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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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  • Barclays, Natwest and Revolut: Top bankers chew the fat at City summit

    December 3, 2024

    Executives, investors and even royalty turned out for the first day of Financial Times’ annual Global Banking Summit in London on Tuesday.

  • Revolut boss says London IPO is ‘not rational’

    December 3, 2024

    Revolut’s chief executive Nik Storonsky has said it is “not rational” for Europe’s most valuable fintech start-up to publicly list in London, dealing a blow the new government’s plans to boost the stock market. Storonsky said the London-based banking company would consider a public debut “sooner or later” to raise cash and return money to [...]

  • French turmoil could be a boost for the City of London, says top lawyer

    December 3, 2024

    Political turmoil in France and geopolitical tensions between China and the US are showcasing the UK’s status as an “independent financial centre” and destination for international IPOs, a leading capital markets figure has suggested. Mark Austin, a lawyer at Latham & Watkins who has masterminded many of the City’s reform efforts over the past two [...]

  • Shein: Why the FCA is unlikely to block a blockbuster listing

    December 3, 2024

    The boss of the Financial Conduct Authority (FCA) has insisted he is not the regulator of “every aspect of corporate behaviour” amid growing concerns over plans for the fast fashion retailer Shein to float on the London Stock Exchange. Nikhil Rathi, chief executive of the FCA, said it is not within the regulator’s power to [...]

  • Etoro: ‘We could still float in London but things need to change’

    December 3, 2024

    The UK boss of trading platform Etoro has opened up about what the London Stock Exchange has to do to win its backing.

  • London risks losing its crown to New York

    December 3, 2024

    The city that never sleeps is outpacing London – where pubs close at 10.30pm – on almost every measure. Even its Christmas tree is bigger, says Emma Revell As we enter December, London should come into its own. The lights are up on Oxford Street, the Christmas tree has arrived in Trafalgar Square and the [...]

  • Stellantis: Shares in Vauxhall owner plunge after boss’s shock resignation

    December 2, 2024

    Stellantis last week placed more than 1,000 jobs at risk after announcing plans to close its manufacturing facility in Luton.

  • Exclusive: City grandees look to Asia in bid to solve IPO drought

    November 28, 2024

    City grandees are looking to capitalise on European political volatility and tempt a wave of international and Asian companies onto the London Stock Exchange next year, according to a memo seen by City AM. London’s public markets have “tailwinds” behind them and the capital could benefit from being the “adult in the corner of the [...]

  • The Capitalist: Farmers protest heats up; Guardian strikes; Jaguar’s rebrand

    November 21, 2024

    The farmers protest escalates, Guardian hacks threaten strikes and more; catch up on the latest City gossip in The Capitalist.

  • Shein targets 2025 for London float

    November 18, 2024

    E-commerce giant Shein is set to target early next year for its £50bn float on the London Stock Exchange, subject to pending regulatory approvals. It is set to hold an official investor roadshow in the coming weeks, during which the IPO-bound company will field large investors’ questions and test their investment appetite, according to The [...]

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