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      Bill Ackman in talks to launch fund in bid to pounce on investor complacency

      Bill Ackman, manager of FTSE 100 trust Pershing Square (Photo by Bryan Bedder/Getty Images for The New York Times )

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markets

  • Rolls-Royce, BAE, Babcock: Defence shares rally after Trump remarks

    September 24, 2025

    Shares in London-listed defence firms rallied during early trading on Wednesday after President Donald Trump changed his tune on the Russia and Ukraine conflict. Aerospace firm BAE Systems led the City’s blue-chips with a 1.6 per cent gain to 1,982.50. Meanwhile Babcock was up over one per cent to 1,195 and FTSE darling Rolls-Royce rose [...]

  • City asked to contribute £120m Rachel Reeves’ stock market push

    September 22, 2025

    Rachel Reeves’ major advertising push to re-invigorate the London market is expected to cost the City £120m, new documents have revealed. The campaign, which is being led by the Investment Association, was announced as part of Reeves’ Mansion House package where the Chancellor made her pro-business plea to the City. But smaller financial services firms [...]

  • Why is the pharmaceutical industry turning its back on the UK?

    September 18, 2025

    Since coming into power last year, Rachel Reeves and Keir Starmer have consistently stressed the importance of the life science sector to the UK economy, viewing it as critical for growth. In its aim to boost the industry’s standing, Labour pledged to make the UK an attractive place for investment and innovation, and to increase [...]

  • UK investors flock back to developed markets as economic fears ease

    September 17, 2025

    Retail investors are regaining confidence in the UK and US markets as they lose patience with emerging markets performance. Over a third of UK retail investors view the domestic market as able to offer the strongest long-term opportunities, according to the latest research from investment platform eToro. The US economy’s improving performance has also lured [...]

  • ‘Exhausting’ house buying process damaging the economy, says Santander

    September 17, 2025

    The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]

  • Scrap quarterly reporting for listed companies, Donald Trump says

    September 15, 2025

    President Donald Trump has called for an end to quarterly reporting for US-listed companies in what would be one of the biggest shake-ups to financial markets seen in years. The US president said companies should “no longer be forced” to report results on a quarterly basis and instead report on a six month basis, emulating [...]

  • FTSE 100 Live: UK GDP flatlines, Big Technologies shares tumble after legal twist

    September 12, 2025

    Good morning from the City AM liveblog team. UK GDP flatlined in July, latest figures from the ONS show, in another setback for the Chancellor in delivering on her pledge to grow the economy. The FTSE 100 is fighting through the noise as it opened above 9,300 this morning, rising by 1.2 per cent in [...]

  • Labour using ‘sticking plasters’ and failing to attract foreign investment

    September 11, 2025

    The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report. The report from Caudwell Strong Britain, a research project of think tank Council on Geostrategy, argues that the government needs to remove the structural barriers that hinder foreign [...]

  • Klarna could trigger a fintech IPO boom but can London benefit?

    September 11, 2025

    Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy this new stream. The Swedish fintech unicorn’s stock popped 15 per cent from its IPO price of $40. Shares closed at $45.82 after raising $222m. [...]

  • CBI boss calls for Rachel Reeves to break Labour’s tax pledge

    September 10, 2025

    The boss of the Confederation of British Industry (CBI) has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working people, as businesses brace themselves ahead of the Autumn Budget. Rachel Reeves is widely expected to introduce a fresh package of tax hikes in her 26 November Budget, in order [...]

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