What we do
Formed from the merger of Panmure Gordon and Liberum in May 2024, Panmure Liberum is the largest adviser to UK-quoted companies with market-leading teams in Investment Banking, Research, Sales and Execution.
The merger brings together our combined entrepreneurialism, deep and broad sector knowledge, and shared ambitions to establish a market leader in UK Investment Banking.
Our latest combined transaction successes
The UK is risking a debt, tax and austerity doom-loop
Jun 2025
By Simon French, Chief Economist and Head of Research
The cost for the UK government to borrow continues to cause headaches in Whitehall. Despite four interest rate cuts from the Bank of England, the interest rate on ten-year UK Gilts has risen from 4.2% to 4.6% since last year’s General Election. Push that debt out to thirty years and the interest rate for the UK government has gone from 4.7% to 5.4%. This is adding to annual debt servicing costs of £105bn – not far short of the entire public sector investment budget set to shortly be unveiled by the Chancellor, Rachel Reeves, in her first Spending Review.
Japan reveals the sun is setting on old world debt economics
May 2025
By Simon French, Chief Economist and Head of Research
What is the most important price in the world economy right now? The price of Gold, of oil, of rice, of the US Dollar? Each can make a righteous claim to that venerable title. But arguably the one that matters most right now is the price of Japanese debt.
UK’s mad energy policy is a potent deterrent to foreign investors
Apr 2025
By Simon French, Chief Economist and Head of Research
Conducting economic policy in a time of war - both a military one, and a mercantile one - is a huge challenge for any government. Ideological tenets that were forged in opposition, and at a time of near-zero interest rates, get ditched. They are replaced by pragmatism out of necessity. This has been the experience of Labour since they came to power last July.
Panmure Liberum acted as Joint Financial Adviser and Sole Debt Adviser to Media Concierge on its all-cash acquisition of National World plc for £65.1 million
May 2025 News
Panmure Liberum acts as Financial Adviser, Co-ordinator, Nomad and Corporate Broker, on Gemfields’ $30m Rights Issue
May 2025 News
Panmure Liberum acts as Sole Bookrunner in the Secondary Placing and Secondary Share Sale of a total of £23.7m B.P. Marsh Stock
May 2025 News
