Politicians have misread the room over Shein June 12, 2024 Growth-hungry MPs are welcoming Shein’s big bucks plans to list on the London Stock Exchange, but there’s growing unease among the people who really matter – investors, says Simon Neville Whenever the City and Westminster clash, it is usually because the former wants the latter to be more lenient. The cries of “you’re stifling competition!” [...]
FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key June 12, 2024 Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.
London Stock Exchange in deal talks with Primarybid as fintech’s chair prepares to step down June 11, 2024 The London Stock Exchange is reportedly in talks to buy parts of Primarybid in an attempt to bolster its offering to retail investors.
John Lewis appeals on plan for Waitrose and 428 homes June 11, 2024 John Lewis will appeal plans after a local London council failed to agree on plans to build 428 homes and a Waitrose in West Ealing, a move which has come under attack by campaign groups.
Walgreens shelves plans to take Boots public in another blow for London market June 11, 2024 The American owner of Boots has parked plans to list the high street chemist on the London Stock Exchange, in another blow for the market.
Tesla out, Nvidia in: Where investors are putting their money June 11, 2024 Nvidia, Tesla and commodities: Victoria Scholar takes the Notebook pen to talk about the latest trends in retail investment.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Oxford Street retailers call for ‘comprehensive’ reform to business rates June 10, 2024 A business group that represents dozens of major retailers on London’s Oxford Street has called for a “comprehensive” reform to business rates to boost Britain's high streets.
M&S chair Archie Norman blames pension funds for London stock market’s troubles June 9, 2024 City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.
Shein set to miss out on FTSE 100 spot as industry body flags concerns June 9, 2024 Fast-fashion giant Shein is set to miss out on a place in the FTSE 100, according to reports, as the incoming mega listing continues to spark debate in the City.