Old tech driving NHS and public sector inefficiencies February 26, 2025 According to a recent report, inefficiencies in manual tech processes are adding an extra 30.6m hours of work every week across the UK’s public sector. New research from Appian found that on average, public sector workers lose five hours a week due to delays and inefficiencies, hindering the 6.12m -strong workforce. A survey of 1,000 [...]
Pisces: City figures raise concerns over viability of private market February 26, 2025 City figures have raised concerns over the Financial Conduct Authority’s plan for the new ‘Pisces’ market designed to allow share trading for private companies, warning that the scheme could “undermine the credibility of UK markets”. Pisces—the Private Intermittent Securities and Capital Exchange System—was devised by the previous government as part of efforts to revive UK [...]
Entain on a ‘losing streak’ as gambling giant battles legal problems February 26, 2025 Entain share price has fallen by over 20 per cent over the last year as the listed group's legal problems continue to cause a headache
London Stock Exchange boss: UK needs to change ‘perverse’ view on retail investment February 25, 2025 "We have a regulatory structure that has historically made it easier to buy a riskier product and then hardest to buy the least risky product in the stack, which is perverse," she said.
Chemring shares jump after Bain Capital makes bid February 24, 2025 Bain Capital, one of the world’s largest private equity firms, has reportedly launched a takeover bid for defence group Chemring. Sky News’ Mark Kleinman first reported that Bain has made at least one proposal to acquire the FTSE 250 group, which is used by Elon Musk’s SpaceX Shares in Chemring jumped as much as 13 [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]
Pressure on Rachel Reeves grows as tax receipts disappoint February 21, 2025 Tax receipts rose at a slower pace than expected in January, new figures show, in a sign that the poor performance of the economy could have damaging fiscal consequences. According to figures from the Office for National Statistics (ONS), the government recorded a monthly surplus of £15.4bn, meaning it received more in taxes than it [...]
Retail stocks: Luxury pulls ahead while fast-fashion brands Asos and Primark lag February 20, 2025 Luxury stocks have started to outperform high streets brands once again as investors bet on a luxury upswing. Brands which struggled last year – like Burberry and Kering – are bouncing back, while brick-and-mortar reliant firms like Primark are struggling. The ten largest luxury retailers by market cap have seen their stock price rise by [...]
London Stock Exchange Group upgraded ahead of results February 20, 2025 Analysts have upgraded London Stock Exchange Group as investors prepare for the bourse’s full-year results next week, with hopes that a further share buyback programme will be announced. In a research note today, RBC Capital Markets analysts upgraded the London Stock Exchange Group’s target price from 11,600p to 12,500p. The stock is currently sitting at [...]
Burberry set to re-enter the FTSE 100 in March reshuffle February 20, 2025 Burberry looks set to re-enter the FTSE 100 in March after its shares doubled since their lows in September. The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year after its share price dropped nearly 75 per cent in 16 months. However, glimmers of hope for a luxury rebound, [...]