Abramovich-owned steelmaker Evraz plunges in value as sanctions spark investor exodus February 28, 2022 Shares in Russian steelmaking giant Evraz plunged over 20 per cent this morning as Western sanctions sent the Russian economy into chaos, with the rouble falling over 28 per cent.
London’s capital markets woes deepen as WANdisco eyes New York March 6, 2023 London’s ambitions to elevate its capital markets on the international stage were dealt a fresh blow today as data firm Wandisco became the latest UK tech outfit to reveal it was eyeing a New York listing. In a statement this morning, the AIM-listed firm said it was in the “early stages” of scoping out a [...]
UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 May 4, 2024 The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.
Labour’s City minister: We get you want clarity – and we’ll give it to you December 8, 2023 Labour's Shadow City Minister Tulip Siddiq writes for City A.M. on her party's new financial services council and why the Square Mile can expect evolution, not revolution, if they take power next year
Made.com suspends homeware orders as it faces collapse October 26, 2022 Beleaguered Made.com has decided “to temporarily suspend new customer orders” following yesterday’s termination of talks with potential buyers. The firm said the latest move was done to “preserve value for its creditors and shareholders”. This comes after the company ended negotiations with all potential buyers yesterday, after no party could commit to a suitable timetable [...]
Wood Group wins £261m deal to service Harbour Energy’s North Sea operations September 4, 2023 Wood Group has entered into a new strategic partnership with Harbour Energy to service its North Sea operations.
London Stock Exchange launches consultation on shorter trading hours December 10, 2019 The London Stock Exchange (LSE) has launched a consultation on shortening its trading hours following calls by industry bodies who said such a change would improve workplace culture and liquidity. The stock exchange has asked its members – mainly banks and brokers – for its views on a series of options for shortening the current [...]
David Beckham-backed cannabis firm on course to become LSE’s first CBD listing February 4, 2021 UK-based Cellular Goods is seeking a listing on the London Stock Exchange, which would make them the LSE’s first pure-play CBD business
Women ‘key’ to growth but are leading just 12 per cent of FTSE 250 firms June 13, 2023 Women are at the helm of just 47 FTSE 250 firms – just 12 per cent – despite holding “the key to economic growth”, Labour’s Anneliese Dodds has warned. The shadow women and equalities secretary told the Financial Times Women in Business summit that her party was “pro-business” and would “back women” in business from [...]
British Gas owner facing shareholder showdown over chief’s £4.5m bumper pay June 13, 2023 British Gas owner Centrica has announced that the operating profits for its retail arm will be "significantly higher than in previous years."