London Stock

• British AI company Nscale is planning to list on the New York stock exchange instead of London, despite its UK roots. • The firm recently secured $2 billion in a Series C funding round, marking the largest ever third-stage investment in Europe. • Backed by industry giants Nvidia and Dell, Nscale's decision to seek a U.S. float highlights a growing trend of high-growth tech firms bypassing the London market.

• Global stocks are expected to rise following a cessation of strikes between the United States and Iran. • Investors are monitoring Monday's economic calendar, which includes Germany's Ifo business climate index and U.S. durable goods orders. • The market outlook remains focused on upcoming interest rate decisions from the U.S., UK, and Japan, as well as inflation data from Australia and the eurozone.

Board of UK government contractor recommends deal with private-equity owned rivalBusiness live – latest updatesThe outsourcer Mitie has agreed to a £3.1bn takeover by its private-equity owned rival OCS Group, ending nearly four decades on the stock market and making it the latest London-listed company to be acquired this year.On Tuesday, the government contractor said its board has recommended that shareholders accept a cash offer of 221.6p a share, a 44.7% premium to Monday’s closing price. Continue reading...

• The UK stock market opened with gains, with the FTSE 100 edging up 0.07% to 10,485.84 points, while the FTSE 250 and FTSE All-Share also traded in positive territory. • Market growth was primarily driven by strong performance in banking and mining stocks, alongside increased corporate merger and acquisition activity. • Investors are currently balancing these gains against economic headwinds, including the Bank of England's 3.75% interest rate stance and fluctuating commodity prices.

• The UK stock market, including the FTSE 100, FTSE 250, and FTSE All-Share, declined on Monday due to rising inflation concerns and warnings from the Bank of England. • Despite the daily dip, the FTSE 100 maintains a strong year-on-year growth of more than 19%. • Market volatility is being driven by fluctuating commodity prices for oil, copper, and gold, alongside geopolitical risks and global bond yield shifts.

• Cyprus participated in the "London Tech Week" technology and innovation exhibition from June 8 to 10, 2026, featuring a dedicated pavilion. • The initiative was a collaboration between the Ministry of Energy, Commerce, and Industry, the Cyprus Trade Center in London, and Invest Cyprus. • The event attracted approximately 40,000 visitors and 250 exhibitors, including national pavilions from countries such as Estonia, Spain, and Poland.

Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock marketBusiness live – latest updatesThe gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in yet another blow for the UK’s shrinking stock market.Flutter Entertainment, the world’s largest online betting company, told investors that it will cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs. Continue reading...