FTSE 100 Live: Entain, Flutter sound alarm in Reeves’ tax raid aftermath November 27, 2025 Good morning and welcome back to the City PM liveblog. The dust has settled on the Labour government’s second Autumn Budget and Brits have been left reeling from a £26bn tax raid. Taxes collected as a share of GDP are set to jump to an all-time high in the coming years, according to the Office [...]
Molten Ventures eyes selling more Revolut shares after Nvidia investment November 25, 2025 A major shareholder in Revolut is planning to further sell down its stake as the company looks to rebalance its investment portfolio. London-listed venture capital firm Molten Ventures recently sold shares in Revolut worth £26.3m but continues to hold a stake in the fintech darling worth £152m, the largest single shareholding in its more than [...]
FTSE 100 Live: Nvidia invests in Revolut, M&C Saatchi, S4C shares tumble November 24, 2025 Good morning from the City PM liveblog team. Rachel Reeves is set to plug a looming £30bn hole in the public finances with a “dog’s breakfast” of tax hikes, according to new analysis. The Institute of Economic Affairs warns that the gap will likely be addressed by combining broad-based income tax rises with a patchwork [...]
FTSE 100 Live: Asos shares tumble, retail sales drop, Babcock sinks November 21, 2025 Good morning from the City PM liveblog team. With just days to go before the Budget, there is increasing investor nervousness about what surprises could be in-store for businesses. Few are expecting those surprises to be pleasant. Speaking to the paper yesterday, the boss of the world’s biggest platinum group metals recycler warned Rachel Reeves [...]
Shoplifting ‘epidemic’ and AI data centre demand help Mitie revenue surge November 20, 2025 Rising demand for shop security guards and AI data centres have helped drive a surge in sales for security and engineering services company Mitie. The FTSE 250 business, which has more than 80,000 staff, saw a 12 per cent rise in revenue from security services to £580m in the six months to end September, fueled [...]
FTSE 100 Live: Inflation falls to 3.6 per cent, WH Smith CEO quits November 19, 2025 Good morning and welcome back to the City PM liveblog. Global markets downturn continued on Tuesday, with Europe left swimming in the red. The FTSE 100 closed the day down 1.27 per cent at 9,552 as the boss of Google gave the latest warning on the soaring valuation of tech stocks. Sundar Pichai, the head [...]
Investors flee UK stocks as Budget jitters echo Liz Truss fiasco November 18, 2025 Fund managers are ditching UK stocks as the fastest pace since Liz Truss and Kwasi Kwarteng panicked markets with the 2022 mini-budget. Global investors have dramatically reduced their risk to UK equities as the Labour government’s second Budget edges closer, where a hefty batch of tax rises are expected to be on the horizon. Rachel [...]
FTSE 100 Live: Miners sink blue-chip index; CMA crackdown November 18, 2025 Good morning and welcome back to the City PM liveblog. We’re another day closer to the all-important Autumn Budget and the mood started on a sour note once more on Monday. The FTSE 100 struggled to slip out of the red ending the day on a loss of 0.24 per cent to 9,675.43p. Meanwhile, the [...]
Mixed shareholder reaction after huge £5.3bn FTSE 250 infrastructure merger November 17, 2025 Shareholders of two of the UK’s biggest infrastructure funds have had mixed reactions after the firms reached an agreement to merge in a blockbuster £5.3bn deal. FTSE 250-listed HICL Infrastructure and The Renewables Infrastructure Group (TRIG) said they had signed heads of terms on the business combination, in a move that will see voluntary winding [...]
