London Stock Exchange

London Stock Exchange tech upgrade leads to recorded UK share prices plunging 99 per cent

The share prices of some the UK's best-known companies appeared to fall as much as 99 per cent today, after the London Stock Exchange (LSE) updated …

Business (UK)

Has British Gas conjured up a magical solution to energy bills?

Government talk of an energy price cap has spurred the big six into action but Centrica’s ban on new standard variable tariffs looks suspiciously cosmetic<p>It’s amazing what can happen when the government threatens to impose a price cap on energy bills. Suddenly the big six suppliers, who have spent …

Business

'No public airing' of dirty linen at the LSE

The spat between the London Stock Exchange and a rebel shareholder is unlikely to turn into the public row some are hoping for, City sources indicate.

The City

Plot to save London Stock Exchange chief executive Xavier Rolet risks triggering a messy exit

Successful leaders can be difficult to work with. From Margaret Thatcher to Alex Ferguson, people at the top are frequently characterised as …

Brexit

In the magazine: Super Rhônes

A new wine movement in the South of France is abandoning traditional classifications while resisting being defined by previous schools of rebellious …

Merrill Lynch

London Stock Exchange appointed City law firm Schillings in shareholder battle

Directors at the London Stock Exchange (LSE) Group have appointed City law firm Schillings ahead of a vital shareholder meeting to decide a battle …

Governance

British Gas Owner, Centrica, To Scrap Standard Variable Tariffs For New Customers

The Government is to impose a price cap on poor-value energy tariffs.<p>Darren Staples / Reuters<p>British Gas owner Centrica has said it will scrap …

Energy

Spire shares hit as takeover talks end

<b>Shares in private hospital group Spire dropped sharply after Mediclinic scrapped a bid for the company.</b><p>Spire had rejected a revised bid that valued its shares at 315.5p each, saying the offer "undervalued Spire and its prospects".<p>Shares in the FTSE 250-listed Spire fell more than 7% on the news, …

Markets

Deutsche Boerse says about 20 banks join its clearing programme

FRANKFURT (Reuters) - About 20 banks have signed up to Deutsche Boerse's (DE:DB1Gn) profit-sharing scheme on interest rate swaps at its clearing …

Merrill Lynch

FTSE stuck at seven-week lows as cyclicals, Shire declines

LONDON (Reuters) - Britain's top share index made a muted start to the week, holding at seven-week lows as cyclical sectors were on the back foot and …

Markets

The U.S. has won the battle on oil — and is poised to win the war

The world’s commentating class has been too quick to write off the U.S. as an economic and strategic hegemon.<p>Over the last week the International …

Oil

British stocks fall back as Carillion crashes, Sky soars

LONDON (Reuters) - British stocks fell back into the red on Friday, ending a short-lived recovery, as takeover interest boosted Sky and construction firm Carillion plummeted after warning it would breach debt covenants.<p>FILE PHOTO: A woman walks past the London Stock Exchange building in the City of …

Economy

UK accounting watchdog in push for tighter standards at smaller groups

The UK’s accounting industry watchdog says it is seeking a “step-change in the quality of reporting by smaller companies” in areas of shareholder …

Newspaper headlines: Takeaway container tax and jungle rescue

"Rescued!" is the headline on the front of the Daily Mail, which claims it helped find trapped explorer Benedict Allen from Papua New Guinea. It says it hired a helicopter and found him "deep in the jungle amid towering volcanic peaks".<p>A tax will be levied on plastic containers from takeaways in …

Damian Green

Carillion slumps 60% in worst day on record

Carillion, the beleaguered UK construction and outsourcing company, plummeted as much as 64 per cent on Friday in its worst fall since its 1999 …

Markets

Small-cap focus: logistics companies move on up

Logistics companies are vital to the modern economy, storing, shipping and delivering goods within countries and across borders.<p>Although the biggest …

Markets

Press Release: Inmarsat SB-Safety enters eval on United with Cobham - Runway Girl

Inmarsat, the world’s leading provider of global mobile satellite communications, and Cobham SATCOM, the leading manufacturer of satellite …

Aviation

GoCompare Announced as Headline Partner of 2018 Wales Technology Awards

Price comparision giant GoCompare has teamed up with the ESTNet to become the headline partner for the 2018 Wales Technology Awards.<p>The awards, which …

News (Wales)

Armageddon is coming – how real-life employers are preparing for life under Corbyn

Also in Any Other Business: The London Stock Exchange is in crisis just when it needs to look world-conquering<p>Numerous readers told me they liked my recent tale — offered as an antidote to ‘media sniping at corporate capitalism’ — about the temporary school built by Porta-kabin after the Grenfell …

Manchester

THERE WAS FRAUD ALL ROUND: AFTER PROMISING TO FIGHT IPIC’S DEMAND, NAJIB & CO CAVED IN – LAWYER TELLS KL COURT TO OVERTURN LONDON CONSENT AWARD

KUALA LUMPUR – A lawyer says the High Court should hear the merit of a suit brought by 10 opposition members against Prime Minister Najib Razak, the …

Malaysia

Cashing In at the Bitcoin Casino

<i>"Cryptocurrencies can go down as well as up."</i><p>You have to scroll to the very bottom of the latest hot new cryptocurrency venture's website to find …

Cryptocurrency

Britain's biggest debt collector Cabot pulls float

Britain's biggest debt collector Cabot Credit Management has pulled its float on the London Stock Exchange, blaming "market conditions" for initial public offerings (IPOs).<p>Cabot first announced its intention to float last month, with the hope of achieving a market valuation of £1bn and to raise …

Business (UK)

Cabot pulls London listing amid unfavourable market conditions

Goldman Sachs and Morgan Stanley were leading the deal, which the firm hoped would raise £195m<p>Debt management company Cabot has pulled its planned …

Markets

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.08%

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the Electrical, Industrial Metals & Mining and Gas, Water & …

United Kingdom

WSJ City: Trump Tax Plan Under Threat, Catalans Disappoint Brexiteers, What's Behind the Market Wobble?

Good morning from the WSJ City desks in London. Be the first with high-value stories. Download WSJ City on your mobile and let us keep you in the loop from 6am. The WSJ City app. Upwardly mobile. iPhone and Android. Your friends and colleagues can sign up to this newsletter here.<p>MUST READS FROM WSJ …

Business

FTSE rebounds as earnings in focus, GKN tumbles

MILAN (Reuters) - The UK’s top share index shrugged off weakness from oil stocks on Thursday as a handful of earnings updates were in focus, though GKN (GKN.L) plunged on uncertainty following the ditching of its CEO designate.<p>Pedestrians leave and enter the London Stock Exchange in London, Britain …

Oil

LAST CHANCE: £100,000 up for grabs for adtech and martech start-ups

Attention all martech, adtech and sales tech B2B start-ups!<p>Applications for Collider’s latest accelerator programme closes TODAY.<p>Existing to “shape …

Startups

FTSE 100 set to break five-day losing run as oil rebounds - Financial News

Engineering firm GKN slumps after chief executive designate ousted<p>UK stocks rose for the first time in six sessions on Thursday, boosted by a rebound …

Markets

How to solve the SME credit dilemma and rekindle the nation’s faith in capitalism

Generating more turnover than Brazil and employing five times as many people as Walmart and the NHS combined, there is no more powerful engine of …

FinTech

A New Era for Retail Bonds

In 'A New Era for Retail Bonds' Rishi Sunak MP calls for the Government to back the creation of a new exchange for SME bonds aimed at everyday …

Economy