The London Tunnels is a major new heritage and cultural experience in central London.The company intends to apply for admission on a major stock exchange, as part of its plans to extensively restore, adaptively reuse and bring back to life the Kingsway Exchange Tunnels, near Holborn, originally built in the early 1940s, and designed to shelter 8,000 people during the London blitz.In collaboration

The FTSE 350 index finished a volatile third quarter to September 2022 down 4.5% amid continuing worries over stubbornly high inflation and rising rates as well as geopolitical instability.A slew of profit warnings, notably from consumer stocks, and a sell-off following the mini-Budget, capped off a testing quarter for investors.Stocks that performed strongly ranged from companies receiving bids t

Sterling fell to a historic low against the US dollar on Monday, though the slumping pound was good news for the FTSE 100 which benefits from overseas earnings.Against the dollar, the pound was trading at $1.0655 on Monday evening, down from $1.0869 at the London equities close on Friday. Despite the bleak day, the pound was able to stage a mini-rebound from the all-time low it fell to earlier in

Market speculation about a possible emergency interest rate hike by the Bank of England this week gave the pound some support by midday Monday, but hurt share prices.Earlier in the day, sterling fell to its lowest ever price against the dollar, as traders responded to the tax and borrowing plans that the new UK government unveiled on Friday.'The market's continuing verdict on the mini-budget, whic

All eyes were on the pound early Monday, after it tumbled to a new record low against the dollar in response to the package of tax cuts unveiled by the new UK government on Friday.However, with its complement of foreign-currency earners, the FTSE 100 initially outperformed an otherwise mostly down start for European equities.Sterling fetched $1.0736 shortly after the London equities open, still do

Stock prices in Europe proved resilient to geopolitical tension and pre-central bank jitters, ending Wednesday in the green, but the day was not so kind to the pound, which was seen almost below the $1.13 mark.The FTSE 100 index closed up 44.98 points, or 0.6%, at 7,237.64 on Wednesday. The FTSE had fallen in the previous two trading days.The mid-cap FTSE 250 index ended up 186.53 points, or 1.0%,

Stock prices started lower in London and elsewhere in Europe on Tuesday, though less alarmingly so than in New York overnight, as the dollar soared to historic highs against the pound and euro.The FTSE 100 index was down 33.43 points, or 0.4%, at 7,500.36 early Tuesday. The mid-cap FTSE 250 index was down 15.57 points, or 0.1%, at 19,483.77. The AIM All-Share index was down 1.39 points, or 0.2%, a

The FTSE 100 was lifted by higher oil prices on Tuesday, but nerves ran high elsewhere ahead of the key US inflation print on Wednesday.The FTSE 100 index closed up 5.78 points, or 0.1%, at 7,488.15. The FTSE 250 ended down 206.04 points, or 1.0%, at 19,912.40, and the AIM All-Share closed down 5.16 points, or 0.6%, at 914.75.The Cboe UK 100 ended flat at 747.80 and the Cboe UK 250 closed down 0.9

Share prices were mostly lower on Tuesday ahead of the New York open, as continued military tensions in the waters around Taiwan and a key US data point looming on Wednesday was keeping risk appetite in check.The FTSE 100 was up just 0.10 point at 7,482.47 midday Tuesday. The FTSE 250 index was down 109.10 points, or 0.5%, at 20,009.34. The AIM All-Share index was down 2.37 points, 0.3%, at 917.54

Surveys indicating weaker economic conditions in Asia and Europe were putting a damper on stock prices early Wednesday, while investors also were reminded that interest rates continue to rise.On Monday, US Federal Reserve Governor Christopher Waller had said he backs several more half-point rate hikes - 'until I see inflation coming down closer to our two percent target'.The FTSE 100 index was up

London markets weaken in early trade on Wednesday with the FTSE 100 index sliding around 38 points, or 0.5%, to 7,033, having closed on Tuesday at 7,070.88 close. Midcaps also lose initial positive momentum, declining by a similar measure to 18,017.In company news, shares in Premier Foods (PFD) tumble on Wednesday after warning that first-half profit was likely to be below the previous year and po

Wild stock market gyrations ensued after the unexpected vote for Brexit, all investors' eyes glued to the plunge in equity prices and the subsequent dramatic rebound. Yet amid the post-Brexit turmoil, a number of interesting corporate developments occurred that you may simply have missed when distracted by the historic events.Steinhoff rebuffedAs Brexit mayhem rocked markets on 24 June, South Afri

Fears over another bad day on the UK stock market have been scotched after the FTSE 100 got off to a quiet start. It slipped back 46 points, or 0.7%, to 6,092 amid efforts by Chancellor George Osborne to maintain a sense of calm following last week's Brexit vote.Osborne says there won't be an emergency budget and insists the UK economy is 'fundamentally strong'. Sterling fell a further 2% prior to

A bidding war has emerged for infrastructure specialist Hyder Consulting (HYC), making it the top riser on the FTSE, up 8.5% to 700p. The fact that the share price has exceeded the latest offer (680p from Japanese consultant Nippon Koei) implies that the market expects further interest, potentially Dutch engineer Arcadis raising its original 650p approach (31 Jul) or a third name entering the fray