Blackrock: Firms set to shun the stock market as volatility weighs on IPOs December 12, 2023 Companies are set to shun IPOs and stay private for longer due to volatility still weighing on global equity markets, according to a new Blackrock report.
Hargreaves Lansdown and AJ Bell shares slump as regulator fires interest rate warning shot December 12, 2023 Hargreaves Lansdown and AJ Bell have slumped in value this morning after the Financial Conduct Authority fired a warning shot at retail investment firms over the interest income they are making on customers’ cash.
The stock market may be back in vogue for Britain’s DIY investors December 12, 2023 Brits’ appetite for the stock market has come roaring back in the past month as retail investors pour cash into global equity funds, new data has revealed.
Polar Capital: Tech stocks remain attractive despite high valuations and market headwinds December 12, 2023 Polar Capital Technology, the tech-focused investment trust, said today that it believes global tech stocks remain attractive despite their recent performance
Could Shein be set to ditch New York for London ahead of bumper listing? December 11, 2023 Shein, one of the world's biggest online fast-fashion brands, is reportedly considering a float on the London Stock Exchange (LSE) in a glimmer of hope for the City amid a drought in listings.
London floats fall to six-year low as UK firms snub Square Mile December 11, 2023 The number of applications to list on the London Stock Exchange (LSE) has plunged to its lowest level in at least six years, new figures from the City watchdog show, as the Square Mile struggles to attract IPOs.
Firms work up a risk appetite as they expect rates to fall next year December 11, 2023 Board directors will take more risk and focus on potential acquisition opportunities next year thanks to an expected fall in interest rates and inflation.
FCA proposes simpler financial advice to cut costs for consumers December 8, 2023 The Financial Conduct Authority has proposed simplifying rules on financial advice to allow banks, insurers and investment firms to give information to less wealthy customers without having to comply with stringent safeguards that bump up fees.
London-based Marex files for New York IPO in huge blow to the City December 8, 2023 London-based commodities broker Marex has filed for an initial public offering in New York in a huge blow to the City after a drought of floats this year.
Labour no longer ‘sneering at business’ as it calls in City grandees December 8, 2023 The Labour party has said it is no longer “sneering at business” as it announced 10 new advisers for the City, including the chief of the London Stock Exchange and former chair of the Financial Conduct Authority.