London Stock Exchange Group beats expectations in ‘particularly strong quarter’ October 24, 2024 The London Stock Exchange Group beat market expectations today as it reported a bump in growth across its divisions in a “particularly strong quarter”. In the three months to the end of September, the owner of London’s stock market recorded gross profits of £1.92bn, up 8.5 per cent on the same period last year and [...]
Morgan Sindall: Profit at construction firm set to surpass expectations October 22, 2024 Profits in the Fit Out division have continued to "strengthen significantly" due to exceptional volumes and will "materially exceed" expectations, it said.
Man Group outflows jump after large client pulls funds October 17, 2024 Man Group was hit by $5.5bn (£4.2bn) in outflows during the three months to September, driven by a single client redeeming its money.
Scrap FTSE 250 share tax to save small UK companies, says City October 17, 2024 Urgent measures like cutting stamp duty on FTSE 250 shares are needed to save smaller British companies, a group of City heavyweights have argued. In seven of the past 10 years, more listed small companies have left the UK stock market than joined it, and this trend will continue unless serious action is taken, a [...]
Aston Martin: Short sellers bet against FTSE 250 marque as shares struggle October 10, 2024 Aston Martin shares have endured a bumpy ride since the sportscar maker first went public in October 2018.
FTSE 100: London gains as Iran’s attack on Israel sends oil prices higher October 2, 2024 London markets made gains on Wednesday after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks.
Smaller firms eye chunk of Big Four’s audit work with uptick in clients September 30, 2024 Non-Big Four firms have experienced an uptick on audit work across FTSE 250 and all main market clients, as competition with the audit giants continues
Will Aston Martin ever make it out of the slow lane? September 30, 2024 Aston Martin on Monday issued a profit warning, downgrading guidance for the year ahead and slashing its car production target by around 1,000.
Home REIT sells off another £36.9m of property in wind-down scramble September 30, 2024 Scandal-hit social housing investor Home REIT said it had offloaded another £36.9m worth of property today as it scrambles to clear its debts before winding down. In a statement to the markets, the former FTSE 250 firm said it had sold 200 houses at a series of public auctions last week as part of efforts [...]
Meet the fund managers: Renewable infrastructure in the FTSE 250 September 30, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Minesh Shah, manager of The Renewables Infrastructure Group (TRIG). How does your fund stand out from others in the same market? The Renewables Infrastructure Group (often known as TRIG) is a £3bn FTSE [...]