Good morning from London where the FTSE 100 is marginally up from Friday’s close after a positive start for the miners as well as Vodafone Group PLC (LSE:VOD) and Entain PLC (LSE:ENT).
Vodafone is the big gainer on talk of spinning out its Italian operations in a deal with Paris-based Iliad worth €6.6bn upfront.
And in the latest instalment of the transatlantic stock market soap opera, Nasdaq’s head of listings Karen Snow has been on Radio 4 this morning saying that she ‘absolutely’ believes more British companies will be IPO-ing across the pond since there’s a lot more money available over there.
And some fresh figures from a body called the High Pay Centre show that the extra cash is not a draw to companies but to their bosses as well – S&P500 CEOs are typically paid 272 times more than their average employee while that figure is just 57 times the average here in the UK.
Elsewhere on the FTSE and Games Workshop has sealed a deal with Amazon to create a series based on science-fiction fantasy miniature war game Warhammer. The agreement comes a year after the company first announced talks were taking place.
Plenty still to come today including interviews with some big names in the small cap space – so stay tuned and have a great start to the week.
