Two very different high-profile IPOs (initial public offerings) in London have experienced similar teething problems after making their stock market debuts.Peer-to-peer (P2P) platform Funding Circle (FCH) saw nearly of a fifth of its value wiped off in conditional trading on 2 October.'This is highly unusual, as typically the banks which bring a company to market are able to at least stabilise...

Two very different high-profile IPOs (initial public offerings) in London have experienced similar teething problems after making their stock market debuts.Peer-to-peer (P2P) platform Funding Circle (FCH) saw nearly of a fifth of its value wiped off in conditional trading on 2 October.'This is highly unusual, as typically the banks which bring a company to market are able to at least stabilise...

The FTSE 100 is down 48 points to 7,514 as positive trading in the US fails to cross the pond to the UK. As the pound continues to make gains against the dollar, the overseas earning constituents of the main index feel the strain.FTSE 250 staffer Hays (HAS) is down 2.7% to 197.35p on release of its full year results. The company's pre-tax profits grew by 17% to £238.5m and raised its core and...