Plus500 plotting deals spree as it readies £138m payout to shareholders February 20, 2024 Retail trading platform Plus500 topped market expectations and announced plans to put $175m back in shareholders pockets today despite a squeeze on revenues and profits over the past year.
FTSE 100: London creeps into the green, Currys soars as takeover battle looks likely February 19, 2024 On the FTSE 100, Astrazeneca rose to the top of the index after its Tagrisso drug received positive clinical trial results.
Currys: Could Mike Ashley’s Frasers Group enter bidding war? February 19, 2024 Electricals retailer Currys hit the headlines over the weekend after it emerged it could become the latest big name to leave the London Stock Exchange in a huge take-private deal.
Elliott mulls new higher offer for Currys after initial £700m bid rejected February 19, 2024 In an update this morning, the owner of Waterstones, said: “Elliott confirms that it is considering a possible cash offer for Currys.”
Hunt must ‘roll out the red carpet’ for firms looking to IPO, City group warns February 19, 2024 The government needs to “roll out the red carpet” for companies mulling an IPO to solve the listings drought, a top City body has warned.
FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.
Inflation still the number one concern for London Businesses, LCCI finds, but confidence improves February 16, 2024 Inflation is still the number one concern for London firms found the London Chamber of Commerce andIndustry (LCCI). In its CAPITAL 500 London Quarterly Economic Survey, published on January 24 th, found that 66 per centof companies said they were more concerned about inflation in Q4 of 2023 than previous quarters,while four in 10 (41 [...]
Five London Fashion Week events normal people can attend February 16, 2024 Five London Fashion Week events normal people can attend
Nigel Farage threatens Natwest with legal action unless it settles his compensation claim February 16, 2024 Nigel Farage threatens Natwest new CEO Paul Thwaite with legal action with an aim to make "sale of shares very difficult", unless the bank settles "an ongoing compensation claim with him"
How to cure the City’s depression? Some retail investor therapy February 16, 2024 The London Stock Exchange needs wide reform, but recentering the role of retail investors could be a shot in the arm, writes Fraser Thorne.