Reddit reveals quirky IPO plans to let users buy into stock
Social media site Reddit filed for a hotly anticipated IPO on the New York Stock Exchange yesterday with plans for an unusual offering to allow its users to buy into…
Social media site Reddit filed for a hotly anticipated IPO on the New York Stock Exchange yesterday with plans for an unusual offering to allow its users to buy into…
Mike Ashley’s retail empire Frasers Group has significantly increased its stake in model railways manufacturer Hornby. The owner of Sports Direct and House of Fraser has acquired more than 11…
A British real estate investment trust has offloaded two student accommodation sites in Bristol and Exeter for a total of over £3m. London-listed Ground Rents Income Fund plc said today…
The City of London Investment Group (CLIG) announced its 2023 half-year results as for the first time, the group reported in US dollars. For the second half of 2023, its…
The UK’s electricity and gas watchdog has lowered the energy price cap for consumers to the lowest level in two years. Ofgem this morning said the price cap will fall…
The boss of fintech firm CAB Payments has announced he will step down under a year after its disastrous float on the London Stock Exchange. Bhairav Trivedi, who led the…
A private, unmanned spacecraft has landed on the moon for the first time in more than 50 years. Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm…
Leeds Building Society (LBS) reported a record year for net savings inflows of £2.7bn over 2023, which allowed it to self-fund more than half of its own mortgage lending. The…
Coca-Cola Europacific Partners (CCEP) has acquired its peer in the Philippines in a deal valued at $1.8bn (£1.4bn). The European bottler and manufacturer of sugary fizzy drinks completed the deal…
Aerospace and defence group Chemring has announced “unchanged” full-year expectations ahead of its AGM later today. However, the group also told investors its order backlog now stood at a record…