange for one month and has had "a decent showing" so far
Defence secretary tells City sector is ‘open for business’ May 13, 2025 Defence secretary John Healey has unveiled plans to open a “marketplace” that will allow suppliers from different areas of the economy to support defence firms, telling an audience at the London Stock Exchange that “UK defence is open for business.” Healey announced the new scheme linking up the defence sector with companies in software, data [...]