London’s IPO slump continues as firms raise £565.5m October 5, 2022 Cash raised through initial public offerings in London plunged by more than seven times in the third quarter of the year as the Capital continues its barren run amid soaring inflation and market volatility.
Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market April 15, 2024 Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
McColl’s: Convenience store chain has no clue why share price up 60 per cent April 7, 2022 McColl’s share price surged 61 per cent on Thursday, with the convenience store operator saying it has no idea why. In an update on the London Stock Exchange, McColl’s said it “notes the recent rise in the company’s share price and confirms that it does not know of any reason for this price movement.” The [...]
LadBible boosts revenue by 81 per cent following glowing London debut April 21, 2022 Ladbible owner LBG Media affirmed its immense growth yesterday, revealing revenue spiked 81 per cent to £54.5m since floating on the London Stock Exchange. Managing brands like SPORTbible and Tyla, the group reported direct revenue growth of 58 per cent to £22.4m thanks to significant increases in content marketing and direct display sales in the [...]
As a new FCA chair steps up, we need a crack down on offshore firms’ lax rules March 14, 2023 Hopefully, guided by a new chair, the FCA will make progress in holding offshore firms who don't follow the rules to account, writes Sadiq Bhatti
London’s investor pool too shallow to tempt growing firms, say top chairs November 7, 2022 Chairs at some of London’s top firms have slammed a dearth of investors in London and cast doubt on the appeal of the Capital as a hub for growing firms, in a new report surveying the City’s top executives.
Exclusive: Home REIT shareholder calls for FCA probe into ‘misleading’ statements June 19, 2023 The City watchdog is under pressure to investigate scandal-hit social housing investor Home REIT on the grounds it repeatedly misled the market and left investors “badly burnt”, City A.M. can reveal.
Metals firm TNG wants a London Stock Exchange IPO October 23, 2019 Australian strategic metals company TNG today confirmed it is seeking to list on the London Stock Exchange (LSE). As yet, no decision has been taken as to whether TNG will look to raise funds through the initial public offering (IPO), which it expects to complete by 2020. Read more: Boeing’s earnings slump 51 per cent [...]
Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases November 2, 2023 Shell is the latest energy giant to post a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a 40 per cent decline year-on-year.
Department for health makes £134m claim over Novacyt Covid testing contract April 26, 2022 Biotech firm Novacyt’s share price has plunged after the health department has issued a claim for £134.6m for one of its contracts. The Anglo-French company issued an update on a dispute with the department for health and social care (DHSC) on Tuesday. Shares fell around 15 per cent on Tuesday morning after Novacyt said it [...]