JP Jenkins secures Pisces licence as ‘discussions ongoing’ with rivals November 18, 2025 JP Jenkins has become the latest securities venue to secure a Pisces operator licence by the UK’s financial regulator as competition heats up to attract businesses to the new private market. The approval makes JP Jenkins the second company to have received a licence from the Financial Conduct Authority (FCA) after London Stock Exchange operator [...]
Firstgroup doubles down on open access expansion despite DfT concerns November 18, 2025 Firstgroup has doubled down on its open access expansion plans as the transport business defied government concerns over the scheme. The FTSE 250 firm said it was “focused on growing” its operations in open access, an arrangement under which private rail operators will continue to run services after the nationalisation of all major routes as [...]
FTSE 100 Live: Miners sink blue-chip index; CMA crackdown November 18, 2025 Good morning and welcome back to the City AM liveblog. We’re another day closer to the all-important Autumn Budget and the mood started on a sour note once more on Monday. The FTSE 100 struggled to slip out of the red ending the day on a loss of 0.24 per cent to 9,675.43p. Meanwhile, the [...]
Revolut co-founder Nik Storonsky changes his name as new ID rules introduced November 17, 2025 The co-founder of Revolut has changed his name on Companies House ahead of the introduction of new identity verification rules. Nik Storonsky has changed the spelling of his official name as a Revolut director to Nik Storonskiy, corporate filings show, in a move thought to align the spelling with how it appears on other official [...]
Mixed shareholder reaction after huge £5.3bn FTSE 250 infrastructure merger November 17, 2025 Shareholders of two of the UK’s biggest infrastructure funds have had mixed reactions after the firms reached an agreement to merge in a blockbuster £5.3bn deal. FTSE 250-listed HICL Infrastructure and The Renewables Infrastructure Group (TRIG) said they had signed heads of terms on the business combination, in a move that will see voluntary winding [...]
Crispin Odey places gold investment firm into liquidation November 13, 2025 Disgraced financier Crispin Odey has placed a gold investment firm he controlled into liquidation, City AM can reveal. Tri-Star Resources, which owned a stake in an antimony and gold production facility in Oman known as SPMP, is to be wound up amid “serious concerns” over the viability of the project. Odey was the sole director [...]
Christmas comes early for Young’s as party bookings surge November 13, 2025 One of the UK’s biggest pub groups has seen a surge in festive parties as the London-listed firm reported rising sales. Young’s, which operates nearly 300 pubs across London and the south of England, reported a 22 per cent rise in Christmas bookings compared to last year. “Christmas seems to be getting bigger every year,” [...]
Squint hard enough and you can see signs of the AI bubble bursting November 13, 2025 Is the AI bubble bursting? Naturally, most eyes are on the movements of the world’s biggest tech firms – the OpenAIs, the Microsofts, the Nvidias. These are, after all, where a large share of AI investment has been deployed. But for the earliest tell-tale signs, it’s worth looking a lot further down the food chain. [...]
Business leaders bemoan Budget uncertainty as tax hikes loom November 13, 2025 Business leaders up and down the country have poured scorn on the Chancellor after months of Budget uncertainty damaged consumer confidence and forced firms to hold off key investment decisions. Scores of chief executives, from retail to hospitality to telecoms and manufacturing, have voiced their concern over the lack of a clear fiscal plan after [...]
Shawbrook’s private equity owner eyes another £3bn IPO November 12, 2025 The private equity owner of specialist lender Shawbrook is eyeing another blockbuster listing for one of its portfolio companies, fresh reports have suggested. Pollen Street Capital is understood to be laying the groundwork for an IPO for its UK insurer Markerstudy with conversations underway with investment bankers over a listing that could value the firm [...]
