A turbulent year for London’s markets… in four graphs Markets “There’s always light at the end of the tunnel,” said one London Stock Exchange executive in March, just after two more firms announced they were heading for the exit. “Don’t lose your head amongst all the doom-mongering.” It is a mantra that London’s bourse has had to hold onto over the past 12 months as [...]
London Stock Exchange boss: Britain needs to re-think ‘weird’ view of capital markets Economics The UK needs to view London’s capital markets as a “driver of the domestic economy” rather just a venue for share trading, the boss of the London Stock Exchange said yesterday. At an event hosted by investment bank UBS, Julia Hoggett, who has led the exchange since 2021, called on pension funds to back British [...]
Barclays shares hit nine-year high as investment bank helps profit beat forecasts Banking Barclays' shares have hit their highest level in nine years after a rebound in investment banking helped its profit beat expectations for the third quarter.
Rachel Reeves promises to ‘revolutionise’ UK capital markets and boost London listings October 8, 2024 Ministers and regulators have made urgent efforts to inject more life into Britain's capital markets amid a dearth of IPO activity and heavy outflows from UK equity funds.
Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Capital markets, climate change and AI will profoundly alter financial services May 20, 2024 Addressing the biggest challenges facing the economy will not only bolster the City’s offering, but will contribute to broader questions of growth and productivity, says Chris Hayward City Week is back! Today, the 14th edition of City Week begins and Guildhall’s doors will open to over 1,000 international delegates. This year, our focus is four [...]