Etoro could snub London for New York IPO despite UK focus March 10, 2024 UK-focused stock trading platform Etoro is exploring a New York IPO at a valuation of more than $3.5bn (£2.7bn) despite doing most of its business in Europe.
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
The government’s levelling up cash for Canary Wharf is a step in the right direction for London March 9, 2024 A taxpayer loan of over £118m being handed to Canary Wharf to help elevate its life science offering and build news homes has inevitably raised some eyebrows across London.
Will a British ISA really boost the London Stock Exchange? March 9, 2024 Jeremy Hunt confirmed much trailed plans for a British ISA in the budget on Wednesday in a bid to get cash flowing into London’s beleaguered stock market.
Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss March 8, 2024 British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss.
Capital and Regional: Shopping centre owner says footfall on the rise thanks to demand for bargain goods March 8, 2024 The Mall Wood Green owner Capital and Regional has reported a slight uptick in footfall across its shopping centres driven by a demand in customers shopping at discount stores.
Yet another UK firm heads for private hands after £400m-plus deal March 8, 2024 Wealth manager Mattioli Woods is set to be snapped up by a London-based private equity outfit after waving through a £432m deal to its shareholders today.
IWD: Who are the four FTSE 100 firms with both female CEOs and CFOs? March 8, 2024 Out of the 100 companies in the FTSE, only 10 have a female CEO, compared to 24 CFOs. 14 of the female CFOs have been in their current role for less than two years, data from AJ Bell revealed.
Hunt’s budget was more a salad buffet than a proper City lunch March 7, 2024 Sky News’ City Editor Mark Kleinman on the budget, the latest on the Woodford fallout, and another bank tie-up
Spring Budget 2024: British ISA ‘doomed to fail’ as new policy gets mixed reaction March 6, 2024 The British ISA unveiled at today’s Spring Budget has provoked mixed reactions from the finance industry, with some arguing that it is “doomed to fail”. The new British ISA, which will be launched following a three-month consultation, allows savers to invest an extra £5,000 tax-free in UK equities, on top of the £20,000 ISA allowance. [...]