Space investor Seraphim injects cash into two firms ahead of London float July 8, 2021 Space technology investor Seraphim Capital has invested into two UK satellite and AI companies ahead of its London IPO float tomorrow, as the UK cements itself within the latest space race. Investing £2m into firms Isotropic Systems, which operates satellite networks and Commodities AI, which deals with space data and artificial intelligence (AI), Seraphim is [...]
Made.com shares fall after £775m London IPO June 16, 2021 Shares in Made.com fell in their debut this morning after the furniture retailer listed in a £775m London initial public offering. The online furniture brand, which has enjoyed rapid sales growth during the pandemic, set its offer price at 200p per share. This will give the company a market capitalisation of roughly £775m. It was [...]
Jewish man abused twice in one hour in central London over the weekend July 8, 2021 A Jewish man was abused twice in one hour in central London last weekend. He was physically threatened while on his way home because of his appearance, his brother said. Yochai Liberov, a researcher from North London, was sitting on a bus to Oxford Street at around 11.40pm on 3 July when another passenger got [...]
DEBATE: Should London have rent controls? April 7, 2021 Dr Kristian Niemietz, head of political economy at the Institute of Economic Affair says No Rent controls are a lot like socialism. Both have been tried dozens of times. Both have ended in failure every single time. And both remain insanely popular nonetheless. In both cases, supporters will insist that, far from having failed, the [...]
Race for City Hall: Polls narrow on final day as Sadiq Khan’s lead over Susan Hall shrinks to just 10 points May 1, 2024 The Labour candidate for London mayor - who is campaigning for a record third term at City Hall - came in on 42 per cent, just 10 points ahead of his Conservative rival Susan Hall.
London travel watchdog’s urge that bus demand review be postponed until fall July 7, 2021 Shedding bus routes and cutting frequencies, as part of an agreed bus demand review, has been slammed in a letter to the government by London travel watchdogs. As part of Transport for London’s (TfL) £1bn bailout, a review of bus demand in the capital was agreed upon. However, London TravelWatch, London First, the Campaign for [...]
Currys: Could Mike Ashley’s Frasers Group enter bidding war? February 19, 2024 Electricals retailer Currys hit the headlines over the weekend after it emerged it could become the latest big name to leave the London Stock Exchange in a huge take-private deal.
Actively managed funds four per cent worse than benchmark per year July 10, 2024 Less than a third of actively managed funds globally were not able to beat their benchmarks over the last year, new data from the London Stock Exchange Group (LSEG) has revealed.
Watchdog: Media is creating a negative “atmosphere” around moribund IPO market September 26, 2023 A top Financial Conduct Authority official has taken aim at the press for creating a negative “atmosphere” for business in the UK and discouraging firms from floating in London.
More pain for punters: Wetherspoons meal could hit £30 by 2050 October 17, 2023 In 30 years time, the price of a cheeseburger in a London Wetherspoons may cost £19.00 and its all day brunch could cost nearly £28.