Tinned tuna maker Princes floats at nearly £1.2bn in boost for London

The GuardianFriday, October 31, 2025 at 11:15:13 AM
Tinned tuna maker Princes floats at nearly £1.2bn in boost for London
Princes Group, a well-known tinned tuna maker, has launched its initial public offering (IPO) with a valuation close to £1.2 billion, marking a significant boost for the London stock market. The business secretary hailed this move as a 'huge vote of confidence' in the UK economy, despite the shares being offered at the lower end of the target range. This IPO not only highlights the resilience of the food sector but also reflects investor interest in established brands, which could encourage more companies to consider going public.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
UK man who murdered pregnant girlfriend after release from prison jailed for 42 years
NegativeWorld Affairs
Shaine March has been sentenced to 42 years in prison for the brutal murder of his pregnant girlfriend, Alana Odysseos, who was expecting their third child. This tragic incident, which occurred in July 2024 in Walthamstow, London, highlights the ongoing issues of domestic violence and the dangers posed by individuals released from prison. The case has sparked conversations about the need for better monitoring and support for vulnerable individuals, especially those in abusive relationships.
Double murderer who killed pregnant girlfriend refuses to leave his cell - as he is jailed
NegativeWorld Affairs
A convicted murderer has been sentenced to life in prison for the brutal killing of his pregnant girlfriend in Walthamstow, northeast London. He stabbed and slashed her 23 times, a horrific act that has shocked the community. With a minimum term of 42 years, this case highlights the severe consequences of domestic violence and the urgent need for awareness and prevention efforts.
Yotam Ottolenghi on the evolution of London restaurants
NeutralWorld Affairs
Yotam Ottolenghi reflects on the challenges facing London's restaurant scene amid rising costs and how his peers are adapting through innovation. After closing his restaurant Rovi for renovations, he is rethinking his approach to dining out in the city. This exploration is significant as it highlights the resilience and creativity of restaurateurs in a changing economic landscape, offering insights into the future of dining in London.
'A huge fall from grace': Prince Andrew stripped of title, residence in wake of Epstein scandal
NegativeWorld Affairs
Prince Andrew has faced a significant fall from grace as Buckingham Palace announces he has been stripped of his titles and ordered to vacate his royal residence. This decision underscores the Royal Family's commitment to distancing itself from the ongoing controversy surrounding Andrew's connections to convicted sex offender Jeffrey Epstein. The move is seen as a necessary step to protect the monarchy's reputation amidst relentless media scrutiny.
Jaywick’s continued decline and intensifying London poverty tell same story of ‘broken’ Britain
NegativeWorld Affairs
The latest deprivation index reveals a troubling picture of inequality in Britain, highlighting how geography and housing costs are exacerbating poverty, particularly in areas like Jaywick and London. This matters because it underscores the systemic issues that contribute to the widening gap between the wealthy and the impoverished, affecting the lives of countless families and children who are trapped in low-income households.
Man jailed after stealing £5,000 worth of items from Damien Hirst’s London studio
NegativeWorld Affairs
Liam Middleton-Gomm, a 36-year-old man, has been sentenced to 32 months in prison for stealing over £5,000 worth of items from Damien Hirst's studio in London. His crime was uncovered when police tracked his movements using a GPS-enabled ankle tag. This incident highlights the ongoing issues of art theft and security in the creative industry, raising concerns about the protection of valuable artworks and the safety of artists' spaces.
OpenAI thought to be preparing for $1tn stock market float
PositiveWorld Affairs
OpenAI is reportedly preparing for a significant stock market float, potentially valuing the company at $1 trillion by 2026. This move could mark one of the largest initial public offerings in history, reflecting the growing confidence in AI technologies and OpenAI's leading role in the industry. Such a listing would not only boost OpenAI's financial standing but also signal a major milestone for the tech sector, highlighting the increasing importance of artificial intelligence in our daily lives.
Partner pays tribute to dog walker killed in west London stabbing
NegativeWorld Affairs
Wayne Broadhurst, a dedicated dog walker, was tragically killed in a stabbing incident in west London, leaving his partner, Ann Newman, heartbroken. She expressed her sorrow over the loss of a man who devoted his life to serving his community. As the accused murderer appeared in court, the community rallied together, contributing donations to assist with funeral costs. This incident highlights the ongoing issues of violence and safety in urban areas, prompting discussions about community support and the need for increased safety measures.
Latest from World Affairs
Premier League buildup and WSL action, Earps book revelations, Vieira sacked – matchday live
NeutralWorld Affairs
This week in football is packed with excitement as Liverpool prepares to face Aston Villa, followed by a crucial Champions League match against Real Madrid and a showdown with Manchester City. The Premier League is heating up, and fans are eager to see how defending champions Liverpool will perform under pressure. With key matches on the horizon, the outcomes could significantly impact the league standings and the teams' morale.
Temple stampede in India’s Andhra Pradesh kills at least 9
NegativeWorld Affairs
A tragic stampede at a temple in Andhra Pradesh, India, has resulted in the deaths of at least nine people. Authorities have announced that disciplinary action will be taken against the privately-run temple for failing to secure the necessary official approvals. This incident highlights the importance of safety regulations in crowded places, especially during religious events, to prevent such devastating occurrences in the future.
Media, Money & Zohran Mamdani
NeutralWorld Affairs
The upcoming mayoral election in New York City is generating significant attention, as its implications reach well beyond the city's five boroughs. With candidates like Zohran Mamdani in the mix, the election is poised to influence not just local policies but also broader discussions on governance and community engagement. This election matters because it reflects the changing dynamics of urban leadership and the priorities of its diverse electorate.
American fighting for Russia thanks Putin for citizenship
PositiveWorld Affairs
Derek Huffman, a US national, has expressed his gratitude to President Vladimir Putin for granting him Russian citizenship. This development highlights the growing ties between individuals from the US and Russia, showcasing a personal journey that transcends political boundaries. Huffman's pride in his new citizenship reflects a unique perspective on identity and belonging, especially in a time of complex international relations.
Serbian students lead powerful memorial for railway disaster anniversary
PositiveWorld Affairs
In a heartfelt tribute, Serbian students organized a powerful memorial to honor the 16 victims of last year's railway disaster in Novi Sad. The event featured a poignant 16 minutes of silence, symbolizing the lives lost and the impact of the tragedy on the community. This act of remembrance not only pays respect to those who perished but also highlights the importance of safety and awareness in public transportation, fostering a sense of unity and resilience among the attendees.
Israel says the latest remains returned from Gaza are not bodies of hostages
NegativeWorld Affairs
Israel has announced that the remains of three individuals recently returned from Gaza by Hamas do not belong to any of the hostages, marking a significant setback in the ongoing negotiations for a U.S.-brokered ceasefire. This development raises concerns about the future of peace talks and the fate of those still unaccounted for, highlighting the complexities and challenges in the region.