46.00p+0.00 (+0.00%)12 Apr 2024, 18:03
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Funding Circle Holdings PLC Shares News & Articles

Director Deals: Outgoing Funding Circle boss shows faith, Cake Box numbers man cashes in

Over the past week, directors have sold into share price strength at a number of well-followed companies, while the outgoing boss of one firm put more money to work ahead of his switch to a non-executive role.DESAI DEMONSTRATES FAITHThat man is Samir Desai, who will soon step down as CEO of Funding Circle (FCH) after 12 years in the hot seat. However, he demonstrated his faith in the lending firm'

Brexit puts the squeeze on Funding Circle as peer-to-peer lender slashes growth target

Crowd financing business Funding Circle (FCH) has spooked investors after slashing its full year 2019 growth guidance in half.The company says that demand for small business loans has dried up as Brexit uncertainty continues to drag on, making entrepreneurs nervous about borrowing to grow start-ups.'Funding Circle expects 2019 revenue growth to be circa 20%, versus previous guidance of 40%', the c

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn.That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index.This sums up a negative trading
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