Listed legal business RBG shares drop as founder calls meeting to remove boss December 31, 2024 Shares in listed legal business RBG Holding have dipped again after founder Ian Rosenblatt called for removal of several executives, including the CEO
London’s share of global IPO market plunges but City shines in one area December 31, 2024 The proceeds from global initial public offerings (IPOs) sank three per cent in 2024 to its lowest value since 2008, with the UK falling to 35th among all stock exchanges. There were 1,145 IPOs globally in 2024, compared to 1,271 in the year before, data from the London Stock Exchange provided to City AM revealed. [...]
Investment bosses back UK stocks in 2025 and fret over Trump December 31, 2024 The chief investment officers of some of the UK’s largest asset managers have said they expect UK stocks to outperform global equities in 2025. However, they’ve also warned that trade wars represent the biggest threat to investors in 2025, as US President Donald Trump’s election threatens to heighten global supply chain issues. According to data from [...]
Firm slams City as it plans to leave the London Stock Exchange December 31, 2024 DG Innovate has announced plans to cancel its listing on the London Stock Exchange due to a lack of investor demand for early-stage companies. DG Innovate is an R&D company specialising in sustainable transport and energy storage. Although the firm said it has made “significant operational progress” over the past year, it has still struggled [...]
Why Raspberry Pi had a FTSE Christmas boost December 27, 2024 Raspberry Pi has held up the FTSE 250 on the first trading day after Christmas, with its stock price surging as much as 18 per cent today, pushing it to become a £1bn company. The Cambridge-based tech firm’s share price had been languishing just below £4 since the firm floated on the London Stock Exchange [...]
How Asian stock markets are dominating the UK on IPOs December 27, 2024 Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
Dust off the defence manuals… private equity is coming, say advisors December 20, 2024 London’s listed firms have been warned to dust off their defence manuals and prepare for takeover bids as private equity investors limber up for a deals offensive on the London Stock Exchange next year. After a subdued year of dealmaking through 2024, private equity buyers are expected to reignite a swoop on the public markets [...]
Shoe Zone shares crash as Budget deals major blow to profit plans December 18, 2024 Shares in Shoe Zone have plummeted to their lowest value for more than three years after the company warning the changes announced in the Autumn Budget has forced it to close a number of stores. The Leicester-headquartered retailer issued a trading update to the London Stock Exchange in which it revealed the impacted that “significant [...]
FCA sets out plans for new Pisces private stock market December 17, 2024 The Financial Conduct Authority (FCA) has set out its plans for a new private stock market system today as it looks to revive London’s flagging IPO pipeline and allow investors to more easily tap into unlisted companies. In a consultation document, the City watchdog said the new stock market system, PISCES, first tabled by the [...]
How FTSE 100 giant Rolls-Royce became a ‘true phoenix from the ashes story’ after shares success December 17, 2024 If awards were being handed out for the best performer in the FTSE 100 this year, Rolls-Royce would surely be taking home all the top prizes after cementing its position as the index’s darling. The Derby-headquartered giant started 2024 with a share price of 298p which has since ballooned to a high of 594p, catapulting [...]