Mission rebuffs ‘opportunistic’ £27m takeover bid from Social Chain owner Brave Bison May 13, 2024 Mission Group has rebuffed a takeover proposal from fellow AIM resident and digital advertising company Brave Bison, which acquired Steven Bartlett-founded Social Chain last year.
Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
London Stock Exchange boss says IPOs on the way as Shein and Raspberry Pi ready floats May 13, 2024 City grandees have cheered on a rebound for the beleaguered London Stock Exchange as fast fashion giant Shein and computer firm Raspberry Pi eye up blockbuster listings in the capital.
Week ahead: Vodafone, BT and Burberry earnings in focus as crucial US inflation reading looms May 12, 2024 Earnings from Vodafone, BT and Burberry take centre stage in the City's corporate diary this week, alongside a crucial inflation reading across the pond that could put the brakes on the FTSE 100’s record rally.
Shein accelerates plan for London Stock Exchange listing after US hurdles May 12, 2024 Fast fashion giant Shein is reportedly stepping up preparations for a blockbuster IPO on the London Stock Exchange following regulatory hurdles and pushback from lawmakers across the pond.
GoCardless: Fintech ‘open-minded’ on further acquisitions as it eyes profitability in 2025 May 11, 2024 London-based payments fintech GoCardless is weighing up further acquisitions in the open banking space as it looks to rebound from a challenging 2023 and achieve profitability next year.
Standard Chartered chair bemoans share price but rules out ditching primary London listing May 10, 2024 Standard Chartered's top brass has once again bemoaned its weak share price but ruled out moving its primary listing from London.
TT Electronics takes ‘cost action’ to offset lower demand in the US May 10, 2024 Components manufacturer TT Electronics has moved to reduce costs as it faces lower demand for its products as a result of destocking.
CRH: Building giant unveils fresh £239m buyback as profit rises May 10, 2024 Irish building materials firm CRH has unveiled a fresh buyback to reward investors following a rise in profit at the start of 2024.
Barclays opens door to bigger bonuses as it eyes investment bank rebound May 9, 2024 Barclays shareholders have waved through a proposal paving the way for it to award bigger bonuses to its top UK bankers as the lender reiterated confidence in its dealmaking arm.