Peel Hunt warns of market slowdown ahead of UK Budget and US election October 1, 2024 City investment bank Peel Hunt has flagged a slowdown in UK capital markets activity as investors nervously await the results of the Budget and US election.
Financing growth? How the City’s frailties have hamstrung productivity October 1, 2024 Championing the UK's financial system should not obscure the fact that there is plenty of room for improvement.
Applied Nutrition to bring in retail shareholders for £500m float September 29, 2024 Protein shake maker Applied Nutrition is set to include millions of retail shareholders in its planned £500m float as soon as this week. The sports nutrition brand is set to muscle its way onto the public markets in collaboration with Peel Hunt-backed Retailbook, according to reports from Sky News. Last month, the firm confirmed plans [...]
Primark owner-backed food chain eyes £300m listing September 26, 2024 One of the world’s oldest commodity traders, backed by Primark owner Associated British Foods (ABF), is plotting a £300m float on the London Stock Exchange. Czarnikow, which ships a variety of foodstuffs, has begun meeting with groups of institutional investors with a goal of floating in the next few months, Sky News reported. The group [...]
London’s AIM is dying. Here’s how to fix it. September 18, 2024 London's AIM is in a rough spot, but there are a raft of changes that could be made to save the junior market.
Scrapping inheritance tax break on AIM stocks risks ‘irrecoverable damage’, City warns September 18, 2024 London's AIM is under threat of "irrecoverable damage" if Labour scraps the inheritance tax relief on the junior market's stocks, City analysts have warned.
UK investors exit domestic funds in droves after global market rout September 4, 2024 The hope of a rally in UK investment was thwarted last month as the number of UK investors selling out of domestic equity funds doubled due to the downturn in global markets. UK investors pulled £510m from British-focused equity funds in August, more than double the figure in July when outflows reached their lowest level [...]
‘The mood change is palpable’: UK firms feel Labour lift despite looming tax raid, says Peel Hunt September 3, 2024 The UK economy is “rebounding solidly” and the City of London is reaping the benefits of the Labour government’s ‘growth agenda’ despite fears of an looming round of swinging tax cuts, one of the Square Mile’s top investment banks has said.
London IPO market prospects ticked up in August but no full recovery until 2025 August 9, 2024 The prospects of the UK IPO market are improving but are not expected to fully recover until 2025, Peel Hunt analysts have said. The premier of three notable IPOs in Raspberry Pi, AOTI and Rosebank over the past two months have all set the tone for a route towards a “broader re-opening” next year, said [...]
TI Fluid’s shares spike as firm outperforms soft EV market August 8, 2024 Shares at automotive components manufacturer TI Fluid Systems spiked on Thursday despite a dip in revenue as it raised margin guidance and outperformed a weak market. Revenue at the FTSE-250 listed firm, which designs and manufactures thermal management and fluid handling systems, declined by 1.4 per cent at constant currency in the six months ended [...]