LONDON MARKET MIDDAY: UK-focused stocks slip as pound slump continues
Back in London, Impax Asset Management declined 4.4% as it grappled with outflows in its first-quarter. The firm reported assets under management decline 8.3% quarter-on-quarter to GBP34.11 billion at ...
Shein aims for London IPO by mid-year, sources say
Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, according to two sources with ...
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LONDON BRIEFING: Tesco and M&S hail strong Christmas trade
In early UK corporate news, Christmas trading updates from high street names rolled in. Tesco maintained annual guidance, B&M narrowed its profit outlook and M&S reported decent growth in its Food arm ...
Quiz votes to delist from stock market
At a general meeting yesterday, shareholders in Quiz voted to delist from the AIM market of the London Stock Exchange. The ...
LONDON MARKET OPEN: Pound slumps to more than one-year low
The pound faded to USD1.2286 early Thursday, from USD1.2351. Sterling fell as low as USD1.2239 on Thursday, its worst level since November 2023. The euro was largely unmoved at USD1.0301 from ...
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MPs' anger over Shein 'contempt' for fast-fashion forced labour probe
Official refuses to say whether Shein uses cotton from China’s Xinjiang region - dealing blow to hopes for £50bn London stock market listing ...
Shein lawyer refuses to say if it uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.
Fast fashion firm Shein showing 'wilful ignorance' over supply-chain questions, MP says
The Chinese retailer and other major companies with operations in the UK are being grilled over concerns of forced labour in ...
What the London Stock Exchange exodus could mean for Britain
Last year saw the biggest outflow of companies from the London Stock Exchange since the global financial crisis.According to ...