FTSE 100 Live: BBVA Sabadell bid falls through, tax rises in focus October 17, 2025 Good morning from the City AM liveblog team. Rachel Reeves isn’t going to introduce a Wealth Tax, but she is going to tax the wealthy. She isn’t going to impose austerity, but she is going to get spending under control. Confused? Speculation over the contents of next month’s Budget has reached fever pitch, and it’s [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities October 16, 2025 Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]
FTSE 100 Live: Ofcom fines Royal Mail, CMA’s vet crackdown October 15, 2025 Good morning from the City AM liveblog team. 15 months on from Labour’s stunning general election victory and a month out from its next budget, how is the City feeling about the current government? It’s safe to say that enthusiasm has waned a little since high expectations were set last year. Some City analysts are [...]
Treasury eyes ISA season for financial advice scheme rollout October 15, 2025 A flurry of fresh financial advice could be aimed at savers as soon as February as the Treasury seeks to fast-track the rollout of its flagship scheme to get more Brits investing in the stock market. In a speech to the Investment Association last night, Economic Secretary to the Treasury Lucy Rigby confirmed the government [...]
FTSE 100 Live: Retail sales slow; Unemployment figures tick up October 14, 2025 Good morning from the City AM liveblog team. After a dismal first three quarters of the year, London’s IPO market is finally roaring back, returning the capital to a level playing field with its rival listing venues after a string of fresh flotation announcements. That’s the view of bosses at top City broker Peel Hunt, [...]
FTSE 100 Live: Lloyds warns on ‘adverse’ outcome on motor finance October 13, 2025 Good morning from the City AM liveblog team. As we edge close to the Budget, more and more businesses are growing agitated over how their industry might be affected. Nowhere were these concerns more stark than in retail, where the Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business [...]
FTSE 100 Live: Ibstock shares tumble, Princes confirms £1.5bn London IPO October 10, 2025 Good morning from the City AM liveblog team. JP Morgan boss Jamie Dimon has joined the chorus of warnings over an AI-driven market boom that some fear could go the way of the dot-com crash. Speaking from Bournemouth, where the bank announced a £350m investment in its local campus, Dimon described himself as “far more [...]
Webull UK enhances platform with UK shares and ETF offerings October 9, 2025 Digital investment platform Webull UK has expanded its offering as it cashes in on a renewed investor thirst to trade UK-listed equities and ETFs. Through its partnership with investment fintech company Upvest, customers will now be able to invest in domestic companies as part of its integration of UK stocks and ETFs on its platform. [...]
FTSE 100 Live: Lloyds and HSBC stock tumble drags index into red October 9, 2025 Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of gold is the real asset that investors can’t turn their eyes away from. A flurry of political drama across several major economies has reignited fears [...]
UK IPOs predicted to rebound as London anticipates listings October 9, 2025 London IPO activity remained subdued in the third quarter of 2025, but improved market sentiment and a strong 2026 IPO pipeline suggests confidence in the capital’s flagship index is beginning to grow. Between July and September, there were just three listings on London’s secondary AIM market, raising £16.3m, according to EY-Parthenon’s market tracker. Overall, there [...]