London Stock Exchange Struggles Highlight 'Broken Growth Model'

London Stock Exchange Struggles Highlight 'Broken Growth Model'

A recent editorial from The Guardian has highlighted the persistent struggles of the London Stock Exchange (LSE), which is shrinking at its fastest rate since 2010.
The piece argues that the LSE's challenges, including companies increasingly opting to list overseas, are not just a market issue but a symptom of a deeper problem: Britain's 'broken growth model' and stubbornly low levels of business investment.
The editorial points out that British pension funds have retreated from investing in UK equities, with a significant shift towards gilts and US tech stocks.
It criticizes both the government and the CBI's proposed solutions, suggesting they rely too heavily on deregulation and fail to address the underlying issues of low productivity and an economic model that favors dividend payments over long-term investment.

Bullion Bonanza: Gold Price Hits Record Highs Amid Global Instability

Gold is on track for its strongest annual performance since 1979, with bullion hitting a series of record highs driven by high interest rates, inflation, and increasing geopolitical crises.

UK State Pension Set for £500+ Increase in 2025

DWP confirms state pension is on track for a 4.7% rise, giving retirees over £500 extra annually under the triple lock system.

James Latham Revenues Rising Amid Strong Timber Demand

Timber and materials distributor James Latham has reported a rise in revenue, citing strong demand for timber products.

Convatec Launches $300m Share Buyback Program

Medical products company Convatec has seen its shares surge after announcing a new share buyback program of up to $300 million.

Angling Direct Reports Stronger-Than-Expected H1 Trading

Fishing tackle and equipment retailer Angling Direct has reported a stronger-than-expected first-half trading performance, boosted by a solid UK performance.

UK Inflation Rises by More Than Expected to 3.8%

UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.

UK Inflation Rises More Than Expected, Hitting 3.8%

UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.

FTSE 100 Hits New Highs Amid Geopolitical Optimism

The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.

UK Households Face Higher Energy Bills Despite Previous Forecasts

Despite earlier predictions of a fall, UK households are now being warned that their energy bills are expected to rise from October.

UK Pensioners Could Receive a £500 Boost to State Pension Next Year

Projections suggest that UK pensioners could see a significant increase of up to £500 in their state pension next year under the 'triple lock' policy.

Conygar Investment Sells Nottingham Gym for £6.8m

Conygar Investment Co has sold a Virgin Active gym in Nottingham for £6.8 million, as part of a strategic portfolio realignment.

Firering Strategic Minerals Seeks Refund as Partner Pulls Out

Firering Strategic Minerals has announced that its joint venture partner Ricca Resources has withdrawn from an earn-in agreement, and it is now seeking a refund.

Revolution Beauty Warns of Lower EBITDA

Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA will be lower than expected after a revision to its stock provisions.

Buccaneer Raises £0.6m to Fund East Texas Drilling

Buccaneer Energy has raised £0.6 million through a placing and subscription to fund drilling activity in East Texas.

Ricca Resources Withdraws from Earn-in Deal with Firering

Ricca Resources has withdrawn from its earn-in agreement with Firering Strategic Minerals, returning full control of the assets to the company.

Shein Looks at Moving Back to China for Hong Kong Listing

Fast-fashion company Shein is reportedly exploring a listing in Hong Kong as its London IPO plans face significant political and regulatory scrutiny.

Shein Considers Hong Kong Listing as London IPO Stalls

Fast-fashion company Shein is reportedly exploring a listing in Hong Kong, as its plans for a potential London IPO face significant regulatory and political challenges.

FTSE 100 Rises Amid Hopes of End to Ukraine War

London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.

Berenberg Raises Target Price on Entain

Analysts at Berenberg have increased their target price on the bookmaker Entain, stating that the group's valuation remains 'attractive'.

Deutsche Bank Hikes JD Sports Price Target

Shares in JD Sports surged after Deutsche Bank raised its price target on the stock, citing the company's strong performance and growth potential.

Tenants in England Spend 'Unaffordable' 36% of Income on Rent

A new survey reveals that tenants in England are spending an 'unaffordable' 36% of their income on rent, highlighting the country's severe housing affordability crisis.

UK Property Asking Prices Fall 1.3% in August

The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.

UK Regulator Probes Troubled Wood Group's Financials

The UK's financial watchdog has launched an investigation into the financial health and practices of the London-listed engineering and consulting firm Wood Group.

BlackRock Backs Gupta's Bid to Retain Grip on UK Steel Empire

Global investment giant BlackRock has thrown its support behind Sanjeev Gupta's bid to retain control of his struggling UK steel empire.

Soho House Returning to Private Ownership

The exclusive members' club Soho House has announced it will be returning to private ownership after a period of public trading.

Balfour Beatty Profits Lift as it Eyes Boost from UK Projects

Construction giant Balfour Beatty has reported a lift in profits and is optimistic about a boost from its UK construction projects.

Over 200 UK Pubs Close in Six Months in 'Heartbreaking' Trend

New data reveals a 'heartbreaking' trend with more than 200 pubs across the UK closing their doors in just the last six months, highlighting the severe challenges facing the hospitality sector.

Balfour Beatty Profits Lifted by UK Construction Projects

Construction and infrastructure giant Balfour Beatty has reported a lift in its profits, citing a strong performance from its UK-based construction and infrastructure projects.

Pension Annuity Rates Soar to Near All-Time Highs

Annuity rates for pensions have climbed to their highest levels in years, making now a potentially opportune time for retirees to purchase a guaranteed income stream.

Shein Chairman Says Firm 'Wants to be Listed Company'

The chairman of fast-fashion giant Shein has reiterated the company's desire to become a publicly listed company, even as its IPO plans face scrutiny.

showbiz sport money travel garden news tech health science business politics culture environment