GBP/USD 1.357 EUR/GBP 0.851 GBP/JPY 195.485 EUR/USD 1.155 GBP/AUD 2.089 USD/JPY 144.110 USD/CAD 1.359 AUD/USD 0.649 CAD/JPY 106.037 EUR/CAD 1.570 GBP/CAD 1.844 AUD/CAD 0.883 AUD/JPY 93.585 AUD/NZD 1.079 EUR/AUD 1.778 GBP/USD 1.357 EUR/GBP 0.851 GBP/JPY 195.485 EUR/USD 1.155 GBP/AUD 2.089 USD/JPY 144.110 USD/CAD 1.359 AUD/USD 0.649 CAD/JPY 106.037 EUR/CAD 1.570 GBP/CAD 1.844 AUD/CAD 0.883 AUD/JPY 93.585 AUD/NZD 1.079 EUR/AUD 1.778
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News from City A.M.

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City A.M. • Jun 14, 2025

Metro Bank receives private equity-backed takeover interest

Private equity interest in Metro Bank indicates potential changes in ownership that might impact its market valuation and could result in the company being delisted from public tra...

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City A.M. • Jun 12, 2025

Dignity: Funerals giant returns to profit after ditching London and shedding hundreds of jobs

After selling to private investors and reducing its workforce significantly, Dignity experienced a financial turnaround by achieving profitability in its first complete year follow...

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City A.M. • Jun 12, 2025

Wincanton: Losses double as GXO takeover decision drags on

Wincanton reported a significant increase in pre-tax losses, totaling £44.9 million for the year ending March 2024, as uncertainty surrounding a potential acquisition by GXO contin...

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City A.M. • Jun 12, 2025

Bargain Britain: UK firms under siege by foreign takeovers

Recent acquisitions by international investors and private equity groups have significantly impacted UK financial markets, reflecting increased foreign influence over domestic comp...

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City A.M. • Jun 11, 2025

Spending Review: Reeves piles billions into tech as firms cool on UK

The government significantly increased investment in research and development to support technological progress, despite recent withdrawals of several technology companies from the...

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City A.M. • Jun 11, 2025

Private equity giant KKR returns with final bid for Assura

The £1.7 billion all-cash acquisition of Assura by investment firms KKR and Stonepeak highlights a significant transfer of ownership away from public markets, impacting the London...

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City A.M. • Jun 11, 2025

Canadian giant swoops for London-listed Ricardo

The acquisition of the London-based engineering company by a major Canadian consultancy for £281 million highlights a significant foreign investment impacting the valuation and own...

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City A.M. • Jun 11, 2025

Rolls-Royce shares are champion of FTSE 100, analysts say

The substantial increase in Rolls-Royce’s stock value this year highlights its strong market performance, significantly contributing to investor confidence and influencing the over...

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City A.M. • Jun 09, 2025

Thameslink operator slumps into the red ahead of Elizabeth Line takeover

The company managing key rail services experienced a significant pre-tax loss in 2024, reversing from previous profits, as it prepares to assume control of a major new transit rout...

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City A.M. • Jun 09, 2025

Alphawave reaches deal on Qualcomm takeover

The agreement for Qualcomm to acquire Alphawave highlights a major transaction in the semiconductor industry, signaling significant investment shifts and potential market changes w...

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City A.M. • Jun 06, 2025

A Wise storm has rocked the London Stock Exchange’s fintech dream

The decision by a major fintech company to prioritize a US listing over London has raised concerns about the prospects for revitalizing the UK’s financial technology sector and cap...

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City A.M. • Jun 05, 2025

Wickes jumps up to FTSE 250 as National Express owner axed

Wickes' recent stock price increase has resulted in its inclusion in the FTSE 250 index, reflecting a shift in market rankings that has led to other companies being removed from th...

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City A.M. • Jun 05, 2025

Double blow to London as Cobalt Holdings abandons IPO

Cobalt Holdings' decision to cancel its $230 million stock launch in London adds to recent challenges for the UK financial markets, following the departure of Wise to the United St...

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City A.M. • Jun 05, 2025

UK fintech Wise ditches London primary listing for US

By shifting its primary stock exchange to the United States while maintaining a secondary presence in the UK, Wise aims to access larger capital markets and enhance investor divers...

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City A.M. • Jun 04, 2025

Schroders steps back from City lobbying taskforce

Schroders’ withdrawal from the City taskforce may affect collaborative efforts aimed at enhancing investment opportunities and expanding the financial sector within London’s capita...

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City A.M. • Jun 02, 2025

Invidior: Drug maker ditches London for US

Invidior's decision to shift its main listing to the US highlights concerns over market liquidity, shareholder distribution, and regulatory complexities, potentially influencing in...

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City A.M. • May 24, 2025

London vs New York: Who will win the fintech IPO war?

Efforts to attract fintech companies to list shares indicate a strategic push to enhance market activity and investment opportunities, potentially impacting the financial growth an...

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City A.M. • May 20, 2025

Analysts look to follow-on funding for London Stock Exchange IPO revival

Despite a decline in initial public offerings, the London Stock Exchange remains a key player in Europe by generating substantial capital through additional fundraising rounds afte...

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City A.M. • May 19, 2025

iForex confirms London listing plans and adds City veteran to board

The announcement of iForex’s upcoming debut on the London Stock Exchange marks a significant step toward increased market visibility and potential capital growth through public inv...

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