Wickes jumps up to FTSE 250 as National Express owner axed June 5, 2025 Wickes is set to be promoted to the FTSE 250 amid a reshuffle by the London Stock Exchange, while firms such as Mobico, the owner of National Express, and Ferrexpo are expected to be relegated. Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching [...]
Investors cheer Dr Martens’ turnaround plan – but will it work? June 5, 2025 Shares in Dr Martens have jumped by a fifth as investors cheered on the shoemaker’s new strategy for growth. The iconic brand said it had “failed to take advantage” of its leather goods offering and plans to expand its range of sandals and bags. It’s a “fundamental shift” for the brand, designed to open the [...]
Double blow to London as Cobalt Holdings abandons IPO June 5, 2025 Cobalt Holdings has abandoned its plans for a $230m float on the London Stock Exchange, issuing a double blow to UK markets after losing Wise to the US today. The company confirmed in a brief London Stock Exchange notice that it “will not proceed with its proposed initial public offering”, dashing hopes for what would [...]
Jonny Brownlee on mixing business with pleasure in Supertri June 5, 2025 Jonny Brownlee credits Supertri with saving his career and now the Olympic gold medallist is hoping the super-sprint triathlon series can ensure he still has one after hanging up his tri suit. The 35-year-old and brother Alistair own and manage a team – Brownlee Racing, featuring leading Brits including Alex Yee, Beth Potter and Jess [...]
Room for ‘at most’ one more Eurostar rival, says regulator June 5, 2025 There is space for “at most” one more rail operator at Eurostar’s key east London train depot, the UK’s railways watchdog has said. The Office of Rail and Road (ORR) has been assessing capacity at Temple Mills International depot after Eurostar claimed it was “basically full.” It said on Thursday there was room for “at [...]
UK fintech Wise ditches London primary listing for US June 5, 2025 Money transfer firm Wise dealt a crushing blow to the London Stock Exchange on Thursday, after announcing plans to transfer its primary listing to the US. The UK fintech’s new proposals include a dual listing in the UK and US, but with the latter as a primary base. Wise said transferring its main listing would [...]
Fallow founder James Robson: Labour is killing hospitality June 5, 2025 James Robson is one of the most successful restaurateurs in London, setting up the hugely successful Fallow, Roe and Fowl restaurants with his business partners Will Murray and Jack Croft. In less than two years, Fallow went from a promising pop-up to a vast operation employing 300 people and serving up to 1,000 covers a [...]
End net zero levies raising energy bills, CBI boss to demand June 5, 2025 Net zero costs which push up energy prices and “anchor” businesses’ ambitions to grow must end, the boss of the Confederation of British Industry (CBI) will tell government officials at an event in London on Thursday evening. Rain Newton-Smith, the chief executive of the Confederation of British Industry (CBI), is set to urge the Treasury [...]
St James’s Place CIO: I was told not to bother with a City career June 5, 2025 Justin Onuekwusi's teacher told him he wasn't suited to a professional career. Now, CIO of St James's Place, he takes us through his career.
The Capitalist: ABBA legend speaks to near-empty room at SXSW London as £1k pass-holders left outside June 5, 2025 Mishaps at London SXSW, fishticuffs at London restaurants and a Bitcoin breakfast with Reform at The Shard; catch up on the latest gossip.