CMC said it had seen “subdued market conditions” this month, with revenue set to be down 20% on last year
City Comment: Like Arm, the City was once a world leader in its own field that Britain could be proud of. That is in danger of being lost
The float is expected to be the biggest since 2021
The CMA said it will begin a new investigation with a deadline for a decision set for 18 October
Today represents one battle, albeit a significant and symbolic one, in a long campaign that is far from played out
CEO Jon Lewis tells the Standard cyber attacks are “a plague” on Western companies from “criminals in rouge states”
CEO Charles Woodburn tells the Standard Russia’s war in Ukraine is a reminder to investors of the importance of defence
Numbers look like a reality check on hopes that inflation has started to plunge
Trading income slips as financial market conditions get more challenging but rising rates help offset it
Consumer Price Index for June drops to 7.9%, providing ‘glimmer of light’ for the Bank of England
Ahead of tomorrow’s consumer price index, grocery prices are up almost 15%
Closer to home, inflation woes add to feeling of unease ahead of the latest CPI reading this week
London third in European IPO rankings behind Istanbul and Milan
Average selling prices down 9% to £342, 900 and reservations from new mortgage holders down almost half
Markets are pricing in an interest rate peak of 6.5%, probably early next year
Shareholders put in another £750 million to heavily indebted company
Moves to make it easier for companies to raise money in London are expected tonight
The average cost of a London house is £517,000, down over 4% in June
Digital payments authentication business at the 200-year old firm on course to hit £100 million revenue target
Revolution shares have been suspended since September of 2022 after it couldn’t get auditors to sign off on its accounts
Signs are that bigger homes mean the super-rich are using the capital as their primary residence
City voices: Too much of that capital is flowing off elsewhere these days
City investment bank points to turbulent politics and rising rates as it swings to an annual loss in deal drought
The FCA should pull back and let the police and courts do their work
City comment: Global confidence in UK capital markets remains low
It would have been the biggest UK listing so far in 2023, and came amid a drought of London floats
“We remain happy where we are,” its CEO Brendan Horgan tells The Standard
City Comment: Even two swallows do not make a summer
City Comment: London’s hegemony is still unchallenged — for now
The takeover represents a discount to the earlier £40.70 a share offer EQT made in April
