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Global Economic Outlook 2025 Trade Wars and Market Volatility Set to Define New Year
The global economy faces unprecedented challenges as it enters 2025, with Donald Trump's return to the White House poised to reshape international trade dynamics. His campaign promises of imposing tariffs up to 60% on Chinese imports and…
Blow to London Stock Exchange as Issa Brothers Set To Launch 13 Billion Pound US Float for EG Group
The Issa brothers are preparing for a potential flotation of their petrol station empire in the United States, with an estimated value of £13 billion. This strategic move represents another significant setback for the London Stock Exchange,…
Private Capital Chiefs See 56bn Wealth Surge as Shares Hit Record Highs
The wealth of American private capital leaders has skyrocketed by more than $56bn in 2024, driven by extraordinary share price performances at industry giants Blackstone, Apollo and KKR. The remarkable surge follows their inclusion in the…
UK Banks Lead FTSE 100 Performance as Interest Rates Bolster Profits in 2024
British banks have emerged as the standout performers among UK shares in 2024, capitalising on elevated interest rates that have significantly enhanced the sector's profitability despite lingering concerns about domestic economic recovery.…
London Canal Plus Float Faces Opposition From French Investor Over Market Concerns
The proposed London listing of French media giant Canal+ is facing strong headwinds as a prominent Paris-based fund manager raises serious concerns about the flotation's potential success. Anne-Sophie d'Andlau, co-founder of activist…
Hedge Fund Titan Stakes 2 Billion Pounds on London Investment Trust Shake Up
A chess-playing hedge fund manager who was once banned from a London casino for counting cards is making waves in the investment trust sector with an ambitious £2 billion restructuring plan.
Boaz Weinstein, the chief investment officer…
Private Companies Set to Trade Shares on New Pisces Exchange Platform in London
The Financial Conduct Authority (FCA) has unveiled groundbreaking plans for a new trading platform that will enable private companies to sell shares to institutional and professional investors without adhering to standard market abuse…
Cyber Attack Disrupts Krispy Kreme Digital Operations Causing Share Price Tumble
The renowned doughnut manufacturer Krispy Kreme has fallen victim to a significant cybersecurity breach, causing widespread disruption to its online ordering systems since late November. The incident, which has materially impacted the…
UK Financial Regulators Face Mounting Pressure to Address Social Class Disparity in City Firms
Leading social mobility organisations have called upon UK financial regulators to mandate reporting of employees' socio-economic backgrounds in a bid to shatter the persistent 'class ceiling' within the financial services sector.
The…
St Jamess Place Abandons Luxury Events in Major Corporate Image Overhaul
Britain's largest wealth manager, St James's Place (SJP), has made the decisive move to terminate its annual extravagant staff gatherings in London and the prestigious spring sports retreat at Scotland's Gleneagles hotel, marking a…
EMV Capital Secures 15 Million Pound Premium Priced Fundraise Amid Market Headwinds
EMV Capital (AIM:EMVC) has successfully completed an oversubscribed £1.5 million fundraising round at a 15% premium to market price, demonstrating robust shareholder confidence despite challenging market conditions.
The deep-tech and…
McKinseys Secretive 48 Billion Hedge Fund Revealed
A shadowy investment powerhouse has emerged from within the halls of global consulting giant McKinsey, managing a staggering $48 billion exclusively for its current and former partners. McKinsey Investment Office (MIO Partners), which began…
Market Uncertainty Prompts British Companies to Delay IPOs as Peel Hunt Reports Mixed Outlook
British companies are putting their flotation and merger plans on hold amid growing market uncertainty following last month's budget announcement, according to leading broker Peel Hunt. The company, which serves numerous small and…
TI Fluid Systems Set For One Billion Pound Exit From London Stock Exchange
The London Stock Exchange is poised to bid farewell to yet another significant player as TI Fluid Systems agrees to a £1 billion takeover by Canadian rival ABC Technologies. The FTSE 250 engineer's board has thrown its weight behind the…
Aviva Launches Ambitious 33 Billion Pound Takeover Bid for Direct Line
The insurance sector witnessed a seismic shift today as Aviva launched a £3.3 billion takeover bid for rival Direct Line, sending shockwaves through the financial markets and sparking speculation of an imminent bidding war.
Direct Line's…
Former Wizz Air Executive Hit With FCA Fine Over £4 Million Pound Share Trading Breach
A former senior executive at budget airline Wizz Air has been slapped with a £123,500 fine by the Financial Conduct Authority (FCA) for unauthorised trading of company shares valued at more than £4 million.
Andras Sebok, who served as…
Dramatic Plunge In SoftBank Backed Symbotic Shares Following Accounting Revelations
Symbotic, the SoftBank-backed warehouse automation software provider, witnessed its shares plummet by more than a third on Wednesday amidst revelations of accounting errors and a downward revision of revenue forecasts.
The…
Hong Kong Markets Tumble as Chinas 14 Trillion Yuan Stimulus Package Falls Short of Expectations
Hong Kong's equity markets experienced a significant decline on Monday following Beijing's announcement of a fiscal stimulus package that failed to meet investor expectations. The Hang Seng index, widely regarded as a key indicator of…