WH Ireland to sell capital markets arm to investment bank Zeus June 3, 2024 Financial adviser WH Ireland has struck a deal to sell its capital markets division to London-based investment bank Zeus Capital for up to £5m amid increasing consolidation among British stockbrokers.
Shein close to kickstarting £50bn London Stock Exchange float plans – reports June 2, 2024 Fast-fashion retailer Shein is set to kickstart plans for an IPO in London as soon as this week in what would be one of the London Stock Exchange's biggest deals in over a decade, according to reports.
OPEC+ agrees to extend deep oil production cuts into 2025 June 2, 2024 OPEC+ agreed a deal on Sunday that to extend a critical portion of its oil supply cuts well into 2025. It has been cutting oil supply since late 2022.
Arm chief nets £55m after blockbuster New York float June 2, 2024 The boss of Arm netted £55m last year after floating the British chipmaker on New York’s Nasdaq stock exchange, according to reports.
Any new government must step in and revive London Stock Exchange, says former chief June 2, 2024 The ex-boss of the London Stock Exchange has warned the capital's beleaguered bourse is unlikely to see a revival unless the next government implements a major overhaul.
The stark reality of the London Stock Exchange’s exodus June 1, 2024 2024 has not been a vintage year for London listings. UK markets have said goodbye to giants like Darktrace and Flutter. We reveal the full scope of the exodus.
Baillie Gifford ends Edinburgh Book Festival sponsorship after fossil fuel row May 31, 2024 Scottish asset manager Baillie Gifford has been dropped as a sponsor for the Edinburgh International Book Festival after a row over the company's investments in fossil fuels and companies benefiting from Israel's occupation of Palestine.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
Former FCA chair: Labour can rebuild ties with regulator after ‘depressing’ Tory turmoil May 30, 2024 The Labour party can rebuild ties with the City regulators if elected to government after a fractious breakdown in relations marked by “political point-scoring”, the former chair of the Financial Conduct Authority (FCA) has claimed.
Scaredy cats? Brits shy away from stock market compared to Americans May 30, 2024 The number of Brits investing in the stock market currently sits at only 23 per cent, compared to 61 per cent for Americans.
