FTSE 100 live: London index joins European markets to close in the red as jitters over Credit Suisse contagion continue March 17, 2023 A dramatic week for European markets has ended on a low, with a number of interventions from global banks failing to calm the nerves of jittery investors. London’s FTSE 100 closed firmly in the red despite seeing gains in early trading on Friday. It followed a group of US banking giants injecting 30 billion US [...]
Clipper confirms £947m takeover offer by GXO logistics February 20, 2022 Clipper Logistics has confirmed it is being courted with a £947m takeover offer by suitor GXO, a US logistics giant.
Chill out about Hong Kong’s bid for the London Stock Exchange September 17, 2019 The London Stock Exchange is under siege. Despite initially rebuffing an unsolicited £32bn takeover bid from its counterpart in Hong Kong, it is expected to face an improved offer in a matter of days. There has, inevitably, been a clamour for the UK government to intervene to block the bid. Many of those opposing the [...]
Anglo American appoints Duncan Wanblad as chief executive November 3, 2021 Mining company Anglo American has named insider Duncan Wanblad as its new chief executive officer. The appointment has been widely expected, and will see current boss Mark Cutifani leave in April after nearly a decade in the role. Wanblad has worked as group director of strategy and business development since 2019. He was previously the [...]
Evraz denies Kremlin ties and downplays effect of sanctions March 9, 2022 Evraz has revealed it is "deeply concerned and saddened" by conflict in Ukraine, and hopes a peaceful resolution will be found.
Surging gas prices expose cost crisis for consumers this winter October 16, 2023 Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.
Ministers accused of risking green investment for ‘short-term political gain’ October 5, 2023 The government’s rowing back on green pledges is putting the future of the UK’s economy at risk for the benefit of “short-term political gain."
Mark Kleinman: Hambro Perks, Ray Winstone’s side hustle and IPGL shake-up February 9, 2023 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Hambro Perks’ called-off merger spells bad news for the City November 23, 2021 was a landmark day for the London stock market: the unveiling of the first special purpose acquisition [...]
5 Reasons Why This Year’s City Giving Day was the Best One Yet September 29, 2023 On Tuesday 26 September, The Lord Mayor and Lady Mayoress of the City of London, Alderman, Sheriffs and 570 City businesses came together for City Giving Day. Hosted by The Lord Mayor’s Appeal, the annual event unites the City to celebrate and promote the positive impact of philanthropy. Here’s 5 reasons this year’s City Giving [...]
Kanabo further cements cannabis into healthcare industry with £14m deal February 22, 2022 London-listed Kanabo has bought a GP services company to help patients in accessing medicinal cannabis for some £14m. Kanabo, the first medicinal cannabis company to list on the London Stock Exchange, is set to use deal to bolster its telemedicine offering for patients with chronic pain, anxiety and central nervous system diseases. The capital’s cannabis [...]