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      Diageo, Burberry rally after Trump tariff ruling

      As well as Guinness, Diageo also owns Johnnie Walker, the world's best-selling Scotch Whisky

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      Participants engaging in various sports activities at the London sports festival, showcasing community and athletic spirit.

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London Stock Exchange

  • Fintechs should avoid ‘trap’ of early IPO, warns top London VC investor

    January 26, 2026

    Fintech firms considering joining the public markets should avoid the “trap” of floating too early or risk “disaster”, a top London venture capital investor has warned. Speaking at an Innovate Finance panel discussion chaired by City AM, James Codling, managing partner of VC firm Volution, said fintechs must make sure they “get to the right [...]

  • Institutional investors brace for IPO revival as general partners eye listings

    January 26, 2026

    Global institutional investors are anticipating an uptick in IPO activity in 2026, as more general partners prepare to enter the stock market. Almost eight in ten limited partners (LPs), investors in a partnership who contribute capital but do not manage operations, reported that their general partners (GPs), individuals who manage investments, were preparing portfolio companies [...]

  • Fund giant slashes UK exposure as investors sour on Britain

    January 23, 2026

    One of the world’s largest money managers is shedding its investments in the UK, after investors said they wanted more of their cash to be allocated overseas despite a government push to encourage investment in domestic equities. Vanguard, the world’s second largest asset manager, said it would reduce its £52bn Life Strategy fund’s UK equity [...]

  • Babcock boss bows out after shares grow sixfold

    January 23, 2026

    The boss of Babcock is to step down after presiding over a sixfold increase in the company’s share price during his five-year tenure. David Lockwood, who joined the defence giant as its chief executive in September 2020, will step down from the company’s board at the end of the year, the firm revealed on Friday. [...]

  • Nigel Farage: Reform will tax the banks even if they don’t like it

    January 22, 2026

    Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]

  • Young’s ditches AIM as pub chain eyes FTSE 250 inclusion

    January 22, 2026

    Young’s has become the latest company to unveil plans to quit London’s small-cap stock market as the pub giant sets its sights on inclusion into the FTSE 250. The Wandsworth-based business said it will apply to join the main market of the London Stock Exchange, in a move which it said will “enhance the company’s [...]

  • FTSE 100 Live: Defence and miners miss Trump ‘TACO’ tariff rally

    January 22, 2026

    Good morning and welcome back to the City AM liveblog. Yesterday Donald descended on Davos. In a wide-ranging address to the economic elite, President Trump scolded Europe, touted his own successes and doubled down on the “need” to acquire Greenland. Beyond his scathing remarks about Nato peers, the central takeaway from Trump’s over-hour long speech [...]

  • Next seals deal to acquire Russell & Bromley

    January 21, 2026

    High street giant Next has stepped in to buy shoe seller Russell & Bromley in the latest in a string of acquisitions by the FTSE 100 retail giant. The sale will see Next acquire the Russell & Bromley brand, and three of its stores in Chelsea, Mayfair and the Bluewater Shopping Centre, in exchange for [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the City AM liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

  • Knoops to open first US store as international expansion gathers pace

    January 20, 2026

    Knoops is gearing up to open its first US store as the chocolate drinks brand’s international expansion gathers pace. The London-based business said it will open a store in Utah in April as part of plans to have over 160 locations in the US over the next six years. Knoops, which was founded in Sussex [...]

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