IPO

Gartmore has confirmed it intends to float on the London Stock Exchange next month.

IFA firm Hargreaves Lansdown has confirmed its Initial Public Offering on the London Stock Exchange has been set at 160p a share, which implies a market capitalisation of around £759m.

Hargreaves Lansdown has announced its share price after the firm floated on the stock market last month.

Hargreaves Lansdown has this morning confirmed it will float on the London Stock Exchange next month.

America's banks are expecting sterling to plummet next year after its meteoric rise to near $2 this autumn, believing Britain's growth surge to be well past its sell-by-date, says the Daily Telegraph .

New Star Asset Management has this morning announced it will float the limited liability firm on London's Alternative Investment Market next month.