3 d. ago London suffers £10bn stock market hit as major firm to leave for the US

Wise reported rising profits and a new direction as they pursue a US listing

Economics

3 d. ago Fintech giant wise to switch its main share listing to the US in major blow for the City

Wise was the largest tech listing in the UK when it was valued at almost £9 billion after its 2021 stock market debut

Politics

3 d. ago Eurozone interest rate cut expected; fintech Wise delivers blow to London stock market – business live

Rolling coverage of the latest economic and financial newsMay was the busiest month for UK house sales since March 2022, new data from Rightmove this morning shows.Across Great Britain, the number of sales agreed is now 6% ahead of the same period last year, Rightmove reports. But London is lagging, with sales just 1% higher than a year ago. Continue reading...

Economics

3 d. ago Wise to Dual List Shares in US in Latest Blow to City of London’s Stock Market

Wise to Dual List Shares in US in Latest Blow to City of London’s Stock Market  Bloomberg

Politics

6 d. ago Money Saving Expert Martin Lewis urgently warns fans over chilling criminal deepfake AI video

Footage was manipulated and posted online suggesting the Money Saving Expert website founder would offer stock market tips each day in a WhatsApp group.

Events

6 d. ago Drug maker Indivior to abandon London stock market for the US

Indivior’s exit comes after the company moved its primary listing to the US’s Nasdaq index last year.

Events

1 week ago The Guardian view on Trump’s tariffs: the courts have drawn a line. So must Congress | Editorial

The worst of all outcomes would be for US legislators to agree to strengthen the president’s executive powersIf one thing is more challenging to the rule of law than a genuine emergency, it is the invention of a phoney one. Since returning to the White House in January, President Donald Trump has upended global trade and international relations, wiping billions off the stock market in the process, by imposing tariffs that he claims are a necessary response to an emergency. Yet that emergency does not really exist, except in the manner that Mr Trump himself has created it.The president claimed, on 2 April, that a lack of reciprocity in US overseas trade arrangements was “an unusual and extraordinary threat to the national security and economy of the United States”. He claimed that this justified him in declaring an emergency and governing by executive decree under the 1977 International Emergency Economic Powers Act (IEEPA). Congress, which normally has the responsibility to decide U...

Politics

1 week ago CEO pay rises again in the US as stocks and corporate profits soar

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply

Economics

1 week ago Shein seeks Hong Kong stock market listing in blow to London – reports

Shein has been planning to float in London for the past year but has struggled to get the go-ahead from Chinese regulators.

Politics

1 week ago Investor confidence in the UK soars on impressive rebound from 'awful April'

London stock market and pound rise after economy performed better than expected

Economics

1 week ago Singer Capital’s Tim Cockroft: Spinning off AIM could boost London’s stock market

Singer Capital’s Tim Cockroft: Spinning off AIM could boost London’s stock market  Financial News London

Politics

2 w. ago Ruben Amorim reveals Manchester United have two plans for transfer market

No Champions League football and no European football is bound to affect Man United's stock in the transfer market.

Sport

2 w. ago JPMorgan Jamie Dimon warns that the impacts of Trump’s ‘pretty extreme’ tariffs are still being underestimated

Wall Street boss suggests 10 percent stock market sell-off could be on the horizon

Events

3 w. ago Pork producer faces investor showdown after Mail on Sunday exposed how workers had been killing piglets by smashing them against floors and walls

Cranswick, which is traded on the London stock market, has seen about £71 million wiped off its value after the scandal erupted.

Economics

3 w. ago I was secretary of labor. Trump’s bizarre tariff scheme won’t revive American jobs | Robert Reich

Manufacturing and coalmining aren’t the way to make America great again. Here’s what would actually restore good-paying jobsOn Sunday night, the US announced that it was cutting tariffs on Chinese imports from 145% to 30%, for 90 days, and the Chinese are dropping tariffs on US goods from 125% to 10%, also for 90 days.The stock market soared on the news. (Anyone with inside knowledge of the deal could have made a killing.) Continue reading...

Politics

3 w. ago Cobalt firm taps in to electric car boom with £174m London stock market float

Cobalt firm taps in to electric car boom with £174m London stock market float  The Guardian

Economics

3 w. ago Stock market goes berserk on China trade deal as S&P 500 set to wipe out Liberation Day losses: Live updates

Donald Trump is sure to send the stock market rebounding after a flurry of major announcements on Sunday. 

Economics

last month ‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI

CrowdStrike CEO announces 5% of workforce to be slashed globally, citing artificial intelligence efficiencies created in the businessThe cybersecurity company that became a household name after causing a massive global IT outage last year has announced it will cut 5% of its workforce in part due to “AI efficiency”.In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike’s chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business. Continue reading...

Politics

last month Pension funds should invest more in UK equities, investors tell ministers

Downing Street meeting looks at ways to revive sentiment towards London stock market

Economics