FTSE 100 Live: Shawbrook confirms IPO; Aston Martin hit by tariffs October 6, 2025 Good morning from the City AM liveblog team. After a worryingly-long drought, the London IPO market roared back to life this morning following a shot in the arm last week. Shawbrook has kicked off the week putting the City on the front foot after confirming intentions of a float. It’s a major boost, one that [...]
Capital gains tax raid should have ‘health warning’, Labour warned October 6, 2025 Labour risks stunting growth and discouraging investment if it pursues further capital gains hikes, tax advisers have warned, as reforms proposed by top think tanks were pushed back on by industry figures. Rachel Reeves and Keir Starmer have talked up the prospects of attracting investment in the UK and making the wider tax system fairer [...]
Tories commit to £47bn savings package to ‘restore public finances’ October 6, 2025 The Tories have committed to making £47bn in savings across the welfare state and Whitehall to “ensure the country lives within our means”, in a radical pledge that aims to restore the beleaguered party’s reputation for fiscal responsibility. In a speech to Tory party members in Manchester on Monday, Shadow Chancellor Mel Stride will claim [...]
SMEs have been treated as Labour’s cash cows October 6, 2025 For all of Labour's grandstanding, half of SMEs say it's become harder to turn a profit under Labour, writes Danielle Dunfield-Prayero.
Reeves and Goldman chief to pitch London to IPO candidates October 5, 2025 Chancellor Rachel Reeves will pitch to London Stock Exchange flotation candidates alongside one of the City’s top bankers, in her bid to revive interest in the struggling UK market. First reported by Sky News, Reeves and Lucy Rugby, the newly appointed City minister, will host a group of company bosses on Monday to discuss “the [...]
Kemi Badenoch: My approach will “pay off eventually” October 5, 2025 Conservative leader, Kemi Badenoch, has insisted her approach to changing the struggling party will “pay off eventually” as she battles dwindling voter support. In an interview with BBC’s Laura Kuenssberg, Badenoch stressed that she would not “rush out” new policies and instead take the time needed to “get it right”. She acknowledged that the Conservative [...]
Jaguar Land Rover to bailout suppliers after state ‘rescue’ stalls October 5, 2025 Jaguar Land Rover is finalising a deal to lend its suppliers millions of pounds as the tax-payer backed rescue of the carmaker hit a wall. Bosses are putting the final touches to a sweeping lifeline that would see up to £500m be injected into its supply chain, which is at a standstill. The privately funded [...]
Rachel Reeves mulls hiring ‘outsider’ for banking watchdog role October 4, 2025 Chancellor Rachel Reeves is looking to hire a City heavyweight to succeed Sam Woods as the chief executive of the main banking watchdog once his term ends in the middle of next year, it has been reported. Sam Woods’ term as chief executive of the Prudential Regulation Authority (PRA), the watchdog which is part of [...]
Dual US-UK listing ‘could become the standard’ says Fermi boss October 4, 2025 A dual UK-US listing could become the standard for IPOs of global firms on both sides of the Atlantic, the boss of Fermi has said, after the firm successfully floated on the Nasdaq and the London Stock Exchange. Toby Neugebauer, chief executive of Texas-based Fermi, said it “makes all the sense in the world” to [...]
IPO woes: Can LED face masks and tinned tuna IPOs revitalise London? October 4, 2025 The City heaved a sigh of relief on Friday morning, as two companies ploughed ahead with their plans to list on the London market, signalling that an IPO drought that has long plagued the London bourse may soon come to an end. The Beauty Tech Group announced the successful pricing of its initial public offering [...]