City minister Afolami rounds on regulators and calls to maintain ties with China May 20, 2024 The City minister has doubled down on the government’s collision course with regulators today as he laid out a choice between “high regulatory barriers” and making the Square Mile “competitive” on the global stage.
London-listed Knights reports double digit profit growth May 20, 2024 Knights reported double digit profit growth over the last final year while its revenue rose by nearly £8m, as going forward the group will consider "selective acquisitions"
Lotus supplier CT Automotive swings to profit May 20, 2024 CT Automotive swung to a full-year profit on Monday amid a recovery in the global automotive market and the re-opening of Chinese markets.
Hilton Food Group trades in line with expectations despite tough market May 20, 2024 Food packaging company Hilton Food Group said volumes and sales are trading ahead of the same period last year, as the business continues to trade in line with board expectations.
City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services May 20, 2024 The UK has extended its lead as Europe's top destination for investment into financial services despite the impact of Brexit, according to a new survey from EY.
Applied Nutrition flexes muscles with plans for £500m float May 20, 2024 Performance supplement manufacturer Applied Nutrition has stepped up its plans for a half-a-billion pound float on the London Stock Exchange by meeting over 25 City fund managers in recent weeks.
FTSE 100 today: London markets set to open higher, echoing global trends May 20, 2024 Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.
London-listed Keywords Studios receives private equity bid at 73 per cent premium May 19, 2024 Video game services company Keywords Studios has said it would be "minded" to accept a £2.2bn takeover bid from Swedish private equity giant EQT Partners if it makes a firm offer.
Raspberry Pi staff set for £68m windfall from London float May 19, 2024 Employees at computer firm Raspberry Pi are poised to enjoy an up to £68m windfall from the company’s float on the London stock market in the coming weeks. According to a London Stock Exchange filing, the Cambridge-based firm’s employee incentive scheme controls a roughly 13.6 per cent stake in Raspberry Pi. If the firm achieves [...]
Why private equity is yet to pounce on the London Stock Exchange this year May 18, 2024 As private equity firms bounced around London auditioning advisors and lawyers late last year, top dealmakers were looking forward to a return to action. But so far, they're yet to rear their head.