Monzo, Starling, Zilch: The fintech IPOs that could boost London March 30, 2025 London markets have suffered a torrid couple of years, but could fintech help turn the tide? Swedish fintech Klarna marked the latest snub to the City after it announced it was pursuing a US-listing despite hopes the firm would float in London. This followed 88 companies leaving the London Stock Exchange (LSE) last year, including [...]
London Stock Exchange boss takes home almost £8m despite high-profile delistings March 27, 2025 The chief executive of the London Stock Exchange Group saw his pay packet swell to almost £8m despite the stream of high-profile delistings in 2024. David Schwimmer took home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. His remuneration was made up of £1.3m in salary, a [...]
Naked Wines promises to ‘recalibrate’ business with new growth plan March 27, 2025 Naked Wines has released details of its new strategic growth plan as it promises to “recalibrate” the businesses to drive growth. The wine seller also announced that its trading performance “continues to track in line with expectations” ahead of full-year results later this year. Its share price rose more than 11 per cent in early [...]
Private equity market bullish on resurgence in deals March 26, 2025 Private equity chiefs have become bullish for a surge in deals this year, in a rare piece of good news for the London Stock Exchange. When polled, 79 per cent of private equity general partners said they were expecting returns to rise this year, compared to just 24 per cent in 2024, data from Investec [...]
AIM: Private equity takeovers reach £5bn over last year March 24, 2025 The value of AIM-listed takeovers by private equity firms has reached £5bn over the last year as the number of companies on London’s junior stock exchange continues to drop. Private equity houses continued to be the major driver of AIM M&A deals, accounting for 62 per cent of M&A deals by value, according to data [...]
AIM IPOs: What happened this week on London’s junior stock exchange? March 21, 2025 After AIM started the week strong with the announcement of two planned IPOs, London’s junior stock market has seen more companies float on its exchange. This week, AIM had two IPOs, One Health Group and Wellnex Life, compared to the 11 which pursued an IPO throughout the entirety of last year. One Health Group, a provider [...]
Voters will punish Labour if rhetoric on welfare doesn’t match reality March 20, 2025 Much like the previous Tory administration, this Labour government’s political downfall risks being driven by a vast gap between its promises and actual delivery, says Matthew Lesh The government has announced reforms aimed at getting the rising number of post-Covid jobless into the workforce and reducing the welfare bill. The Prime Minister presents the initiative [...]
Rio Tinto hits back at ‘unfounded and misleading’ pressure to ditch London March 19, 2025 Rio Tinto has hit back at calls for it to ditch its London listing in favour of Australia, arguing that claims made by an activist investor were both “unfounded and misleading.” The mining giant holds a dual-listing in the UK capital and Sydney, but has faced pressure from investors to abandon its current set up [...]
UK investors up home bias in exodus from US stocks March 18, 2025 British investors continued upping their ‘home bias’ for UK stocks over the last year while withdrawing from US equities, reacting to fears of a global trade war and faltering US economy. Average UK allocation increased from 19 per cent to 21 per cent over the past year, whilst US holdings fell from 45 per cent [...]
The City risks falling for the disturbing trend of ‘anticipatory obedience’ March 18, 2025 Jumping the gun on government rules such as DEI is a disturbing trend which the City must resist, writes Lucy McNulty.