UK set to be the ‘standout performer’ among major economies September 4, 2024 Analysts at Panmure Liberum think the UK will be the “standout performer” among major economies in the months to come with firms set to benefit from strengthening domestic demand. In a note published this morning, the City brokerage discussed its early cycle indicator (ECI), a tool for predicting how economies are likely to perform over [...]
Hays set to reveal profit slump amid tough recruitment market August 18, 2024 Hays is set to be the latest recruiter to reveal lower profits in the face of a challenging hiring market next week. The FTSE 250 commercial recruitment firm has already warned it was set for a “subdued summer” amid cost-cutting across the business to bolster its finances for the longer-term. Investors will be hoping that [...]
Rightmove shares slump after firm ends contract with Openrent after terms dispute August 6, 2024 Rightmove shares have slumped after the company announced that its contract with online letting agent Openrent would soon end after both parties failed to agree on the conditions of the deal. Rightmove said that resale listings on its platform would not be affected by this change but the news clearly disappointed the market as the [...]
Greencoat UK Wind shrugs off slow winds with ambitious share buyback scheme July 24, 2024 Greencoat UK Wind has pushed ahead with an ambitious share buyback programme, even as the trust struggles with low wind speeds and falling electricity prices.
Cavendish slides to loss despite consistent growth July 15, 2024 One of the City's newest investment banks has slashed its dividend after sliding into the red despite rapid growth. Cavendish raked in £48m in revenue in the year ended March 31, up nearly fifty per cent on the previous year.
Panmure Liberum adds two new units and names top team after merger July 1, 2024 Panmure Liberum has launched two new divisions and confirmed its executive team after the completion of the landmark merger between two of the City's leading brokers.
Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.