London markets climb again as investors brush off Omicron fears December 8, 2021 London markets climbed again this morning as investors continue to brush fears over the Omicron variant. The capital’s premier FTSE 100 index added 0.37 per cent to reach 7,366.76 points, while the mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, rose 0.51 per cent to 23,356.58 points. This [...]
Darktrace begins a share buyback of up to 4m shares in quest to boost shareholder value December 6, 2021 Former tech darling Darktrace announced this morning that it will commence a share buyback programme of up to four million of its ordinary shares to be completed on or before 31 December 2022.
Powered by Darktrace and Wise: IPOs in UK jump 310 per cent in a year with 113 companies listing in London November 29, 2021 The number of initial public offerings (IPOs) on the UK stock market has jumped over 310 per cent in a year, with 113 companies listing in 2020/21 compared to just 36 in the previous 12 months, according to new data shared with City A.M. this morning. The market value of the companies listing has also [...]
Darktrace says its ‘uniquely positioned’ to lead the way in cyber tech despite ongoing controversy November 24, 2021 Darktrace, tech cyber security darling, announced at its Annual General Meeting this morning that the company was "uniquely positioned to lead new phase in cyber security".
Real estate stocks build foundation for positive day in the City November 24, 2021 A strong performance among real estate stocks built the foundations for a positive day on London markets this morning. The capital’s premier FTSE 100 index climbed 0.46 per cent to 7,299.88 points, while the mid-cap FTSE 250 added 0.08 per cent to hit 23,240.57 points. The City was lifted by the likes of housebuilder Barratt [...]
US prosecutor demands emails from Darktrace following Mike Lynch fraud case November 21, 2021 US authorities are attempting to force Darktrace to hand over emails and documents following the ongoing fraud case against technology entrepreneur Mike Lynch.
Lynch case takes another turn after co-defendant takes aim at key City witnesses November 17, 2021 THE continued fight over Mike Lynch’s proposed extradition to the US to face fraud charges has taken another turn after his co-defendant’s legal team attempted to discredit the evidence of two City analysts who have testified against Autonomy executives in previous court cases. In legal documents filed in Northern California, Lynch’s co-defendent Stephan Chamberlain alleges [...]
Darktrace backer Balderton unveils new early-stage $600m fund November 17, 2021 Balderton Capital, one of Europe’s most active venture capital firms, this morning announced it has raised its eighth fund focused on early-stage startups in Europe. At $600m, it’s the largest fund for investing in early-stage startups that the Kings Cross-headquartered firm has raised since it began placing its bets on Europe’s fledgling businesses in 2000. [...]
Mounting Bank of England rate hike speculation weighs on London markets November 16, 2021 Mounting speculation that strong jobs figures will coax the Bank of England into hiking interest rates next month weighed on London markets this morning. The capital’s FTSE 100 index pulled back 0.16 per cent to 7,340.28 points, while the mid-cap FTSE 250 lost 0.10 per cent to dip to 23,598.73 points. Experts are stepping up [...]
London markets kick off week in positive style on Shell UK commitment November 15, 2021 London markets kicked off the new week in positive fashion today, boosted by oil mega cap Royal Dutch Shell. The capital’s premier FTSE 100 index gained 0.14 per cent to hit 7,358.35 points, while the mid-cap FTSE 250 advanced 0.25 per cent to 23,625.56 points. The City was buttered up by oil giant Royal Dutch [...]