City minister: Tax regime ‘sends a message’ to fintech IPO prospects Fintech The City minister has said the tax regime “matters” for how the UK can strengthen capital markets as part of its bid to lock down the next cohort of listing candidates. Lucy Rigby, economic secretary to the Treasury, said the government was looking to build on the “historical success of our capital market” as it [...]
Study: Trading updates key for future performance Investing Trading updates by UK-listed companies are key to predicting future share price movement, a new study has found. An analysis of 2,699 trading statements published over the last two years by research platform Stockopedia revealed that a five per cent jump on the day of a trading update is a leading indicator of share price [...]
CMC Markets: Firm founded by Lord Cruddas sees shares tank CMC Markets’ share price has nosedived more than 12 per cent after issuing a brief trading update to markets. In a stock exchange announcement this morning, the firm said it remained “on track” to deliver annual net operating income in line with previous guidance. “Management also remains confident in meeting its cost guidance of approximately [...]