The Works: Shares triple in value after ‘living to fight another day’ July 22, 2025 Shares in The Works have more than tripled in price in the space of four months after recovering from investors questioning “its relevancy in modern retail”. Stock in the West Midlands-headquartered company was priced at 20p towards the end of March but their value has rocketed since then and are now changing hands for more [...]
The ‘Tell Sid’ campaign should learn from the gambling industry July 22, 2025 There are two common explanations for why Brits invest so much less in stocks than our US counterparts. The first is we have a risk-averse culture, so cash is king. The second is we are a poor nation, and many lack the money. But here’s a counterpoint: gambling. By some measures, the UK has the [...]
Astrazeneca plots huge $50bn US investment after ditching UK expansion plans July 22, 2025 Astrazeneca has unveiled plans to invest as much as $50bn in manufacturing and R&D in the US after ditching its UK expansion plans in a blow to the government’s industrial strategy. The Cambridge-based pharma giant said it will spend the huge sum over the next five years, including on a new manufacturing facility in Virginia, [...]
Wise co-founders clash over New York listing plans July 21, 2025 A plan to move Wise’s primary listing from London to New York has been thrown into doubt after one of the firm’s co-founders urged shareholders to vote against the move. Taavet Hinrikus, who served as chief executive of the London fintech from its founding in 2011 until 2017, warned he was “deeply troubled” over the [...]
Mike Ashley’s investments double to £1bn thanks to Hugo Boss shares July 17, 2025 The total value of the stakes Mike Ashley’s empire holds in the likes of Hugo Boss, AO World and Boohoo have doubled to £1bn in just over a year, it has been revealed. According to the group’s latest financial results, which have been filed with the London Stock Exchange, the value of its investments in [...]
The Gym Group shares slide as largest investor reveals sell-off July 17, 2025 The largest single shareholder in The Gym Group has revealed plans to significantly slash its stake. Blantyre Capital is looking to offload around five per cent of its shares in the London-listed company to other institutional investors. The investor currently has a stake of just under 12 per cent in The Gym Group and is [...]
Rolls-Royce’s FTSE 100 shares pass £10 for the first time July 17, 2025 Shares in FTSE 100 giant Rolls-Royce have reached the £10 for the first time in its history. The Derby-headquartered behemoth started the day with its shares priced at 988p – giving it a valuation of £83.5bn. But after a 1.3 per cent rise so far today, Rolls-Royce’s shares are now changing hands for 1,001p. The [...]
Wise shares tumble ahead of switch to US primary listing July 17, 2025 Wise shares sunk on Thursday morning after the London fintech disappointed analysts in a trading update ahead of its upcoming switch to a US primary listing. The £12bn money transfer business reported a 24 per cent rise in quarterly cross-border volume to £41.2bn in the three months to end June, while customer holdings grew by [...]
Cohort’s shares rally after soaring defence demand spikes profit July 16, 2025 Defence tech group Cohort shot past market expectations for the year ending April 30 as geopolitical tensions helped spike demand. The London-listed firm, whose customers included the UK Ministry of Defence, recorded a pre-tax profit of £25.6m, up 29 per cent from 2024. This came as revenue jumped 33 per cent to £270m as the [...]
FTSE 100 giant ICG bulks up as demand for alternatives grows July 16, 2025 Global alternative asset manager Intermediate Capital Group (ICG) experienced a strong first quarter of its 2025 financial year, as investor appetite for private equity-style returns continued to grow. The London-listed firm raised $3.4bn (£2.5bn) in the three months to June 30. This was led by ICG’s Europe IX fund, which targets mid-caps across the region, [...]