Annual Report Summary 2025


Annual Report & Accounts 2025
The business has continued to make strategic progress despite subdued capital markets activity. We have maintained a focus on Group costs and continued to invest carefully, wherever possible, to position the business for future success. Whilst the Group made a loss in the year, we are confident in our strategy and have maintained our financial resilience, which has positioned us to take advantage of future growth opportunities while navigating ongoing market challenges.

Our business at a glance
Through our strategic advice, market intelligence and depth of liquidity provision, we have become the independent partner of choice in the UK for mid-cap and growth companies. We are known for excellence in the UK equity markets, acting for 147 listed companies and over 1,300 institutional clients, through our offices in London, New York and Copenhagen. Our sector specialist model allows our Investment Banking business to act for public and private companies alike. Through our Research and Distribution teams we can access major investors globally. Handling, on average, over 17% of daily trading volumes on the London Stock Exchange, our Execution Services business is an important liquidity provider. We offer our services as one business in a joined-up manner to achieve the best outcomes for our clients.
Our year in numbers
Chair, CEO & CFOO statements
Strategic progress in challenging times
Long gone are the days of Peel Hunt being considered just a stockbroker; as a leading UK specialist investment bank, the value we provide to our clients across our capabilities has never been greater.

We have navigated another economically challenging year by staying focused on our strengths, disciplined in our costs and committed to our principles. We remain financially resilient and steadfast in our support for our clients. Our reputation and reach are growing, positioning us well for market recovery.

We continue to make progress in our sustainability agenda, including new talent development initiatives and formalising plans to meet our first carbon reduction target by December 2025.

Strong risk management is fundamental to our resilience. Once again, our strong governance structure and the experience of our people has helped us proactively manage our risks as we continue to navigate the challenging macroeconomic environment.

Our governance framework, policies and processes help everyone at Peel Hunt to embody one of our key values – “doing the right thing”. We keep them under constant review to ensure they remain clear, simple and fit for purpose. That includes helping us meet our regulatory obligations.

We have continued to focus our attention on maintaining a healthy financial position by carefully managing costs. We’ve seen encouraging improvements in revenue performance, even in difficult markets, which reflects the effectiveness of our strategic direction. By prioritising investment in areas aligned with our long-term goals, we continue to advance our strategic agenda and deliver meaningful value for our clients.