Sterling on track for fourth week of gains despite dip against US dollar May 28, 2021 Sterling on track for fourth week of gains despite dip against US dollar
Post-Brexit listing: Czech payment giant Eurowag planning £1.4bn IPO in London May 27, 2021 Private equity firm TA Associates is planning to list Czech Republic-based W.A.G. Payment Solutions, better known as Eurowag, on the London Stock Exchange, two sources told Reuters this evening. If the listing goes ahead, it would be seen by many as a reaffirmation of London’s attractiveness to European companies in the aftermath of Brexit. The [...]
FTSE 100 edges higher as mining stocks lift index May 27, 2021 London’s FTSE 100 rose this morning as mining stocks buoyed the index on higher metal prices. The blue-chip index advanced 0.1 per cent in early trading, but gains were limited by oil majors BP and Royal Dutch Shell both slipping on lower crude prices. Meanwhile, the mid-cap FTSE 250 added 0.1 per cent, as Equiniti [...]
AJ Bell profit soars as it attracts new, younger customers May 27, 2021 AJ Bell has benefited from the renewed interest in investment, boasting record levels of new customers and inflows in the first half of the year. Revenue jumped 21 per cent to £73.9m in the six months to the end of March while profit before tax soared from £22.7m to £31.6m. It came as AJ Bell [...]
FTSE 100 slides despite strong earnings but Wall Street picks up May 26, 2021 The FTSE 100 slipped today despite a strong set of corporate earnings on a slow day for Europe’s markets. Across the Atlantic, however, Wall Street showed signs of gains after another positive start for tech stocks. London’s blue-chip index fell 0.1 per cent over the course of the day, a second straight session of losses [...]
Cummings: Govt and Bank of England feared lockdown would set off bond market meltdown May 26, 2021 Both the UK government and the Bank of England were afraid bond markets would face a meltdown if the economy was sent into lockdown, according to Dominic Cummings. Boris Johnson’s former advisor revealed during a parliamentary hearing in Westminster that it was the Bank of England that warned for the potential impact of a lockdown [...]
How much of a threat is the Indian variant? May 26, 2021 | City Talk The news of vaccines sparked joy and relief in the UK, as in many countries, as hopes grew about an end to the pandemic. However, the growth in variants globally has recently dampened spirits.Here in the UK, just as lockdown restrictions started to ease, the news of a new “double mutant” variant of the coronavirus, [...]
Refinitiv boss David Craig to leave London Stock Exchange May 26, 2021 London Stock Exchange Group today said David Craig, the boss of its Refinitiv data and analytics business, would depart at the end of the year
SSE profit rises as energy giant ramps up net zero push May 26, 2021 SSE today posted a rise in profit for the full year as the energy giant pushes ahead with its strategy of reaching net zero carbon emissions. The FTSE 100 firm posted adjusted profit before tax of £1.06bn in the year to the end of March, up four per cent on the previous 12 months. This [...]
St James’s Place enjoys strong inflows as client confidence improves May 26, 2021 Money manager St James’s Place said inflows this year had surged as government spending and the vaccine rollout drove positive investor sentiment. The FTSE firm said gross inflows for the five months to the end of May 2021 are likely to be around 23 per cent higher than the same period last year. It comes [...]
