Pragmatism or surrender? Starmer’s EU deal explained. May 19, 2025 Prime Minister Keir Starmer has declared that “Britain is back on the world stage” as an agreement on the post-Brexit “reset” of relations with the EU was unveiled at a summit in London. There are provisions for key areas like food standards, energy, youth mobility, security, and steel with ministers claiming that the new deals [...]
iForex confirms London listing plans and adds City veteran to board May 19, 2025 Fintech trading platform iForex confirmed its plans for a London-lisiting on Monday morning in a major boost to the embattled market. The fintech said following an initial public offering (IPO) its shares will be traded on the main market of the London Stock Exchange. Its admission is expected in late June 2025. The firm – [...]
Pisces regulations have arrived. Here’s what you need to know May 16, 2025 It’s the moment you’ve been waiting for. This week saw the publication of new regulations governing the Private Intermittent Securities and Capital Exchange System – or Pisces, to you and me. The regulations were laid before Parliament on Thursday as a Statutory Instrument, meaning they were waved through without debate, and will come into force [...]
Safe as houses? Landsec bets on build-to-rent May 16, 2025 Property investment group Land Securities – known as Landsec – has turned away from offices and towards housebuilding in a major pivot. It said long-term demographic trends made housing a better bet than the cyclical office market, which is set to slow from its current high growth rate as supply constraints ease The company’s chief [...]
Landsec boosts profit amid residential and retail pivot May 16, 2025 Property investment group Land Securities – known as Landsec – has reported a five per cent boost amid a strategic repositioning of the firm’s commercial property portfolio in favour of residential and retail property. Profit before tax rose to £395m from £341m, as the group plans to invest £1bn in retail and more than £2bn [...]
Central London offices ‘top pick’ for UBS real estate analysts May 15, 2025 London office real estate investment trusts (REITs) like British Land are the “top pick” for UBS analysts, as interest in the capital has surged since the start of the year. As property investors seek to move away from the US to avoid the uncertainty created by president Donald Trump, the UK has been one of [...]
Landmark Canary Wharf building given the green light May 14, 2025 Plans to construct a new landmark building in London’s Canary Wharf have been given the green light. Canary Wharf Group (CWG) has secured planning permission to build a 46-story student accommodation building in the Wood Wharf neighbourhood. The development at 7 Brannan Street will contain 912 bedrooms, increasing Canary Wharf’s current population of 3,500 students [...]
How Steven Bartlett’s first Dragons’ Den investment collapsed May 14, 2025 The full story of how the first company that Steven Bartlett invested in when he joined hit BBC One show Dragons’ Den collapsed and was rescued has been revealed for the first time. City AM reported in March that artisan cheese retailer Cheesegeek had been acquired by Scotland-based Albex Group for what was then described [...]
M&S to make £100m cyber claim from Allianz and Beazley May 14, 2025 Marks and Spencer is preparing to claim as much as £100m from its cyber insurance policy, following a major cyber attack that disrupted operations and led to the theft of some customer data. The UK retailer admitted for the first time on Tuesday that personal information, including customer contact details, dates of birth, and online [...]
US-based pawnbroker Firstcash to buy H&T May 14, 2025 A US giant has made an offer for the UK’s largest pawnbroker, H&T, taking yet another firm off London’s stock market. The deal, which was the fourth Firstcash made to the UK firm, valued the share capital of H&T at approximately £297m. It represents a premium of approximately 44 per cent to the closing price [...]