FTSE 100 smashes intra day high as investors call Trump’s bluff July 10, 2025 The FTSE 100 surpassed its all-time high on Thursday with investors unfazed by the latest barrage of trade threats from President Donald Trump. The UK’s flagship index rallied over one per cent in morning trading to over 8,970. This topped a previous intra-day record of 8,908.82 set on March 3. Miners pioneered Thursday’s jump with [...]
Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies July 9, 2025 The FTSE 100 opened 22 points up this morning, despite threats of pharma and metals tariffs with stark implications for major stocks on the blue chip index. President Trump has said that an announcement is coming “very soon” on pharmaceutical tariffs – with a possible 200 per cent rate landing in “about a year”. Major [...]
Rio Tinto hunts for dealmaking chief July 8, 2025 The news that Rio Tinto is seeking a dealmaking specialist as its new chief executive has reignited speculation about its deal-making abilities as it tries to draw a line under past mistakes in the mining industry. Chair Dominic Barton is reportedly seeking someone capable of delivering large-scale acquisitions while cutting costs and increasing productivity —a rare [...]
Double blow to London as Cobalt Holdings abandons IPO June 5, 2025 Cobalt Holdings has abandoned its plans for a $230m float on the London Stock Exchange, issuing a double blow to UK markets after losing Wise to the US today. The company confirmed in a brief London Stock Exchange notice that it “will not proceed with its proposed initial public offering”, dashing hopes for what would [...]
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 – [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
UK IPO uptick offers hope for London Stock Exchange recovery May 12, 2025 A pair of UK companies have announced plans to list on the London Stock Exchange in a move which provides renewed hope that British capital markets can make a turnaround. Cobalt Holdings and Iforex have both confirmed their plans to list on the stock market, amid continued concerns over the falling number of IPOs (initial [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
Rio Tinto shareholders reject move to ditch primary London listing May 1, 2025 Rio Tinto will keep its primary London listing after the mining giant’s shareholders voted comprehensively to reject an activist investor’s push for the firm to abandon its current dual-listed structure. More than eight in 10 shareholders voted against the motion proposed by London-based Palliser Capital, which called for a review into whether the miner should [...]
FTSE 100: Rolls-Royce shares rebound after losing over £10bn in value April 8, 2025 Shares in Rolls-Royce have started to rebound after losing more than £10bn in value since President Donald Trump’s tariffs were announced. The Derby-headquartered group’s shares had been trading at an all-time high of 812p in the middle of March before plummeting to 635p on Monday. They have now started to rebound and are trading at [...]