London Stock Exchange mulls £300m Covid rescue fund January 23, 2021 The London Stock Exchange is plotting a £300m listed investment vehicle aimed at offering much-needed support to companies hit hard by the pandemic. David Schwimmer, LSE chief executive, has led talks with top City figures and Treasury figures about establishing an investment trust that would list on the index. It is understood the vehicle, dubbed [...]
Downing tools: Investors pile into bets against B&Q owner as DIY boom slows August 18, 2022 The troubled owner of retailer B&Q has become the most shorted stock on the London Stock Exchange this week as two top investors revealed hefty bets against the firm.
Farmland investment vehicle plots £200m London float September 12, 2022 A farmland investment vehicle has revealed plans for a £200m float on the London Stock Exchange today as investors look to agricultural land amid global food supply shocks.
London Stock Exchange gets green light for $27bn Refinitiv deal January 13, 2021 EU competition regulators have approved London Stock Exchange’s $27bn (£20bn) takeover of Refinitiv, clearing the way for a major new rival to Bloomberg. The European Commission today said its investigation had raised a number of concerns about the deal, but that these would be addressed by a number of remedies. These include LSE’s €4.3bn sale [...]
Flutter: London set for further blow as gambling giant heads for New York January 30, 2024 FLUTTER said yesterday that New York would be its “natural home” in another blow to London’s bruised and battered stock exchange.
London Stock Exchange appoints Julia Hoggett as new chief exec December 7, 2020 The London Stock Exchange Group has appointed Julia Hoggett as the new chief executive of subsidiary London Stock Exchange, which runs the company’s markets in the capital. Hoggett joins from regulator the Financial Conduct Authority (FCA), where she was the head of market oversight. In a statement released this morning, Hoggett said: “I am delighted [...]
Shares climb for 888 as it feels the afterglow of William Hill takeover July 4, 2022 Shares in 888 climbed this morning the firm’s re-admission into the London Stock Exchange main market for listed securities yesterday amid completion of its William Hill acquisition.
Stocking filler: London Stock Exchange backs virtual charity carol concert November 27, 2020 London Stock Exchange has teamed up with music royalties firm Hipgnosis to support a star-studded virtual carol concert that will raise funds for charity. Chic legend Nile Rodgers, who acts as an adviser to Hipgnosis, will host the festive gig on Tuesday 15 December. The programme will feature appearances from a string of music icons, [...]
New spac to list in London with eye on insurtech market April 6, 2022 A new Spac has announced plans to float on the London Stock Exchange today as it eyes up an acquisition target in the booming insurtech industry.
PensionBee announces shift to London’s top market as it eyes up profitability this year April 14, 2022 Pensions fintech PensioneBee has announced a shift on the London Stock Exchange’s main market today as it eyes up profitability this year.