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Abrdn CEO Stephen Bird later stated in the firm's results that this was "the right thing to do". [30] In January 2024, it was widely reported that Abrdn were to cut around 10% of its workforce of 5,000 people as part of a £150M restructuring plan. [31] On 24 January 2024, the plans to cut around 500 jobs were confirmed. [32]
Even though the FTSE All-Share Index is more comprehensive, the FTSE 100 is by far the most widely used UK stock market indicator. Other related indices are the FTSE 250 Index (which includes the next largest 250 companies after the FTSE 100), the FTSE 350 Index (which is the aggregation of the FTSE 100 and 250), FTSE SmallCap Index and the ...
The investment company was launched in 2001 and known as DMWS 480 from March to April 2001. It was then known as Standard Life European Private Equity Trust from 2001 to 2017, [1] as Standard Life Private Equity Trust (SLPE) from 2017 to 2022 [1] and as Abrdn Private Equity Opportunities Trust (APEO) from 2022 to 2024.
The company was unprofitable in that year, [5] and by July 2001 its share price had fallen below 25 pence after reaching 415p in March 2000, during the dot-com bubble. [6] Later in 2001, Australian financial services group AMP [7] bought Interactive Investor for a little over £50m, and its investment platform was merged into AMP's Ample brand. [8]
This is a list of stock exchanges located in the United Kingdom of Great Britain and Northern Ireland or the various nations regarded as United Kingdom Overseas Territories – UKOTs (also called British Overseas Territories – BOTs), or the British Crown Dependencies.
The FTSE 250 Index, also called the FTSE 250, or, informally, the "Footsie 250" / ˈ f ʊ t s i /, is a stock market index that measures the real strength of the economy of the United Kingdom [1] and consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange.
From January 2008 to December 2012, if you bought shares in companies when Jacquelyn Ward joined the board, and sold them when he left, you would have a -15.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
In 2017, the UK was the eleventh-largest goods exporter in the world [6] and the eighth-largest goods importer. [7] It also had the second-largest inward foreign direct investment, [8] and the third-largest outward foreign direct investment. [9] The UK left the European Union in 2019, but it remains the UK's largest trading partner.