Monzo, Starling, Zilch: The fintech IPOs that could boost London March 30, 2025 London markets have suffered a torrid couple of years, but could fintech help turn the tide? Swedish fintech Klarna marked the latest snub to the City after it announced it was pursuing a US-listing despite hopes the firm would float in London. This followed 88 companies leaving the London Stock Exchange (LSE) last year, including [...]
Gold just broke another record: Is it a bubble? March 19, 2025 Gold prices hit another record high this morning, reaching a peak of $3,046 (£2,349) just days after finally breaking the $3,000 barrier. The price of the precious metal has roughly doubled since the start of this decade, leading many to question whether gold can continue climbing. The rise in prices has come amid Middle East [...]
Shein confirms listing plans with London in the spotlight March 14, 2025 Fast fashion titan Shein has confirmed its plans to float on the stock market, and hasn’t ruled out listing in London. Chief executive Donald Tang told The Times that the firm wanted to go public to increase “accountability and transparency”. The brand had not previously confirmed a timeline for an IPO. Yet, reports suggest the [...]
Eyebrows raised as Manchester United skip tender to hire Foster for stadium March 12, 2025 Manchester United are set to confirm Sir Norman Foster’s firm as architects of their planned £2bn, 100,000-seat stadium without running a formal tender process. The absence of an open tender has caused surprise in the industry, given United are a listed company on the New York Stock Exchange, while Sir Jim Ratcliffe has also taken [...]
Oracle: Tech giant passes UK milestone as profit jumps March 7, 2025 US technology giant Oracle has reported sales in the UK of more than £2bn for the first time as its profit jumped by over 20 per cent. Oracle, which in 2023 was the third largest technology company in the world by revenue behind Microsoft and Google, is the title sponsor of the Red Bull F1 [...]
Klarna set for US IPO in snub to London markets March 6, 2025 Swedish fintech Klarna is looking to raise a minimum of $1bn (£777m) in a US initial public offering (IPO), sources told Bloomberg. Klarna’s US filing, which could come as soon as next week, will see the firm target a valuation of more than $15bn in the New York Stock Exchange, according to people familiar with [...]
Higher executive pay is not a silver bullet for UK competitiveness March 4, 2025 Whilst competitive pay is undoubtedly a factor in attracting and retaining talent, it is rarely the sole, or even a major, determinant of a company’s decision to list in a particular market, says Paul Arathoon The recent moves by some of the FTSE 100’s largest companies, such as British American Tobacco and Compass Group, to [...]
Three ways to restore confidence in UK public markets March 3, 2025 To reignite confidence in our public markets, we need domestic reforms that increase liquidity, foster investor confidence, and provide more avenues for capital flow, says Alastair King As Lord Mayor I have the privilege of traveling the world promoting London as a global financial powerhouse. Liberalised trade opens doors for stronger partnerships, smoother business, and [...]
Market depth will be key to IPO choice, Monument boss says February 27, 2025 Ian Rand, the former Barclays executive and boss of Monument Bank, spoke to City AM about the bank’s criteria in choosing where to list. Monument spiked the City’s speculation following reports it was looking to go public in the US by 2027 – in what would be another huge blow to the London market. The [...]
Former Hipgnosis duo set to float trust on London Stock Exchange February 24, 2025 Achilles Investment Company is set to start trading on the London Stock Exchange tomorrow after raising £54m to make an activist push against struggling investment trusts. The trust, run by City veterans Christopher Mills and Robert Naylor at Harwood Capital, would be the first investment trust float on UK markets since 2023. Naylor and Mills [...]