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
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
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
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
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
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.
Wall Street stocks soared to unprecedented heights whilst investors offloaded bonds as Donald Trump’s momentous US election triumph prompted global markets to recalibrate, pricing in an anticipated regime of trade
US stocks surrendered their October gains as a significant tech sell-off triggered Wall Street’s most substantial daily decline in nearly two months. The S&P 500 fell 1.9 per cent whilst
Only two companies listed on the London Stock Exchange in the third quarter. The total raised was £64.8m, an 82 percent drop from the same time last year. EY, an
Centamin will become the latest mining firm to leave London’s stock exchange after agreeing to be taken over by an American competitor. The group has recommended that AngloGold Ashanti pay
The Alternative Investment Market (AIM) in London has faced another setback with the announcement from Reneuron, a biotechnology company, regarding its departure from the junior stock exchange. Once valued at
Caxton Associates, one of the City’s prominent hedge funds, has reportedly amassed gains of approximately $270 million this month following successful trades made during recent financial market turbulence. The London-based
In a surprising turn of events, Bellway has decided to abandon its £720 million takeover bid for Crest Nicholson, just as the deal seemed poised for completion. After two months
As financial markets fixate on the specter of a potential US recession, they may be overlooking more significant threats to global economic stability. While the US economy shows resilience, with
As Chancellor Rachel Reeves grapples with a £22 billion shortfall in public finances for the 2024-25 fiscal year, speculation is mounting that she may turn to capital gains tax (CGT)
In a move that could further dampen the appeal of the London Stock Exchange, TP ICAP, the City’s top inter-dealer broker, has revealed that it is considering listing its data
In a significant development in the UK’s financial sector, Hargreaves Lansdown, the country’s largest DIY investment platform, has agreed to a £5.4 billion takeover by a consortium of private equity






