FTSE 100 Live: Miners lead stock rally; Pound holds onto gains January 29, 2026 Good morning and welcome back to the City PM liveblog. Is President Donald Trump trying to devalue the dollar? That’s the question many in the City and across global markets were asking yesterday after Trump referred to the dollar dropping 1.3 per cent against a basket of currencies as “great”. The President’s triggered another 0.2 [...]
Nearly 600 jobs to go as Revolution Bars rescue deal shuts over 20 sites January 27, 2026 Nearly 600 jobs are set to be wiped out after a last-minute rescue deal to acquire the group behind Revolution Bars will see more than 20 sites closed with immediate effect. Administrators for Revel Collective, the AIM-listed hospitality group which also owns the Peach pubs chain, said two separate deals had been reached to sell [...]
Loveholidays eyes £1bn London IPO as soon as March January 27, 2026 London’s public markets could be set for a blockbuster £1bn spring listing from one of Britain’s largest online travel agents, giving the bourse welcome momentum in the new year after a strong end to 2025. Loveholidays’ private equity owners, Livingbridge, has reportedly added Investec to its roster of banks preparing to launch a listing. According [...]
Optimism picking up after ‘disruptive’ Budget, says Paragon chief January 27, 2026 Optimism in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025. Nigel Terrington, the boss of Paragon bank, told City PM that despite it being the early days of 2026, the mood was beginning [...]
Starmer caps ground rents after fears of Rayner-led rebellion January 27, 2026 Sir Keir Starmer has introduced a cap on ground rents following fears of an MP rebellion led by the former deputy Prime Minister Angela Rayner. The Prime Minister announced the new move – which will cap ground rents at £250 a year for leaseholders in England and Wales – on TikTok, saying it will “make [...]
FTSE 100 Live: HSBC carries blue-chips; Starmer eyes China trade January 27, 2026 Good morning and welcome back to the City PM liveblog. Gold’s magnificent rally was continuing on Tuesday morning after breaking through the $5,100 mark for the first time. The flurry to safe haven assets notched up after Trump threatened Canada with 100 per cent tariffs if the country “made a deal with China”. Last week [...]
Traditional legal model shaken by investor interest and IPO ambitions January 26, 2026 External investment is increasing in mid-size legal firms, according to a new report, which revealed that nearly 70 per cent of firms have been approached by private equity investors or PE-backed entities in the last year. New data from MHA, in conjunction with the Law Society, shared with City PM, shows that the majority of [...]
S4 Capital shares surge as profit guidance improves January 26, 2026 Digital advertising company S4 Capital shares jumped in early morning trading after reporting that activity during the final quarter was ahead of its revised guidance. Shares surged 40.6 per cent to 27.2 pence as the company defied the challenging backdrop for advertising groups, but reported a fall in revenue. The company anticipates full year net [...]
FTSE 100 Live: Gold surges past $5,000, S4 Capital shares rocket January 26, 2026 Good morning from the City PM liveblog team. While brokers and stock exchange managers are hoping for an IPO comeback in 2026 after a four-year drought, some investors are less keen to see a flood of fresh companies hitting the market. Speaking at an Innovate Finance panel discussion chaired by City PM, James Codling, managing [...]
Fintechs should avoid ‘trap’ of early IPO, warns top London VC investor January 26, 2026 Fintech firms considering joining the public markets should avoid the “trap” of floating too early or risk “disaster”, a top London venture capital investor has warned. Speaking at an Innovate Finance panel discussion chaired by City PM, James Codling, managing partner of VC firm Volution, said fintechs must make sure they “get to the right [...]
