In an unprecedented achievement, the FTSE 100, considered the benchmark index for London’s stock market, surpassed the 9,000-point threshold for the first time. Early on Tuesday morning, the index reached
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The FTSE 100 reached new heights on Monday, closing at a record of nearly 9,000 points. London’s blue-chip index rose by 56.94 points, or 0.64 per cent, to finish at
The potential departure of AstraZeneca from the London Stock Exchange would deliver a ‘devastating blow’ to British markets, former Chancellor Lord Lamont warned Parliament today. The Conservative peer emphasised that
Shares in Tesla experienced a sharp decline following Elon Musk’s announcement of his new political venture, the America Party. The move has intensified tensions between the tech entrepreneur and President
Stock markets faced severe pressure today as President Trump announced a 25 per cent tariff on Japanese and South Korean imports, citing ongoing trade deficits with these crucial Asian allies.
Sir Pascal Soriot, the chief executive of AstraZeneca, Britain’s most valuable public company, has privately expressed his desire to relocate the pharmaceutical giant’s stock market listing to the United States,
Lord Rothschild’s cable manufacturing enterprise Volex has reported a remarkable 25% increase in profits, driven by soaring demand for its electric vehicle chargers. The company’s financial performance exceeded management’s previous
In a significant development that underscores the ongoing exodus from London’s stock market, FTSE 250 company Spectris has endorsed a £3.8 billion takeover bid from American private equity firm Advent
The City of London’s financial leaders are mounting fresh pressure on the government to reform the 0.5 per cent stamp duty on share purchases, warning that the levy is severely
Shares in troubled high street lender Metro Bank rocketed more than 18% today following reports of a potential takeover approach from private equity firm Pollen Street Capital. The stock surged
A prominent shareholder in Wise, the money-transfer company formerly known as TransferWise, has expressed discontent over the firm’s decision to move its primary stock market listing from London to New
Wise, the online money transfer giant, has announced its decision to move its primary share listing to the United States, representing a significant setback for the London Stock Exchange. The
Virgin Australia is set to return to the Australian Stock Exchange five years after collapsing into administration. The airline, founded by Sir Richard Branson, plans to relist with a valuation
London’s IPO market, which has experienced a significant slowdown in recent years, could soon see a revival led by the world’s largest private equity firms. After a subdued period dominated
The UK’s FTSE 100 index experienced a modest rebound on Friday, gaining 23.19 points or 0.3%, closing at 8,554.80. However, this minor uplift was not enough to offset a challenging
The London stock market experienced a significant increase in profit warnings last month, driven largely by tariff threats from the United States. Twenty-six companies listed in the UK issued profit