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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail & consumer

FIVE at FIVE: THG demerger demands; Bitcoin cool off; Rees-Mogg’s Somersetting; AJ Bell hikes divi; FTSE 100 flat

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Kelso calls on THG to demerge to resolve valuation gap

THG investor Kelso Group Holdings reiterated its call for the company to consider a demerger, believing its sum-of-the-parts is worth "significantly more" than the current market value.

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2. Bitcoin market cools off, ETF talks ‘advanced to key details’

Hopes are still high that bitcoin’s stellar recent performance will continue through the festive season as the market weighs up the possibility of a classic Santa rally.

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3. Jacob Rees-Mogg's Somerset Capital on verge of folding

Jacob Rees-Mogg's Somerset Capital Management will wind down its operations and transfer its funds to a new investment adviser after losing a large fund mandate from St James's Place plc last week.

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4. AJ Bell hikes dividend 46%, shares bounce

The shares jumped 8% to 279p, having earlier this week and in October tested lows below 250p not seen outside of the pandemic in almost five years.

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5. FTSE 100 Live: Stocks recover early losses to end flat

The FTSE 100 reversed earlier losses after US markets climbed as investors took the view tomorrow's non-farm payrolls will boost hopes for an earlier-than-expected pivot in interest rates.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK