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Panmure Liberum

  • Gilt rout sparks calls for Bank of England to slow ‘unusual’ bond sale programme

    Economics

    The Bank of England should slow the pace of its costly approach to unwinding quantitative easing, which is pushing up government borrowing costs and weakening the public finances at a time when both are under significant pressure, several top economists have said. The calls follow the UK’s sovereign debt being swept up in a dramatic [...]

    The Bank of England is expected to go ahead with an interest rate cut despite high inflation.
  • Ferrexpo: Miner taps Ukrainian oligarch for $100m equity lifeline

    Mining

    Cash-strapped London-listed Ukrainian miner Ferrexpo confirmed today that existing investors are prepared to throw it a $100m lifeline as the former FTSE 250 stalwart scrambles to stay in business. It plans to issue new shares to raise the cash. But the time needed for the scheme will delay publication of its annual accounts for last [...]

    Glencore floated on the London Stock Exchange in 2011 and is one of the largest members of the FTSE 100.
  • Panmure Liberum: Netherlands will win first Fifa World Cup

    Sport Business

    Investment bank Panmure Liberum has predicted the Netherlands will win their first World Cup this summer having correctly forecast the previous three winners. In a note published on Thursday, author Joachim Klement said that the Netherlands under Ronald Koeman will lift the iconic gold trophy in New Jersey this summer. He correctly predicted Germany to [...]

    Breaking news scene with reporters and camera crew capturing live event at a bustling city intersection.
  • Ceasefire hangs in balance after Iran shuts Hormuz

    April 9, 2026

    Hopes of an extended deescalation in the Middle East remain hanging by a thread, after Iran shut the vital Strait of Hormuz shipping lane in response to a round of Israeli strikes on Lebanon. Oil tankers have been barred from passing through the narrow stretch of water responsible for carrying over a fifth of seaborne [...]

  • Debenhams shares jump as turnaround gains pace

    March 30, 2026

    Shares in Debenhams bounced on Monday as the fashion giant reported better-than-expected performance as it said it is making “significant progress” on its turnaround. Debenhams Group, which was renamed from Boohoo last year, said its underlying earnings grew by 76 per cent in the last six months after the retailer slashed costs and revamped its [...]

  • IAG and Ryanair ‘best equipped’ to manage airlines’ fuel rationing

    March 25, 2026

    Ryanair and British Airways owner IAG are the two carriers best equipped to manage the crisis unfolding in the in the Middle East, according to a top investment bank which warned that potential supply rationing of jet fuel “could not be ruled out”. In a note published on Wednesday, Panmure Liberum said the pair of [...]

  • DFS defies wet weather to double profit

    March 19, 2026

    Furniture retailer DFS almost doubled its half-year profit despite recording lower shop footfall as wet weather dampens sales across retail.  The London-listed company recorded a £30m profit in the first half of this year, almost double the £16m recorded the year prior, as revenue grew by nine per cent to £548m.  The wet weather has [...]

  • Wizz Air pounced on by short sellers as Iran war knocks profits

    March 11, 2026

    Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company.  The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]

  • UK lithium miner taps up wealthy backers

    March 3, 2026

    A UK-based lithium miner targeting production in the North East is planning to raise £3m from rich backers and retail investors, ahead of an anticipated £30m fundraise later this year.  Northern Lithium, which is looking to extract lithium from the Ludwell Farm site in County Durham, said the funding would come from existing shareholders and [...]

  • Buy more small caps, says Panmure Liberum. But which ones?

    February 26, 2026

    Now is the time to get back into British small caps, according to the boffins at Panmure Liberum.  Headline valuations, on a P/E ratio basis, don’t seem much different in the small caps compared to their big-cap counterparts. But Panmure says that when you adjust for differences in sector composition, you get an average discount [...]

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