Tech tailwinds boost Polar Capital as AI bubble balloons November 17, 2025 Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]
FTSE 100 Live: Income tax U-turn throws Budget into chaos November 14, 2025 Welcome back to the City AM markets liveblog. Government fiascos are the story of the week and each one is sending ripples across markets. Whilst earlier this week it was a Westminister briefing war with Downing Street appearing to turn on its own out of leadership threats, today it is the Treasury in the hot [...]
Zilch boss shrugs off Klarna’s stock loss after fresh funding round November 13, 2025 The boss of one of London’s most hotly-anticipated fintech listings has shrugged off the recent stock fall of Klarna after securing a fresh funding round. Philip Belamant, the chief executive of consumer payments platform Zilch, told City AM “there’s always a bit of downward pressure” when asked whether Klarna’s recent stock tumble raised any concerns [...]
Burberry narrows losses as turnaround begins to show results November 13, 2025 Luxury fashion brand Burberry has narrowed its half-year operating loss in a crucial six months for the struggling company. Burberry reported revenue of £1.03bn in the 26 weeks ended September 2025, it told markets this morning, down three per cent from £1.09bn last year. Shares rose 2.55 per cent in early trades. The FTSE100 giant [...]
UK investors withdraw from equities at record pace amid bubble and Budget fears November 11, 2025 UK investors have withdrawn from equities at a record pace amid investor nerves over soaring stock prices and a flurry of forthcoming tax hikes at the Budget. As much as £7.3bn was pulled from equity funds in the four months to the end of October, according to figures from Calastone, representing the largest outflow ever [...]
FTSE 100 Live: Vodafone shares lead blue-chip rally; Unemployment rises November 11, 2025 Good morning from the City AM liveblog team. What are you looking forward to more – Black Friday or Budget day? They are two vital days that UK retailers are bracing for in this month’s calendar, both of which can provide a major boost to firms – or crushing disappointment. Retail sales today show another [...]
City execs plot new junior market to rival AIM November 10, 2025 A group of City execs have laid out plans for a new small-cap market in a bid to rival the ailing AIM and rejuvenate London’s public markets. Former Boku boss Jon Prideaux and former AIM chief executive Martin Graham are understood to have approached investors over a £4m fundraising to launch the new exchange, known [...]
FTSE 100 Live: Diageo taps new top chief; private equity swoop November 10, 2025 Good morning from the City AM liveblog team, It’s a new week in the City and markets will be hoping for a recovery rally after tech jitters sent stocks deeper into the red on Friday. There’s a mixed bag of factors weighing on global indexes, namely the ongoing government shutdown in the US and the [...]
FTSE 100 Live: ITV and Sky takeover chatter; House prices rise November 7, 2025 Good morning from the City AM liveblog team. Yesterday, the Bank of England cut rates in a 5-4 decision with Governor Andrew Bailey playing decider. Policymakers at the Bank said the crunch decision weighed up contractions in the jobs market, which could lower inflation levels, and high inflation expectations of around 4 per cent among [...]
UK fintech Wise profit falls amid shifting primary listing to US November 6, 2025 Money transfer firm Wise took a hit to profit in the first half of the year amid its move to shift its primary listing to New York. The fintech darling recorded a 13 per cent reduction in pre-tax profit at £254.6m despite soaring numbers in customers and volume. Marketing investment increased 59 per cent to [...]