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The UK’s ambition of attracting more tech companies to list in London was dealt a “severe blow” when Deliveroo’s shares plunged 26% in the company’s market debut on Wednesday, reports the Financial Times. Shares in the food delivery app lost as much as 30% within the first minutes of trading, wiping more than £2bn off the company’s value, the paper says, in one of the sharpest drops for a big new listing in years.

Financial Times Front Page 27th of December 2024

The Russian military has been accused of shooting down an Azerbaijani passenger aircraft, sparking controversy and tension as Western nations, including the UK and US, challenge Kremlin denials and highlight the incident’s potential breach of international security.

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Financial Times Front Page 23rd of December 2024

Nick Candy has pledged to help Reform UK disrupt the political landscape by supporting policies aimed at reducing the influence of established parties, with plans to introduce a law on fair donations and the backing of affluent supporters, positioning the party as a formidable force in upcoming elections.

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