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London Stock Exchange

  • Equals: Payments fintech doubles annual profit and eyes up further growth with M&A

    April 16, 2024

    Payments fintech group Equals has more than doubled its annual profit on the back of rapid growth and international expansion.

  • Plus500 expects to outperform market expectations after strong start to 2024

    April 16, 2024

    The London-Israeli firm saw a 13 per cent jump in new customers compared to the same quarter last year, although the number of active customers dipped two per cent.

  • Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group

    April 16, 2024

    In the letter, which City PM has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."

  • Dr Martens names new chief executive amid sales slump in the US

    April 16, 2024

    Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker. 

  • Tclarke becomes the latest firm to leave the London Stock Exchange with £91m buyout

    April 16, 2024

    Regent has offered 160p per share in cash for Tclarke as well as a final dividend of 4.525p per share, representing the final dividend for the latter's financial year ending 31 December 2023.

  • Superdry to delist from London Stock Exchange in latest effort to stay afloat

    April 16, 2024

    Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive. 

  • Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat

    April 15, 2024

    Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores. 

  • Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech

    April 15, 2024

    London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent and the depth of its capital markets will tempt companies looking to IPO.

  • Inchcape to sell its UK retail operations for £346m

    April 15, 2024

    Inchcape's UK retail operation employs 3,600 people and sells vehicles from 80 sites.

  • FTSE 100 firms braced for battle on executive pay as proxy advisers push back

    April 15, 2024

    FTSE 100 firms are braced for a bruising few weeks as the battle with proxy advisors over executive pay in the City continues, with both LSEG and Smith & Nephew facing possible shareholder rebellions over pay.

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