THG: Shares spike as e-commerce giant gains momentum after slow start to the year September 11, 2025 Ecommerce platform THG returned to growth in the second quarter of the year, driven by a sales boost for its supplement brand Myprotein, causing an eight per cent share price boost. THG told markets this morning that revenue rose 0.9 per cent quarter on quarter, although overall revenue in the first half of the year [...]
London Stock Exchange boss: Fix underinvestment for growth September 5, 2025 The boss of the London Stock Exchange has urged the government to fix investment in capital markets to achieve economic growth. Dame Julia Hoggett, the chief executive of the London Stock Exchange, has backed the new ‘Tell Sid’-style campaign announced by Chancellor Rachel Reeves this year in a bid to get Brits investing. Hoggett told [...]
London Stock Exchange gets go-ahead to run Pisces private stock market August 26, 2025 The Financial Conduct Authority has given the London Stock Exchange the green light to operate a new Pisces private stock market, clearing the path for the market’s launch later this year. The City watchdog confirmed on Tuesday that London’s flagship stock exchange had become the first operator to receive approval to run Pisces – a [...]
Wall Street ‘mocks’ idea of London listing, fintech boss says August 26, 2025 The founder of one of Britain’s fasest-growing fintech firms has said Wall Street “mocks” the idea of a London Stock Exchange listing. Barney Hussey-Yeo, chief executive of Cleo, said the head of investment banking at a global bank had “laughed” at the notion of his company listing in London. He added they had “assumed” Cleo, [...]
Dr Martens firmly in recovery mode, says City broker August 18, 2025 Dr Martens is ‘making headway’ on its ambitious turnaround plan, with an ever-more positive outlook for the boot company, according to a City broker. “The debate is not whether [Dr Martens] can recover, but rather how long it will take… the process has already started,” Peel Hunt analysts said. The company, which was founded in [...]
Shares in Cola-Cola’s European bottling arms slump despite strong results August 6, 2025 Coca-Cola’s European arm, Coca-Cola Europacific Partners, and its bottling partner, Coca-Cola HBC, both slumped on the stock exchange this morning after the former downgraded its revenue guidance. The European business fell more than 11 per cent in early trades on the London Stock Exchange, while the bottling business dropped more than seven per cent. Coca-Cola [...]
Domino’s: Higher employment costs and slowing sales dampen profitability August 5, 2025 New store openings at Domino’s have been lower than expected as it franchisees struggle with lower profitability in a tough market. Just 11 stores have been opened in the year to date, with new openings in the full year expect to be in the mid twenties as franchisees becomes “cautious… given increased employment costs,” Domino’s [...]
Klarna receives regulatory approval to take on Monzo and Revolut July 30, 2025 Swedish fintech Klarna has received an electronic money institution licence from the Financial Conduct Authority, setting the firm up to compete with UK firms Monzo and Revolut. The licence will allow Klarna to offer its 11 million UK customers savings accounts and also pave the way for a debit card launch. Abby Vickers, Klarna’s head [...]
Exclusive: Airwallex to bulk up UK workforce after rapid growth July 30, 2025 Singaporean fintech unicorn Airwallex has its sights set on UK expansion after a period of rapid growth. The cross-border payment specialist – which counts Shein, Brex and Rippling among its customers – recorded a 95 per cent annual jump in global revenue to $850m in the last year, with UK takings jumping 109 per cent [...]
Wise shareholders overwhelmingly approve plans to ditch UK primary listing July 28, 2025 UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]