Klarna could trigger a fintech IPO boom but can London benefit? September 11, 2025 Klarna’s hot debut on the New York Stock Exchange has opened the doors for a flood of fintech listings but analysts are raising concerns whether the London market can enjoy this new stream. The Swedish fintech unicorn’s stock popped 15 per cent from its IPO price of $40. Shares closed at $45.82 after raising $222m. [...]
This is what quoted companies need to grow September 11, 2025 Despite Tube strikes, the QCA Annual Dinner celebrates UK small and midcap success while urging the government to scrap stamp duty, rethink ISAs, and boost liquidity to strengthen public markets and drive economic growth, says James Ashton It will take more than an irritating Tube strike to stop hundreds of business leaders, their advisers, investors, [...]
FTSE 100 Live: Trainline stock soars, BP and Shell edge higher September 11, 2025 Good morning from the City PM liveblog team. Shares in Shell, BP, Playtech and Trainline were among the biggest risers in the London markets this morning, after the latter two reported earnings that sailed past analyst expectations. The government’s growth ambitions were dealt another hammer blow last night, after US pharma giant Merck pulled the [...]
Defence stocks rise as Europe’s tensions with Russia escalate September 10, 2025 European defence stocks rallied on Wednesday after the shock arrival of Russian drones across the border with Poland sent tensions in the region to fresh highs. Shares in FTSE 100 giant BAE Systems closed up 2.1 per cent to 1,830p by the end of the day’s trading in London, while Italy’s Leonardo rose 2.4 per [...]
Pisces rival claims LSE venue won’t give firms enough trading volume September 10, 2025 The London Stock Exchange’s plan to let private companies trade shares just twice a year on a new private stock market will not offer firms or investors enough trading volume, according to the boss of a rival platform that hopes to launch next month. Mike McCudden, chief executive of private shares platform JP Jenkins, told [...]
Klarna’s IPO success could lure fintechs away from London September 10, 2025 By Oscar McDonald Swedish buy-now-pay-later giant Klarna has teed up its second attempt at an IPO, with the eyes of the fintech world set on its New York debut. The company’s valuation has been on a rollercoaster ride over the past three years, peaking at £33.6bn in July 2021 before plummeting to £4.95bn a year [...]
FTSE 100 Live: Stocks edge up as Primark sales hold steady; Rachel Reeves to give speech to investors September 10, 2025 The FTSE 100 is netted a marginal gain on open as a sleuth of London-listed firms providing trading updates. The blue-chip index jumped 0.2 per cent on open to around 9,262.40. But this slightly trails its European counterparts where Germany’s DAX rose 0.4 per cent gain and Italy’s MIB and France’s Cac 40 0.3 per [...]
Burford Capital invests in London-based legal advisory firm September 9, 2025 Dual-listed financial firm Burford Capital has made a minority investment in London-based Kindleworth as the firm seeks to invest in businesses that are “reshaping the legal landscape”. Founded in 2012, Kindleworth was launched as an advisory and consulting service to provide support to law firms, encompassing finance, compliance, technology, HR, operations, and marketing. Since its [...]
Live: Gold hits new high amid global uncertainty September 9, 2025 UK equity markets appear poised for a lower open this morning, following the US markets’ overnight decline. However, the NASDAQ index of tech stocks reached a new all-time high yesterday and so did the price of gold, which continues to head higher on speculation the Federal Reserve will cut interest rates further throughout the rest [...]
Tom Tugendhat backs calls to marshal financial services to boost defence September 8, 2025 Tom Tugendhat has backed a report calling for greater involvement from the financial services sector to boost defence spending in the UK. The MP for Tonbridge, who served as security minister from September 2022 to July 2024, said Canada has a “vital role to play” in the country’s national resilience. “From Taiwan [...]
