Reeves and Goldman chief to pitch London to IPO candidates October 5, 2025 Chancellor Rachel Reeves will pitch to London Stock Exchange flotation candidates alongside one of the City’s top bankers, in her bid to revive interest in the struggling UK market. First reported by Sky News, Reeves and Lucy Rugby, the newly appointed City minister, will host a group of company bosses on Monday to discuss “the [...]
Dual US-UK listing ‘could become the standard’ says Fermi boss October 4, 2025 A dual UK-US listing could become the standard for IPOs of global firms on both sides of the Atlantic, the boss of Fermi has said, after the firm successfully floated on the Nasdaq and the London Stock Exchange. Toby Neugebauer, chief executive of Texas-based Fermi, said it “makes all the sense in the world” to [...]
IPO woes: Can LED face masks and tinned tuna IPOs revitalise London? October 4, 2025 The City heaved a sigh of relief on Friday morning, as two companies ploughed ahead with their plans to list on the London market, signalling that an IPO drought that has long plagued the London bourse may soon come to an end. The Beauty Tech Group announced the successful pricing of its initial public offering [...]
Ladbrokes and Coral owner files copyright claim against matched betting rival firms October 3, 2025 Entain, the owner of Ladbrokes and Coral, has filed an intellectual property lawsuit against two of the largest matched betting companies, OddsMonkey and Outplayed. The claim, filed with the English High Court by law firm Wiggin, alleges unauthorised use of its brand logos and copyrighted materials, with Entain describing the matched betting business model as [...]
FTSE 100 Live: Wetherspoons boss slams taxes; Tuna giant eyes IPO October 3, 2025 Good morning from the City AM liveblog team. There is no clearer sign of the scale of political turmoil the past nine months than the soaring price of gold. The precious metal started the year near $2669 and has since soared to $3900 – a rise of over 45 per cent. The asset now looks [...]
Lord Mayor: ‘Schizophrenic’ City needs more positivity October 2, 2025 The City of London is suffering from a bout of “extraordinary schizophrenia” that has left it devoid of confidence at a time when other markets still view it as one of the world’s eminent financial centres, the Lord Mayor has said. In one of the last speeches he will make in post before his term [...]
Shawbrook gearing up for £2bn IPO in boost to London market October 2, 2025 Specialist lender Shawbrook is preparing to announce intention of its London Stock Exchange debut – a move which could take place as soon as Thursday next week. Shawbrook’s private equity owner – Pollen Street Capital – is eying a £2bn valuation for the firm from the transaction. It comes amid a dire outlook for the [...]
Rachel Reeves plots stamp duty exemption for newly listed shares October 2, 2025 There are growing hopes for a revival for London’s moribund IPO market after reports chancellor Rachel Reeves is preparing to unveil a stamp duty exemption on shares of newly-listed companies. The move, which is set to be announced at the forthcoming Budget in November, would remove the 0.5 per cent tax charge on the buying [...]
FTSE 100 Live: Tesco shares rally; OpenAI nets $500bn price tag October 2, 2025 Good morning from the City AM liveblog team. The FTSE 100 is leading the City higher this morning as it continues to build on records sealed earlier in the week. The index rose 0.2 per cent to 9,464.91 this morning, following on from yesterday’s gains. Also continuing its rally was gold, propelled on by the [...]
JP Morgan scraps Nutmeg in launch of new personal investing brand October 1, 2025 JP Morgan is to scrap its Nutmeg brand and roll its services into a new consumer wealth management business as it intensifies its battle with market leader Hargreaves Lansdown. The new service, dubbed JP Morgan Personal Investing, will offer managed investments, pensions, and ISAs alongside digital financial planning tools and dedicated relationship managers. The bank [...]