Overview
- The broker posted a pre-tax loss of £3.5m in the year to March, attributing declines to £2m in restructuring costs despite a 6% revenue rise to £91.3m.
- CEO Steven Fine warned that geopolitical uncertainty, stagflation fears and US tariffs weighed heavily on equity capital markets.
- Peel Hunt maintained a stable 147 corporate clients but sounded the alarm on the accelerating rate of firms abandoning London listings.
- The firm noted early signs of investor rotation from US assets into Europe, driving renewed institutional interest in UK equities.
- Fine urged urgent reforms in capital markets and pension schemes to stem the exodus of listed firms and revive London flotations.