Wise reports jump in users ahead of US dual listing Fintech Money transfer firm Wise delivered a bumper third-quarter as the UK fintech continued to lay the groundwork for its US dual listing. The payments firm recorded a 26 per cent surge in cross-border volumes to £47.4bn in its latest quarter as its customer base swelled. Wise said it now served near-11m users, up by a [...]
Big Technologies soars after £39m settlement with former shareholders Legal Big Technologies shares soared on Monday after the London-listed tech firm reached a £38.5m settlement following legal action from former shareholders. The shareholders alleged they were unfairly forced to sell down their stakes in the company in 2018 prior to the firm’s IPO. The action triggered an investigation by Big’s board which led to the [...]
Monzo shareholders plotting chair coup after top boss was ousted Fintech A group of Monzo shareholders are plotting a coup to oust the chair of the fintech following the shock exit of chief executive TS Anil. The investors, which include venture capital firms Accel and Iconiq, have strapped up with lawyers as they lobby to reinstate Anil, who is set to be replaced by ex-Google executive [...]
Lloyds to hand shareholders over £17bn by 2027, analysts say August 26, 2025 Lloyds Banking Group shareholders are set for a bumper payout with analysts projecting the lender will return over £17bn to investors by 2027. The FTSE 100 giant was listed as Jefferies analysts “preferred” banking stock following a strong year-to-date performance. Shares in Lloyds have jumped over 50 per cent since January. The bank received a [...]
Wise shareholders overwhelmingly approve plans to ditch UK primary listing July 28, 2025 UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]
The Gym Group shares slide as largest investor reveals sell-off July 17, 2025 The largest single shareholder in The Gym Group has revealed plans to significantly slash its stake. Blantyre Capital is looking to offload around five per cent of its shares in the London-listed company to other institutional investors. The investor currently has a stake of just under 12 per cent in The Gym Group and is [...]
B&M swaps one tax haven for another June 19, 2025 B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]
Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
Anglian Water gets £500m boost after criminal investigations May 23, 2025 Anglian Water has received a £500m boost from its shareholders just days after it was revealed it is facing a raft of criminal investigations. The company, which operates in the East of England, is owned by the Osprey Consortium which is made up of Canada Pension Plan Investment Board, Colonial First State and Industry Funds Management. [...]
Rolls-Royce: FTSE 100 shares reach record high as £70bn valuation nears May 16, 2025 Shares in Rolls-Royce have achieved a new record high as the FTSE 100 giant edges closer to being worth £70bn. The Derby-headquartered group finished trading on Thursday, 15 May, with a share price of 816p, 4p higher than its previous record which it set on 19 March. The total means that Rolls-Royce ended the day [...]