How Games Workshop worked its magic to join the giants of the FTSE 100 December 4, 2024 Games Workshop is officially set to battle its way into the FTSE 100 later this month for the first time in its history, cementing its place as a titan of the City. The Warhammer maker is now the 85th biggest listed company in the UK, guaranteeing its spot in London’s main index and eclipsing household [...]
Will other Chinese firms follow Shein to London? December 4, 2024 Shein’s reported decision to list in London rather than New York is likely to be an anomaly rather than a trend, says Megan Penick Fashion giant Shein’s prospective IPO – slated for early next year – has caused something of a stir in the City. Indeed, the decision to list on the London Stock Exchange [...]
The Notebook: Looking east for opportunity December 4, 2024 Wall Street has been on a euphoric march upwards, as investors have taken a distinctly glass half-full attitude to Trump’s upcoming presidency. The focus has been on his promised tax cuts and de-regulation drive, while they’ve largely shrugged off the potential ramifications of his punishing tariff plans for the US and the global economy. There [...]
Libby’s Naked Diary December 4, 2024 Scrooges stay away, Grinches get ye gone! I had heard that nowhere does Christmas time like Buckinghamshire’s Cliveden House, but this surpassed expectation. As a parent, Christmas can be all about the children, but stepping through the entrance’s stone pillars, wrapped in wreaths and fairy lights, to the hall’s enormous glittering tree, I felt that [...]
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.
Meet the 10 London scaleups you need to know in 2025 December 3, 2024 This content was paid for by Grow London Global, and produced in partnership with the City AM Commercial department. London’s rich talent, progressive sectors, and diverse customer base has made the UK capital the city of choice to launch a tech startup, to scale it, and to take it global. Since launching in Spring 2023, Grow [...]
Barclays boss insists Budget has been a ‘success’ despite gloomy forecasts December 3, 2024 The chief executive of Barclays has said Rachel Reeves’s tax-raising Budget has been a “success” so far, arguing it will likely boost economic growth in the longer term despite a raft of gloomy forecasts. Speaking at the Financial Times’ Global Banking Summit on Tuesday, CS “Venkat” Venkatakrishnan said markets for government debt suggested the Autumn [...]
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 [...]
Yours for just £35m: Prices at London’s most expensive development revealed December 3, 2024 Luxury apartments at London’s most expensive residential property development ever will hit the market for £35m or more and have already racked up a waiting list of over 600 super-rich buyers. 1 Mayfair, the £2bn super-luxury scheme being ring-led by the Phones4u billionaire John Caudwell, is set for completion in spring of 2026 when it [...]
Ukraine’s battlefield heroes are in need of urgent support December 3, 2024 Time is running out for a vital NGO that evacuates injured soldiers from battlefields in Ukraine, and has saved the lives of 62,000 people. The UK government should act now, says Jack Dickens It all began with one ambulance and an army of volunteers. Soon after Vladimir Putin launched Russia’s brutal invasion of Ukraine on [...]