‘Pendulum swung too far’: AIM hit with 222 delistings ahead of nomad changes Markets More than two hundred companies have been forced off London’s junior stock market over the last two decades after losing their corporate adviser in a move that has sparked a regulatory pullback by the London Stock Exchange. Some 222 firms on the alternative investment market (AIM) market have de-listed in the last 20 years after [...]
As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’ Markets Good morning and welcome back to the CityAM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance Markets Good morning and welcome back to the CityAM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
‘There’s a lot of risk out there’ – Bank of England warns of market ‘adjustment’ April 24, 2026 A top Bank of England official has warned that global markets could fall even further with current share prices not reflecting the economic risks at play. Sarah Breeden, the Bank’s deputy governor for financial stability, said: “There’s a lot of risk out there and yet asset prices are at all-time highs. “We expect there will [...]
FTSE 100 Live: BP tumbles on buyback suspension, Barclays profit boost February 10, 2026 Good morning and welcome back to the CityAM liveblog. It was a rocky day for bond markets on Monday as political jitters rippled through the City. The 10-year gilt yield – a key benchmark for the government – rose as much as 10 basis points to 4.62 per cent following news that Scottish Labour [...]
Polar Capital: Profit jumps as boss departs June 30, 2025 Asset manager Polar Capital reported a surge in profit for the latest financial year but a tough final quarter and the threat of market volatility lingered over results. The London-listed firm recorded a 27 per cent jump in core operating profit to £56.7m for the year ending March 31 2025. Pre-tax profit dipped six per [...]
St James’s Place: Assets slump as firm gears up for fee changes April 24, 2025 St James’s Place lost £3.3bn from weakening markets in the first quarter of 2025, despite investors continuing to pile cash into the wealth manager. The UK’s largest wealth manager reported that its assets under management fell during the quarter for the first time in years, as turmoil in the stock market impacted investments, according to [...]
Essentra in ‘grave danger’ of losing FTSE 250 spot as shares crater on lowered expectations September 17, 2024 Essentra, lowered its 2024 full year operating forecast, as its shares cratered by almost 20 per cent this morning. The company lowered its expectations, from the previous range of £48.4m-£49.7m to an estimated operating profit of £40m – £42m. This was put down to the impact of adverse foreign exchange translation of around £2m. Following [...]