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.
AIM IPOs offer glimpse of recovery for junior stock exchange March 17, 2025 An uptick in listings on London's junior stock exchange has left the City hopeful that AIM might be on the road to recovery after years of IPOs failing to appear.
Auto Trader: FTSE 100 CEO on how to fix the London Stock Exchange March 17, 2025 The government needs to encourage more investment into companies listed on the London Stock Exchange to revive the fortunes of the City, according to the CEO of FTSE 100 giant, Auto Trader. Nathan Coe, speaking on an upcoming episode of City AM’s Boardroom Uncovered podcast, said the UK doesn’t have the same level of “encouragement [...]
MHA to target retail investors in £350m London Stock Exchange IPO March 16, 2025 Accountancy firm MHA is set to launch an IPO on London's junior stock market AIM, with a plan to bring in £6m from retail investors.
Shein confirms listing plans with London in the spotlight March 14, 2025 Fast fashion titan Shein has confirmed its plans to float on the stock market, and hasn’t ruled out listing in London. Chief executive Donald Tang told The Times that the firm wanted to go public to increase “accountability and transparency”. The brand had not previously confirmed a timeline for an IPO. Yet, reports suggest the [...]
John Lewis scraps staff bonus again despite tripling profit March 13, 2025 The John Lewis Partnership has scrapped its staff bonus for the third year in a row despite a near-tripling in profit. The company, which owns both John Lewis and Waitrose, told markets this morning that profit before tax increased from £42m to £126m over the 52 weeks to 25 January. Overall sales rose three per [...]
The Gym Group: Revenue shoots up as growth plan gathers steam March 12, 2025 The Gym Group has reported a boost in revenue and profit as its ‘Next Chapter’ growth plan, launched in 2023, continues to pay off. The London-listed firm, which has more than 250 locations across Britain, reported a pre-tax profit of £3.6m in the year ended December 31, 2024, up from a pre-tax loss of £5.5m in [...]