city building UK IPO

Key figures in the City of London have applauded the UK's stock market reforms announced today, which are set to ease the regulatory burden on companies seeking to list on London’s exchange. The Financial Conduct Authority (FCA) unveiled a significant overhaul of the prospectus rules, aimed at reducing the complexity and cost associated with raising …

superdry quits from london stock exchange

Superdry PLC (LSE) will conclude its 14-year stint on the London Stock Exchange today, marking the end of an era for the distressed fashion chain. The decision comes amid a tumultuous period characterized by declining sales, widening losses, and a recent £10 million rescue package from its founder. Once valued at over half a billion …

Titanic shipbuilder Harland & Wolff suspends trading

Harland and Wolff suspended trading on the London Stock Exchange due to accounting issues delaying the release of its annual report. The Belfast-based company, known for owning the shipyard that built the Titanic, disclosed ongoing discussions with auditors regarding revenue accounting methods for certain contracts. Consequently, it postponed the publication of its 2023 annual report …