Silver prices tail off after hitting first record in four decades October 15, 2025 Silver prices retreated on Tuesday after hitting their first all-time high in over 45 years, as supply fears and a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation. On a historic day of trading, spot prices for the precious metal broke $53 an ounce [...]
Peel Hunt: UK’s IPO prospects now on a ‘level playing field’ October 13, 2025 The City’s IPO prospects now stand on a “level playing field” with other major venues, despite a battle to keep the next generation of listing talent in the UK, a top market analyst has said. Speaking at City & Financial Global’s Capital Markets Summit, Charles Hall, head of research at Peel Hunt, said: “There are [...]
Astrazeneca vows to lower US medicine prices after pressure from Trump October 13, 2025 Astrazeneca has bowed to pressure from US president Donald Trump to lower the cost of its medicines for patients in America. The Cambridge-based pharma giant said it will provide direct-to-consumer sales to eligible patients with prescriptions for chronic diseases at a discount of up to 80 per cent off list prices, alongside participating in the [...]
Zilch eyes ‘hot’ fintech IPO market amid product launch October 9, 2025 The boss of consumer payments platform Zilch has pledged to bring something “never seen before” to public markets as the fintech IPO scene heats up. Philip Belamant told City AM Klarna’s debut on the New York Stock Exchange – where the stock popped 15 per cent – was a “brilliant” indicator for fintech prospects. “I [...]
Saudi bigwig Turki Alalshikh hints at Manchester United investment October 9, 2025 Saudi bigwig Turki Alalshikh has hinted at the potential of fresh investment into Premier League club Manchester United. A cryptic message on X, formerly Twitter, overnight suggests the club is in the “advanced stage” of finding new capital, just 18 months since Sir Jim Ratcliffe purchased nearly 30 per cent of the Red Devils. The [...]
Snapchat UK loses over £500m despite revenue spike October 8, 2025 The UK arm of Snapchat lost more than $757m during its latest financial year despite its revenue spiking to over $2bn, it has been revealed. For 2024, Snap Group has reported a pre-tax loss of $757.7m (£565.8m), new accounts filed with Companies House show. The latest total is down from the pre-tax loss of $1bn [...]
‘Unforgivable big companies don’t pay their fair share of tax’ October 6, 2025 The chief executive of Clearscore has said it is “unforgivable” that some big international companies don’t pay their fair share of UK tax. Speaking on an up-coming episode of City AM’s Boardroom Uncovered show, Justin Basini said, if he was Prime Minister for the day, he would pass a law that every big business would [...]
Shawbrook confirms IPO plans as listings revival gathers pace October 6, 2025 Shawbrook has confirmed its plans for a stock market listing in the latest sign of a resurgence in activity in London’s IPO market. The Essex-based bank has today published its registration document ahead of its intention to apply to admit its shares to the main market of the London Stock Exchange in a move thought [...]
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 [...]
Beauty Tech makes strong debut on London Stock Exchange amid IPO drought October 3, 2025 Shares in Beauty Tech Group, the owner of at-home skincare device brands including CurrentBody, ZIIP Beauty and Tria Laser, rose on their first day of trading in London, offering a rare boost to the capital’s beleaguered stock market. The Cheshire-based firm priced its initial public offering (IPO) at 271p a share, giving it a market [...]