London Stock Exchange - latest news, breaking stories and comment - The Independent
News

The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

LSE humbled as it is forced to abandon TMX merger

Canadian borse fails to win over investors for deal with London Stock Exchange

London faces fight for TMX as Maple tables new bid

The battle for control of TMX has intensified after rival bidder Maple Group increased its bid in an attempt to derail the Canadian market's tie-up with the London Stock Exchange (LSE).

Maple tables new bid for TMX

The battle for control of TMX has intensified after rival bidder Maple Group increased its bid in an attempt to derail the Canadian market's tie-up with the London Stock Exchange (LSE).

LSE offers £400m in TMX sweetener

The London Stock Exchange (LSE) yesterday hit back at the rival bid for Canada's TMX group as it proposed handing shareholders a sweetener worth more than £400m to secure the deal. The LSE agreed a C$5bn (£3.5bn) merger with its counterpart in February but the process was thrown into disarray as a rival C$3.7bn cash-and-shares bid was tabled by the banking consortium Maple Group.

Investment Column: Playtech's California deal is a good bet

Capital Pub Company; Creston

Alisher Usmanov increases Arsenal stake

Alisher Usmanov has increased his shareholding in Arsenal beyond the 29 per cent mark.

Avis giants unite in £636m deal

The US car hire giant Avis Budget is to buy its European counterpart in a £636m deal that reunites the two businesses after 25 years. The swoop for the London-listed Avis Europe, which operates the Avis and Budget brands in Europe, Africa and the Middle East, already has the support of the Belgium-based motoring group D'Ieteren, which owns 60 per cent of the company.

Day trader hits back at FSA after £1m fine reduced

The offending scheme involved small early-morning orders to dictate the prices offered by spread-betting companies

Maple turns hostile in bid for Toronto exchange

The consortium of Canadian financial firms bidding for the Toronto Stock Exchange has called on investors to reject the rival merger plan with the London Stock Exchange in a crunch vote at the end of this month.

Business Diary: Deal or no deal gloom at LSE

Times are tough at the London Stock Exchange. A couple of months ago, the bourse thought it had pulled off a coup by announcing the takeover of TMX, the Canadian exchange. Within hours, the deal was left looking distinctly small fry after NYSE Euronext and Deutsche Bourse announced a mega merger, and now it looks as if it may not even get TMX thanks to a late bid from a rival in Canada. To add insult to injury, LSE officials were forced to spend the bank holiday weekend scrambling to deny rumours it is poised to do another deal following erroneous reports that it has bid for LCH Clearnet, the European clearing house.

LSE 'not bidding' for LCH.Clearnet

The London Stock Exchange has said it is not in talks to buy European clearing house LCH.Clearnet, after reports emerged linking it with a bid.

Life and Style
tech
News
Paper trail: the wedding photograph found in the rubble after 9/11 – it took Elizabeth Keefe 13 years to find the people in it
newsWho are the people in this photo? It took Elizabeth Stringer Keefe 13 years to find out
Arts and Entertainment
Evil eye: Douglas Adams in 'mad genius' pose
booksNew biography sheds light on comic genius of Douglas Adams
Arts and Entertainment
Robin Thicke's video for 'Blurred Lines' has been criticised for condoning rape
music
Sport
FootballFull debuts don't come much more stylish than those on show here
News
i100
Life and Style
Kim Kardashian drawn backlash over her sexy swimsuit selfie, called 'disgusting' and 'nasty'
fashionCritics say magazine only pays attention to fashion trends among rich, white women
Arts and Entertainment
TVShows like Agents of S.H.I.E.L.D are little more than marketing tools
Arts and Entertainment
Hit the roof: hot-tub cinema east London
architectureFrom pools to football pitches, rooftop living is looking up
Travel
travel
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – MS Swiss Corona from £949pp
Dubrovnik, the Dalmatian Coast & Montenegro from £799pp
Provence from £599pp
Apulia, Lecce and Vieste – Undiscovered Italy from £899pp
Pompeii, Capri and the Bay of Naples from £759
Classical Spain from £539pp
Prices correct as of 12 September 2014
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week