Tag: UK markets
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Investors Pull £3.6bn From Shares as Tax Rises Loom and AI Hype Grows
Introduction: The scale of the pullback Global and domestic markets have seen a notable retreat from UK equities as investors weigh the potential impact of tax policy shifts and the as-yet-unfolding AI investment story. Data from Calastone, a settlement and transaction network, shows about £3.6 billion has been withdrawn from share trading, signaling a cautious…
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Princes IPO Boosts London Stock Market with Nearly £1.2bn Valuation
Princes Group Begins Its London Stock Market Debut The Princes Group, famed for its range of tinned tuna and other pantry staples, has begun trading on the London Stock Exchange with a valuation close to £1.2 billion. The float marks a milestone for a company with a near 150-year heritage in the food industry and…
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FTSE 100 inches lower as gold cools and defence stocks retreat amid Gaza ceasefire prospects
FTSE 100 trades lower as gold eases and defence names pull back The London stock market edged lower on Friday, with the FTSE 100 drifting around the 9,500 level as gold prices retreated from recent highs and defence stocks came under pressure amid softer Middle East tensions. By mid-morning, the Footsie sat about 11 points…