JD Sports shares plunged more than 12 per cent this morning after the company issued a profit warning. The FTSE 100 giant forecast full year profit before tax at between £915m and £935m, down from its previous estimate of £955m to £1.035bn. This morning, the retail giant told markets sales fell 1.5 per cent across November [...]
On Oct. 24, a hacker compromised a wallet likely controlled by the United States government. …
Key Takeaways The S&P 500 added 0.2% on Thursday, Oct. 24, 2024, following strong quarterly …
Bitcoin could be worth $125,000 by the end of the year if members of the …
American stocks are expensive – really expensive. The way analysts measure how expensive stocks are is looking at the ratio of their price to the company’s annual earnings. Goldman Sachs has calculated that even excluding the largest technology companies, US market valuations are at a 20-year peak, currently sitting at a ratio of 19.3 price [...]
EG Group is set to end 24 years as a private company with a £13bn float on the New York Stock Exchange, according to reports. Co-founder of EG Group and current non-executive, Zuber Issa, told the Sunday Times that “the road map is starting now” on an IPO, with the float expected to complete this [...]
In a trading statement covering 2024, the firm delivered a total of 10,664 homes, up seven per cent on the previous year and slightly ahead of market expectations.
Finding a family estate used to be an easy process, with almost every car manufacturer offering a ‘longroof’ version of its hatchback or saloon models. Fast-forward to the present day, however, and finding a new wagon can feel trickier than having a balanced argument on social media. We can thank the exponential rise of the [...]
A scandal broke out at one of the only remaining listed legal groups last week. It is time to say the London Stock Exchange is not the place for the legal sector
Will Tulip Siddiq still be the City minister by the end of this week? It’s an important question, for a number of reasons. Siddiq’s fate matters a great deal to Keir Starmer and the government, because nobody wants to lose an anti-corruption minister to a corruption scandal. It matters to the wider Labour party because [...]
Private equity fund managers are coming under mounting pressure from their investors to begin striking deals after a sluggish two years hampered by political turmoil and lofty interest rates, advisers have said. While deal value ticked up through 2024, backers of top private equity funds are taking a “sterner” tone with fund managers after a [...]
Intermediate Capital Group is set to face Irish investor Barry Maloney in High Court today over a spat linked to an investment into "unicorn" firm Workhuman
After a successful career in business, Sir Rod Aldridge stepped onto the board of the North’s leading arts institution The Lowry. Here explains why the best career moves are sometimes the most unexpected When I was approached about the role of chair at The Lowry, the North West’s leading arts institution, I’ll admit it felt [...]
A top UK stockpicker is betting on small companies listed on the London Stock Exchange that make most their cash overseas amid fears the British economy will stagnate this year. “The winners will be US or global earnings with a London listing,” said Laurence Hulse, manager of the UK small company-focused Onward Opportunities trust. The [...]
UCL School of Management has announced it will expand its facilities at Canary Wharf as the financial services hub continues to diversify its offering. The UCL school at One Canada Square, which offers undergraduate, postgraduate, executive and PhD programmes, will occupy two additional floors on levels 48 and 49 for staff, teaching and learning spaces. [...]