Enterprise information reside: FTSE 100 climbs and mortgage lenders begin to increase rates of interest once more

[ad_1] Mining agency goals to leap from AIM to important market Extra market motion now and one other achieve anticipated for the principle market on the London Inventory Alternate.

Pan-African is a £1.4bn miner which is at present listed on the AIM, however now they intend to change to the principle. Their market cap would see them positioned within the FTSE 250 - an identical dimension to Wizz Air or Curry’s, for instance.

Cobus Loots, Pan African’s CEO, stated:

“Our proposed itemizing on the Foremost Market of the London Inventory Alternate represents a pure continuation of Pan African’s development. Over the past decade, we have now persistently grown each organically and thru acquisitions while returning capital to our loyal shareholders. We're at present benefitting from the robust gold worth atmosphere which we anticipate will allow us to be absolutely de-geared (from a web debt perspective) through the course of FY26. We imagine the proposed transfer from AIM to the Foremost Market will allow us to entry a deeper pool of capital and improve liquidity for the group as we proceed our formidable development technique.”

Karl Matchett 8 September 2025 09:00

New IPO for London Inventory Alternate Challenge Glow Topco Restricted, the final word holding firm of The Magnificence Tech Group Restricted, introduced their intention to hitch the principle market of the London Inventory Alternate.

The agency owns a spread of at-home self care merchandise that are tech-led. Final yr the group reported income of £101.1 million.

“There are important alternatives forward for us and an IPO on the London Inventory Alternate will present us with entry to capital, and allow us to lift consciousness and incentivise workers to take the enterprise to the subsequent stage,” stated Laurence Newman, Founder and CEO of The Magnificence Tech Group.

“I'm very excited to embark on this subsequent chapter as we glance to construct on our place as a trusted and recognised chief available in the market.”

Karl Matchett 8 September 2025 08:45

Variety of job hunters rises at quickest charge since Covid Recruiters have noticed the steepest enhance in obtainable job candidates in almost 5 years, a brand new report reveals.

The figures have been pushed by rising redundancies and fewer employment alternatives.

This surge coincides with beginning wage development easing to its slowest tempo in four-and-a-half years.

Karl Matchett 8 September 2025 08:30

FTSE 100 rises, European markets robust The FTSE 100 has began the week in optimistic vogue, rising 0.2 per cent this morning.

Out in entrance very first thing is Marks & Spencer, the retailer up greater than 3 per cent in early buying and selling.

In France, there was loads of dialogue in regards to the state of their financial system not too long ago - the CAC 40 is up 0.5 per cent in a transfer mirrored throughout most of Europe.

Germany’s DAX is up 0.7 per cent with the Euro Stoxx 50 up 0.55 per cent.

Karl Matchett 8 September 2025 08:19

Enterprise and Cash reside - 8 September Morning all and welcome to our first enterprise and cash reside weblog of the week.

At the moment we’ll have a look at the inventory market, financial savings choices and extra, however first we’ll begin with mortgage charges heading again up after a number of months dropping to under 4%.