CEO unexpectedly steps downPre-tax profits plunge in H1Strategic review ongoingShares in Chapel Down (CDGP:AIM) cheapened 16% to 58.5p after England's largest winemaker uncorked a first half profits plunge and said CEO Andrew Carter is leaving to take up a new role at Timothy Taylor & Co.Drinks industry veteran Carter's exit is a bitter blow to Chapel Down.During his three year stint as CEO, he ov

Wine seller?s profitability significantly improvedConfident of a ?positive? 2024 performanceRecruiting new customers remains toughShares in Virgin Wines (VINO:AIM) bubbled up 1.1% to 38.4p after the direct-to-consumer online wine retailer uncorked news of a ?good? Christmas trading period and reiterated its guidance for the year to June 2024 guidance.The stock has soured more than 30% over one yea

According to London Stock Exchange data there were just 23 IPOs (initial public offerings) in total on the UK market in 2023, only slightly more than half the number the preceding year and the lowest since the exchange started publishing records in 1995.For the first time since the financial crisis just one company joined the market in the fourth quarter, and that was a new listing rather than an

Peer-to-peer (P2P) lending platforms allow those of us with spare cash to lend to people or small businesses who want to borrow. The idea is that bypassing the banks enables everyone to get a better rate of interest.It's a concept that is really taking hold and by the end of 2013 there were a total of 86,000 active lenders providing loans to 70,000 consumers and 3,700 businesses. In the first six

There's plans to reboot ISDX, the junior exchange formerly known as Plus Markets and Ofex. Since being acquired by ICAP (IAP) for £1 in May 2012, the exchange has developed a reputation for being a stepping stone for companies going to AIM with fire alarms group Sprue Aegis (SPRP:AIM) being the poster boy, rising 25% in value since moving exchanges on 30 April. New IDSX chief executive officer Pa