London Stock Exchange Group: Equity arm continues to lose relevance May 1, 2025 London Stock Exchange Group’s (LSEG) equity business has continued to diminish in importance, as the firm struggles to attract new IPOs to UK markets. LSEG’s market arm was actually the fastest growing part of its business in the first quarter of 2025, but not due to the London Stock Exchange itself, the firm revealed in [...]
Revolut profit tops £1bn as UK fintech’s rapid growth continues April 24, 2025 Revolut more than doubled its profit before tax in the 2024 financial year, in what was a year of rapid growth for the UK fintech industry. The fintech darling boosted pre-tax profit growth of 149 per cent to £1bn, up from £438m in 2023. The British firm’s revenue surged 72 per cent to £3.1bn. As [...]
Shawbrook eyes £5bn Starling merger instead of IPO April 24, 2025 Shawbrook Group is weighing up a £5bn merger with fintech giant Starling, in a move that would be emblematic of a tougher outlook on stock market listings. The mid-cap lender has reached out to Starling in the last two months to initiate talks on a potential deal, as reported by Sky News. The proposal remains [...]
Argentex considers sale to IFX Payments after tariffs trigger cash squeeze April 23, 2025 Currency management company Argentex is in “advanced discussions” over an acquisition by IFX Payments after the firm faced a critical cash crunch amid President Donald Trump’s erratic tariff agenda. In a statement on Wednesday, Argentex said whilst discussions had progressed with IFX, no certainty had been reached. But, its board had “unequivocally rejected” an offer [...]
Castore could snub London and float overseas as CEO talks up ‘global ambition’ April 23, 2025 The London Stock Exchange needs to offer something different if it’s going to convince Castore to float in the UK, its co-founder has said. Tom Beahon, speaking on an upcoming episode of City AM‘s Boardroom Uncovered podcast, said it would be “shame” if the brand didn’t end up choosing London and instead completed an initial [...]
Finance bosses bet on London amid US market jitters April 21, 2025 Financial services leaders have banked on London’s growth potential, according to a fresh survey from KPMG, as sentiment sours over the prospects for US financial markets. Over half of the UK’s finance bosses believed the negativity of London’s health as a financial hub was overplayed. KPMG’s latest UK Financial Services Sentiment Survey, which quizzes over [...]
Are private markets approaching a tipping point? April 15, 2025 As money continues to pour into private markets, concerns are mounting that the sector is expanding too fast in an unfriendly environment. In recent years, there has been an explosion of interest in private markets, with fundraising doubling over the last decade, leading to $13.1 trillion (£9.9 trillion) in assets under management across the sector. [...]
All eyes on MHA as accountancy firm rings London Stock Exchange bell April 15, 2025 Accountancy firm MHA's long-awaited £271m IPO went live this morning, a minor win for both the company and the London Stock Exchange
Starmer says UK government must ‘rise to the moment’ on tariffs April 10, 2025 The UK government needs to “rise to the moment”, Sir Keir Starmer said, adding that he would not “pretend” US President Donald Trump’s tariffs are “good news”. Speaking this morning after Trump announced a 90-day pause in his sweeping global tariffs, while raising his tax rate on Chinese imports to 125 per cent, the Prime [...]
UK IPO market stalls amid Trump tariff uncertainty April 10, 2025 The number of IPOs on the London Stock Exchange stalled in the first quarter of 2025 as listings raised just £74.7m, a 74 per cent decline from last year. In total, there were five new lPOs in the first three months of the year, two on the main market and three on junior stock exchange [...]