Bank of England to delay interest rates decision – by two minutes May 6, 2025 The Bank of England will delay the release of its latest decision on interest rates this Thursday – by two minutes. The highly unusual change was made to accommodate a two-minute silence to commemorate Victory in Europe Day this week. It means Brits will only be informed about the Monetary Policy Committee (MPC)’s decision to [...]
Deliveroo reaches agreement on £2.9bn DoorDash takeover May 6, 2025 The board of Deliveroo has said it has “reached agreement” on the terms of a takeover offer by US rival DoorDash as it prepares to exit the London Stock Exchange. The offer of 180p per share represents a premium of 44 per cent on Deliveroo’s closing share price on the day prior to the acquisition, [...]
Rio Tinto shareholders reject move to ditch primary London listing May 1, 2025 Rio Tinto will keep its primary London listing after the mining giant’s shareholders voted comprehensively to reject an activist investor’s push for the firm to abandon its current dual-listed structure. More than eight in 10 shareholders voted against the motion proposed by London-based Palliser Capital, which called for a review into whether the miner should [...]
Private takeovers ‘biggest threat’ to London market, report finds April 30, 2025 Private markets are a much bigger threat to the London Stock Exchange than the lure of an overseas listing, a new report has found, as it poured scorn on the “misleading” narratives that tempt fast-growing firms to drop London in favour of a New York IPO. The US has welcomed as much as $676bn worth [...]
Finance bosses bet on London amid US market jitters April 21, 2025 Financial services leaders have banked on London’s growth potential, according to a fresh survey from KPMG, as sentiment sours over the prospects for US financial markets. Over half of the UK’s finance bosses believed the negativity of London’s health as a financial hub was overplayed. KPMG’s latest UK Financial Services Sentiment Survey, which quizzes over [...]
A Shein-shaped question looms large over London April 20, 2025 With UK regulators said to have rubber-stamped its application to list in London, Shein’s long-awaited blockbuster IPO is closer than ever. But with questions over its links to forced labour continuing to dog the Chinese-founded firm, and recent turbulence from Trump’s tariffs, Ali Lyon asks, is it losing steam at just the wrong time? On [...]
Are private markets approaching a tipping point? April 15, 2025 As money continues to pour into private markets, concerns are mounting that the sector is expanding too fast in an unfriendly environment. In recent years, there has been an explosion of interest in private markets, with fundraising doubling over the last decade, leading to $13.1 trillion (£9.9 trillion) in assets under management across the sector. [...]
De La Rue shares surge as £263m takeover confirmed April 15, 2025 Banknote printer De La Rue has agreed to a binding offer to be taken over for £263m, sending its share price shooting up 17 per cent. The 211 year-old currency printer’s board is backing a 130p a share offer from US private equity giant Atlas Holdings, compared to the 110p price it closed at yesterday. [...]
UK-India trade deal reportedly 90 per cent agreed, businesses told April 10, 2025 The UK’s trade deal with India is reportedly 90 per cent agreed, businesses have been told, according to a report in the Guardian. Firms were informed on a call with trade negotiators this week that some remaining issues included cars, pharmaceutical drugs and the whisky trade, the newspaper reported, with India currently the largest overseas [...]
UK IPO market stalls amid Trump tariff uncertainty April 10, 2025 The number of IPOs on the London Stock Exchange stalled in the first quarter of 2025 as listings raised just £74.7m, a 74 per cent decline from last year. In total, there were five new lPOs in the first three months of the year, two on the main market and three on junior stock exchange [...]