Shein files for Hong Kong IPO as London listing prospects wane July 8, 2025 Shein has filed for an initial public offering in Hong Kong as the prospects for the firm’s London listing continue to wane. The Singapore-based business last week confidentially filed a draft prospectus for the Hong Kong Exchange and sought approval from the China Securities Regulatory Commission (CSRC), according to the Financial Times. The fast-fashion firm [...]
John Caudwell: Bezos gives billionaires a bad name July 8, 2025 If you ever want to feel like you don’t quite do enough with your time, speak to John Caudwell. We are approaching the culmination of a wide-ranging interview, and the billionaire founder of Phones 4u – and a man hoping to build London’s most expensive housing development ever – runs through his terrifyingly busy schedule [...]
Plus500 profit rises amid expansion drive July 7, 2025 Fintech firm Plus500 has reported a rise in quarterly profit as it continued an expansion drive into markets including Canada, the UAE and India. Quarterly earnings before interest, taxation, depreciation and amortization (EBITDA) increased 12 per cent to $91.3m (£67m) on revenue of $209.3m. Plus500 said active customers on its platform had jumped to 132,602 [...]
UK becomes ‘most attractive country’ for investment as risk appetite grows July 7, 2025 The UK has risen up the ranks to become the joint top location for investment among CFOs around the world, a new survey has suggested, with financial officers open to taking on greater risks. City leaders and policymakers have widely spoken about their desire to take on bigger gambles to drive returns and improve growth [...]
Currys shares soar after retailer posts growth across divisions July 3, 2025 Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the [...]
Gymkhana: World famous Indian restaurant leans into ‘fakeaway’ boom July 3, 2025 For years, the name “Gymkhana” has been synonymous with exquisite, two Michelin-starred Indian dining in London’s upscale Mayfair, a celebrity favourite, reportedly frequented by the likes of Ed Sheeran, Dua Lipa, and the Beckhams. Now, a pioneering venture, Gymkhana Fine Foods, is allowing home cooks to recreate that magic in their own kitchens. Launched in [...]
‘Fair business’ for Aquis stocks to get into crypto, exchange boss says July 3, 2025 The boss of the new owner of Aquis has said it is “fair business” for firms to hold crypto after a wave of the exchange’s constituents adopted Bitcoin treasury policies. Bjorn Sibbern, CEO of stock exchange Six, which this week completed its £225m takeover of Aquis, told City AM: “If we have listed companies that [...]
Business pressures forcing lawyers to become advice jugglers July 3, 2025 British businesses are facing several pressures across the board, forcing them to turn to their lawyers seeking more than just legal advice
Battersea power station lights the way for regenerating our high streets July 3, 2025 Mixed-use development, funded by private capital like Battersea Power Station can bring life back to high streets hammered by Labour’s tax rises, says Jamila Robertson Tomorrow marks the first anniversary of Labour’s landslide victory and their year-long opportunity to attain the growth they promised the electorate. I have written extensively about the damage decisions made [...]
London Museum welcomes return of Smithfield shops and bars parade July 2, 2025 Smithfield’s parade of shops and bars is set to return to the City as part of the Museum of London’s move to Farringdon. The museum, which is moving from 150 London Wall, will redevelop not just the market but the properties surrounding it, hoping to draw in around two million visitors annually. Each property will [...]