London vs New York: Who will win the fintech IPO war? May 24, 2025 A battle with New York awaits as Rachel Reeves sets her eyes on London fintech IPOs. The Chancellor has courted top fintech darlings in her attempt to boost listings on the London Stock Exchange (LSE) as a fleet of firms are flirting with floating in the near future. Monzo is reportedly consulting with investment bankers on [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
Deliveroo’s sale reignites fear over UK’s tech exodus May 9, 2025 When London-headquartered Deliveroo announced in early May that it had agreed to be acquired by US delivery giant Doordash, it triggered more than just a major shakeup in the food tech sector. To many in the industry, it was a familiar story – yet another prominent British tech firm snapped up by an overseas buyer. [...]
FTSE 100’s record run ends as pharma stocks slide on new Trump appointment May 7, 2025 The FTSE 100’s record run came to an end on Wednesday as pharma stocks slumped on the back of a controversial US regulatory appointment. The blue-chip index spent the entire session in the red and closed off 0.4 per cent. Drugmakers GSK and Astrazeneca were among the top fallers, at nearly five per cent and [...]
FTSE 100 extends record win streak as gold miners rally May 6, 2025 The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
FTSE 100 sees best winning streak in two years as trade war fears abate April 22, 2025 The FTSE 100 finished in the green on Tuesday for the seventh consecutive day, notching its best run of gains in two years as investor worries over protracted trade wars began to soften. London’s blue-chip index closed on a 0.64 per cent gain at 8328.60. Distribution firm Bunzl ended trading as one of the top [...]
S&P 500 slumps on open as Treasury yields remain elevated April 10, 2025 US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting [...]
FTSE 100 roars back after Trump pauses tariffs April 10, 2025 The FTSE 100 soared as markets opened this morning after President Donald Trump‘s tariff climb down on Wednesday. London’s blue-chip index gained over six per cent – an increase of nearly 500 points. The FTSE 250 climbed over four per cent. Of the risers, Barclays rocketed over 20 per cent and Melrose 16 per cent. [...]
Fear index hits highest level since pandemic April 7, 2025 Traders’ so-called ‘fear gauge’ has reached its highest level since the onset of the pandemic, as investors brace for more market uncertainty in the wake of Trump’s swingeing tariffs. The Vix index, which shows the US stock market’s expectation of volatility over the next month, reached as high as 60 in the early hours of [...]