Space tech investor Seraphim announces plans for London IPO June 11, 2021 A space technology investor has this morning announced its intention to float in London. Seraphim Space Investment Trust will be the world’s first listed space tech fund as interest in the sector ramps up. There has been a race to commercialise spaceflight, with Jeff Bezos, Elon Musk and Sir Richard Branson all competing with each [...]
London-listed Russian stocks plummet after Putin launches invasion of Ukraine February 24, 2022 Shares in major London-listed Russian firms plunged this morning after Vladimir Putin launched a full-scale invasion of Ukraine and Boris Johnson threatened to “hobble” Russia with sanctions in retaliation.
Software giant GBG reports revenue climb as online security becomes top priority November 30, 2021 GBG, one of the UK’s largest listed software companies announced a strong first half performance across all three segments with organic constant currency revenue growth of 12.6 per cent to £108.7m.
Ince Group: The law firm collapse that has rocked London’s legal sector November 2, 2023 Ince collapsed into administration earlier this year. But the bigger crisis came after it was rescued by a law firm virtually no one had heard of.
FCA approves James Hay’s Nucleus acquisition, creating £47bn mega-platform August 6, 2021 Pensions provider James Hay gained the nod of approval from the UK’s financial regulator for its £145m acquisition of investment platform Nucleus, in one of the biggest UK deals in years. The Financial Conduct Authority (FCA) approved Hay’s purchase of Nucleus on Friday, paving the way for their creation of a mammoth financial adviser platform [...]
ProCook confirms intention to proceed with IPO October 22, 2021 Kitchenware brand ProCook has confirmed its intention to proceed with an initial public offering. The business confirmed it would make its debut on the London Stock Exchange and list on the premium listing segment of the official list of the FCA. The offer will comprise an offer of existing shares to be sold by existing [...]
Digital Assets Week: A ‘DAW’ to the future November 16, 2022 Lord Holmes reports on an opportunity to share the current approaches being undertaken by the UK Government on crypto regulation.
Wise interim revenue gains by a third as money transfer customers surge November 30, 2021 Shares in Wise surged as much as 14 per cent today, after the money transfer fintech said this morning that its first half revenue jumped by a third to £256.3m, driven by increasing customer numbers as it invested in faster transaction processes. The company, which specialises in cross-border money transfers and is one of the [...]
Zara and Burberry shut shops in Russia while John Lewis looks to ‘mitigate exposure’ to country March 6, 2022 Fashion powerhouses have halted trading in Russia following its invasion of Ukraine, citing “operational challenges”. Luxury goods maker Burberry has temporarily shuttered its three stores in Russia, The Times reported. According to the newspaper, the designer brand’s spokesperson said Burberry would continue to monitor developments and declined to address the invasion directly. It comes after [...]
More than 100 listed UK companies sound alarm as Ukraine war makes investors move away from shares to gold March 21, 2022 115 UK listed companies have now warned of the effects of the war in Ukraine in their stock exchange announcements. The number of companies warning of the risk the situation in Ukraine poses has risen almost fivefold in the past week, up from 20 the week before. So far few have quantified the impact on [...]