Rolls-Royce now worth over £70bn as FTSE 100 shares climb May 23, 2025 Rolls-Royce is now worth more than £70bn after shares in the FTSE 100 giant continued their remarkable comeback. Shares in the Derby-headquartered group ended Thursday, 22 May, priced at 839p which has given it a market capitalisation of £71bn. This is the first time in Rolls-Royce’s history that it has passed the £70bn valuation mark [...]
Shoe Zone given a kicking as shares slump after losses revealed May 21, 2025 Shares in Shoe Zone have suffered a huge drop after the retailer revealed it had fallen to a loss during the first half of its financial year. The Leicester-headquartered company has reported a pre-tax loss of £2.3m for the six months to 29 March, 2025. The business had previous posted a pre-tax profit of £2.6m [...]
Moneybox: Savings and investment platform gears up for possible IPO May 12, 2025 Savings and investment platform Moneybox is gearing up for a potential initial public offering (IPO) as it bolsters its boardroom with a new hire. The fintech has made a major signal it is working towards becoming a public company in the future with the appointment of Melissa Birge as an independent non-executive director. Birge has [...]
London Stock Exchange suffers shareholder revolt over CEO’s bumper pay day May 1, 2025 The London Stock Exchange Group has suffered a huge shareholder revolt against its chief executive’s bumper pay packet. More than 30 per cent of votes were cast against the group’s remuneration report which saw CEO David Schwimmer take home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. [...]
London Stock Exchange boss takes home almost £8m despite high-profile delistings March 27, 2025 The chief executive of the London Stock Exchange Group saw his pay packet swell to almost £8m despite the stream of high-profile delistings in 2024. David Schwimmer took home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. His remuneration was made up of £1.3m in salary, a [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange January 27, 2025 Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
Rolls Royce, Antofagasta, Natwest: these top FTSE 100 stocks have returned over 30 per cent this year April 27, 2024 The FTSE 100 does still offer something to get excited about despite a ballooning number of companies leaving the London Stock Exchange.
Pinewood Technologies pivots to software after sale of legacy Pendragon business April 25, 2024 On Thursday, Pinewood reported revenue of £24.5m from its software unit.
Sainsbury’s predicts profit to exceed £1bn as Aldi price-matching pays off April 25, 2024 Supermarket Sainsbury’s expects profits to exceed £1bn this year as it continues to win shoppers with loyalty card and Aldi price matching schemes.
Tortilla Mexican Grill to ‘double down’ on franchising as revenue leaps April 24, 2024 Tortilla Mexican Grill said it will “double down” on franchising to help capitalise on growth opportunities in both the UK and internationally.