Industrial Strategy: Labour to turn City into ‘most innovative financial centre’ June 23, 2025 Labour has vowed to turn the Square Mile into “the world’s most innovative full-service financial centre” as the government laid out the key pillars of its much-anticipated industrial strategy. The policy document said the government would achieve the milestone by 2035, but was unclear about what the criteria were for hitting it or how it [...]
PPHE unveils £90m plan to turn lap dancing club into luxury London hotel June 23, 2025 Hotel giant PPHE has unveiled plans to turn an east London lap dancing club into a huge new hotel as it continues its expansion in the capital. The London-listed firm today unveiled a £90m proposal to construct a 21-story tower on Leman Street in Whitechapel, which will feature 182 rooms, a restaurant, bar, gym and [...]
Smarter Web Company becomes tech unicorn after stock surges six-fold in two weeks June 20, 2025 Smarter Web Company has become the UK’s latest tech unicorn, achieving a valuation of more than £1bn after its stock saw a six-fold increase in just two weeks. The web design and online marketing company saw its stock climb 18.3 per cent by the end of the day’s trading session on Friday to 500p, ending [...]
CMA won’t look back in anger over dynamic pricing practices June 20, 2025 Dynamic pricing can deliver “good outcomes for consumers”, the UK’s competition watchdog has said, after concluding a probe into the practice sparked by a consumer backlash over soaring prices at Oasis concerts. The strategy, in which the same products are sold to different consumers at different prices based on levels of demand, attracted furore last [...]
Blow to London Stock Exchange as Scottish Widows plots huge selloff June 19, 2025 The London Stock Exchange has been dealt another hammer blow after it emerged one of the UK’s biggest pension funds plans to massively cut its allocation for UK equities. The Edinburgh-based business, which manages as much as £72bn in pension assets, intends to slash the UK equities allocation in its highest growth portfolio from 12 [...]
Smarter Web Company shares jump after million-pound Bitcoin spree June 19, 2025 Shares in Smarter Web Company jumped in early London trade after the company reported its latest Bitcoin spending spree. The Aquis-listed business said it had acquired 104.28 Bitcoin at an average price of £77,751, bringing its total purchase to £8.1m. The move is the latest as part of Smarter Web Company’s “10 Year Plan” under [...]
The London Stock Exchange has a Martin Lewis-shaped hole June 18, 2025 Martin Lewis has helped millions with his money-saving tips, but his views are too short-term, writes Simon Hunt. Cultural observers have been stroking their chins over a recent social trend: a growing number of Brits are going to church on Sundays, reversing decades of decline. It’s a curious phenomenon. But I would posit there’s a [...]
Pisces edges closer to fruition after Avenir launches securities register June 17, 2025 Pisces edged a step closer to fruition today after one of Britain’s best-known share registrars launched a new set of products set to be compatible with the new market framework. London-based Avenir Registrars has launched its new “Register-lite” suite of products, designed to accommodate the needs of growth companies, including those who may be considering [...]
Bitcoin minnow Smarter Web Company joins ranks of UK’s most valuable businesses June 17, 2025 The Smarter Web Company has joined the ranks of the most valuable listed businesses in Britain after the firm’s stock rocketed in a matter of days. The Aquis-listed firm now has a market cap of £720m, after having more than tripled in the past week. That means it would now comfortably rank in the middle [...]
Costain shares jump after Peel Hunt, Panmure raise target price June 16, 2025 Shares in Costain jumped as much as 10 per cent in early London trade after raised price targets from analysts at both Peel Hunt and Panmure Liberum. The London-listed construction company’s target price was upgraded to 150p from 135p by Peel Hunt and to 170p from 150p by Panmure Liberum. The firm unveiled a £10m [...]
