Intertek to quit FTSE 100 after agreeing £11bn EQT takeover June 18, 2026 FTSE 100 giant Intertek has agreed to an £11bn takeover by Swedish buyout firm EQT, triggering the latest high-profile departure from the London Stock Exchange. The testing and assurance company said on Thursday that it has agreed to the £60 per share offer, valuing the deal at £9.5bn, or £10.9bn including debt. The agreement seals [...]
Conservatives will slash the regulations holding the City back June 18, 2026 The reforms Kemi Badenoch announces today will see the end of ringfencing and the end of an unfair international disadvantage imposed through capital requirements set by regulators. This is only the start. We will go further, says Andrew Griffith If, like me, you left university to work in the city in the 1990s, you will [...]
My ride in a helicopter over London as Leonardo expands its UK presence June 17, 2026 Helicopter travel is the preserve of London’s elite: Celebrities, billionaires and high flying – if you’ll pardon the pun – City chief executives. Leonardo attracted headlines earlier this year when it secured a £1bn contract to build helicopters for the Ministry of Defence. The company had warned it could shut its UK helicopter manufacturing facility [...]
Boots moves closer to London float but billionaire Westons circle June 16, 2026 With one potential suitor out of the running, high street titan Boots is moving closer to a London float, a move that would mark a return to the FTSE 100 for one of the UK’s biggest retailers and deliver a major boost to UK capital markets. The 177-year-old British pharmacy saw the withdrawal of Sigma [...]
Late payments costing UK economy £11bn as SMEs struggle to invest June 15, 2026 Late payments are costing the UK economy an estimated £11bn a year and leaving small businesses (SMEs) waiting almost a month to be paid, amid growing concerns over blocked cashflow across the economy. Research from Sage shared with City AM found that 49 per cent of SME invoices are paid late, with businesses waiting an [...]
SpaceX lands record $75bn raise as Wall Street braces for mega debut June 12, 2026 Elon Musk’s SpaceX is set to begin trading on Friday after pulling off the largest IPO in history, with investor demand reportedly topping $250bn (£186bn) and early trading indications pointing to a big first-day jump. The aerospace and AI giant raised $75bn at a fixed price of $135 per share, giving the company a valuation [...]
Faire Marks Five Years of Growth Outside North America: Over 100,000 Retailers, 50,000 Brands, and More Than One in Four Brands Now Selling Across Borders June 11, 2026 Faire, the leading wholesale platform in North America and Europe, is expanding access to global wholesale, giving independent retailers globally more choice, better tools, and reducing barriers to growth.
Housebuilder Bellway warns mortgage rate hikes dampening housing demand June 9, 2026 Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]
Will the SpaceX IPO send retail investors into orbit? June 5, 2026 SpaceX is preparing the largest retail allocation ever attempted in a megacap IPO in its anticipated listing later this month, with Elon Musk seeking to reserve as much as a quarter of the company’s $75bn float for individual investors. Musk reportedly wants ordinary investors cemented near the centre of the group’s ownership straight from blast [...]
Notice of Multi-Color First Quarter 2026 Financial Results Conference Call June 4, 2026 Multi-Color Corporation (“MCC”) First Quarter 2026 Financial Results Conference Call covering MCC’s performance for the quarter ending March 31, 2026. When: Monday, June 8th at 10:00 A.M. EDT Leaders: Hassan Rmaile, President & CEO and Kathleen Phelps, CFO Access: Existing and prospective investors can gain access to the investor data site (“Data Site”) by following [...]