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




To help growth, we need to celebrate our leaders doing nothing
Mar 2025
By Simon French, Chief Economist and Head of Research
Wednesday’s Spring Statement will be a test of the UK government’s nerve. Headlines will highlight a halving of this year’s economic growth rate, and announce the return of austerity. Attacks from all sides of the political aisle will abound. From the left will be calls for new wealth taxes despite the UK tax take being at an eighty-year high. From the right will be calls for a smaller state despite signs of core public services creaking under their existing funding levels. The middle may just sigh and wonder how the UK escapes what looks like a fiscal doom loop.

Rewiring Whitehall’s digital service will help to spur growth
Mar 2025
By Simon French, Chief Economist and Head of Research
“The UK really needs a DoGE”. I must have heard this uttered hundreds of times since Elon Musk and his band of ‘Muskrats’ took over the running of the US Digital Service in January and immediately rebranded it as the Department of Government Efficiency (DoGE). Advocates of a smaller state sector in the UK have been looking on at events in Washington - and to a lesser extent in Buenos Aires under President Javier Milei - as the testbeds for ideas they want to see implemented in the UK. With the tax burden at a 75-year high and the UK public sector now at 45% of the entire economy this is an issue that is not going away.

Reforming ISAs would help savers and boost investment in UK firms
Feb 2025
By Simon French, Chief Economist and Head of Research
In recent weeks there has been renewed focus on the future of Individual Savings Accounts (ISAs). This was triggered initially by Exchequer Secretary, Emma Reynolds, suggesting to a House of Lords Committee that taxpayer support for cash savings has “failed to drive an investment culture” in the UK.

Panmure Liberum expands distribution capabilities in Australia through partnership with Petra Capital
Mar 2025 News