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Panmure Liberum

  • Shipbroker shares fly on Iran war windfall

    Transport & Infrastructure

    Shares in Clarksons climbed as much as nine per cent on Monday, after the ship broker revealed a record performance in the first half of the year and told shareholders to expect full-year results “materially ahead” of expectations. Pre-tax profit at the shipping juggernaut was 39 per cent higher than the same period last year, [...]

    Aerial view of a large container ship moving through deep blue ocean waters, leaving a white wake.
  • Top investment bank: Starmer and Reeves left UK ‘no better off than they found it’

    Economics

    Keir Starmer and Rachel Reeves failed to leave the economy in a better position than they found it, according to top investment bank, which said the administration’s fixation on “luxury beliefs” kneecapped its number one mission to revive Britain’s flagging growth. In a research note on Friday, Panmure Liberum said the former Prime Minister and [...]

    Keir Starmer and Rachel Reeves discuss the Great British Summer Savings scheme at a press conference podium with banners b...
  • Gilt rout sparks calls for Bank of England to slow ‘unusual’ bond sale programme

    Economics

    The Bank of England should slow the pace of its costly approach to unwinding quantitative easing, which is pushing up government borrowing costs and weakening the public finances at a time when both are under significant pressure, several top economists have said. The calls follow the UK’s sovereign debt being swept up in a dramatic [...]

    The Bank of England is expected to go ahead with an interest rate cut despite high inflation.
  • Ferrexpo: Miner taps Ukrainian oligarch for $100m equity lifeline

    April 28, 2026

    Cash-strapped London-listed Ukrainian miner Ferrexpo confirmed today that existing investors are prepared to throw it a $100m lifeline as the former FTSE 250 stalwart scrambles to stay in business. It plans to issue new shares to raise the cash. But the time needed for the scheme will delay publication of its annual accounts for last [...]

  • Panmure Liberum: Netherlands will win first Fifa World Cup

    April 9, 2026

    Investment bank Panmure Liberum has predicted the Netherlands will win their first World Cup this summer having correctly forecast the previous three winners. In a note published on Thursday, author Joachim Klement said that the Netherlands under Ronald Koeman will lift the iconic gold trophy in New Jersey this summer. He correctly predicted Germany to [...]

  • Ceasefire hangs in balance after Iran shuts Hormuz

    April 9, 2026

    Hopes of an extended deescalation in the Middle East remain hanging by a thread, after Iran shut the vital Strait of Hormuz shipping lane in response to a round of Israeli strikes on Lebanon. Oil tankers have been barred from passing through the narrow stretch of water responsible for carrying over a fifth of seaborne [...]

  • Debenhams shares jump as turnaround gains pace

    March 30, 2026

    Shares in Debenhams bounced on Monday as the fashion giant reported better-than-expected performance as it said it is making “significant progress” on its turnaround. Debenhams Group, which was renamed from Boohoo last year, said its underlying earnings grew by 76 per cent in the last six months after the retailer slashed costs and revamped its [...]

  • IAG and Ryanair ‘best equipped’ to manage airlines’ fuel rationing

    March 25, 2026

    Ryanair and British Airways owner IAG are the two carriers best equipped to manage the crisis unfolding in the in the Middle East, according to a top investment bank which warned that potential supply rationing of jet fuel “could not be ruled out”. In a note published on Wednesday, Panmure Liberum said the pair of [...]

  • DFS defies wet weather to double profit

    March 19, 2026

    Furniture retailer DFS almost doubled its half-year profit despite recording lower shop footfall as wet weather dampens sales across retail.  The London-listed company recorded a £30m profit in the first half of this year, almost double the £16m recorded the year prior, as revenue grew by nine per cent to £548m.  The wet weather has [...]

  • Wizz Air pounced on by short sellers as Iran war knocks profits

    March 11, 2026

    Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company.  The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]

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