Revolut price tag ‘just a stepping stone’ to a trillion, says Fuse boss Fintech Revolut will become a trillion dollar company, one of its most high profile alumni has claimed, with any valuation on the road to that a mere “stepping stone”. The London-born fintech giant – which currently boasts a valuation of $75bn – is tipped to launch another secondary share sale in the second half of this [...]
Boots eyes £7.5bn sale in blow to hopes of London IPO Retail The owners of Boots are weighing up a £7.5bn sale which would dash hopes of a London listing and deal another blow to the UK’s stock exchange. Sycamore Partners, the private equity firm which bought Boots’ parent company for $23.7bn last year, has been in talks with a number of suitors since before Easter. The [...]
Superdrug owner eyes up London float in $30bn dual listing Retail The owner of Superdrug is eyeing up a blockbuster London float as part of a $30bn dual listing later this year. AS Watson, which owns the health and beauty retailer, plans to raise about $2bn by listing its shares in both London and Hong Kong before the end of 2026. The Superdrug owner would join [...]
SpaceX IPO puts Musk’s AI empire – and ambitions – in the spotlight May 21, 2026 SpaceX has finally opened its books to public markets, revealing a company generating tens of billions in revenue, burning through cash at an extraordinary speed and betting its future on AI as much as rockets. The long-awaited Nasdaq float, expected next month, could value Elon Musk’s space and AI empire at as much as $1.75 [...]
Cinema chain Vue eyes blockbuster £1.5bn sale or listing May 6, 2026 Vue is bringing in bankers to oversee a float or sale which could value the cinema titan at as much as £1.5bn, according to reports. The British cinema chain, helmed by Canadian founder Tim Richards, has been interviewing banks in recent days as it pencils in the formal appointment of advisors later this year. Vue [...]
Boots shapes up for potential London IPO April 21, 2026 The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year. Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital. [...]
City minister: Tax regime ‘sends a message’ to fintech IPO prospects April 21, 2026 The City minister has said the tax regime “matters” for how the UK can strengthen capital markets as part of its bid to lock down the next cohort of listing candidates. Lucy Rigby, economic secretary to the Treasury, said the government was looking to build on the “historical success of our capital market” as it [...]
Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves March 11, 2026 Welcome back to the CityAM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally February 25, 2026 Good morning and welcome back to the CityAM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]