Congratulations: Moonpig to snap up gifting group Buyagift in £124m deal May 23, 2022 Greeting card giant Moonpig Group has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m.
The role of tax in getting to net zero May 23, 2022 Susan Cattell explains that tax can be a vital part of the package of measures needed to deliver net zero – but what is needed from the UK Government is a clear overarching tax strategy to support the transition. The UK’s Net Zero Strategy In 2019 the UK put into legislation a requirement to bring [...]
Recession concerns vie with inflation risk for investors in unpredictable market week ahead May 23, 2022 It was aother week of declines for US markets on Friday, with the S&P500 closing lower for the seventh week in succession, making a fresh 18 month low, and briefly retracing 50 per cent of the move from its 2020 lows to its record highs late last year. The Nasdaq 100 similarly pulled off new [...]
Brexit boost: UK trademark disputes double following Britain’s exit from the European Union May 23, 2022 The number of UK trademark disputes has soared to record highs due to a surge of trademark applications following Britain’s exit from the European Union. Disputes in the UK more than doubled from 3,584 in 2020 to 8,026 in 2021, according to new research from intellectual property (IP) law firm Mathys & Squire. The surge [...]
Allica set for profitability this year after loan book swells to £560m May 23, 2022 UK business lender Allica Bank said it is set to hit profitability for the first time this year after its loan book ballooned to £560m in 2021.
Buy-now pay-later firm Tranch poised for US push after cash injection May 23, 2022 Business to business buy-now pay-later firm Tranch is poised for a move into the US this year after bagging a £3.5m funding injection, the firm revealed today.
Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth May 23, 2022 Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about [...]
Investors cashed out £35m from Bulb Energy before its collapse May 22, 2022 Leading energy traders in the City were among dozens of investors that cashed out £35m from collapsed supplier Bulb before it collapsed into administration.
World Economic Forum kicks off first Russian free Davos meeting since the fall of the Soviet Union May 22, 2022 The World Economic Forum (WEF) has refused to invite a single Russian to its annual conference in Davos this week, in what is set to be the first Davos conference without any Russians since the fall of the USSR. The WEF’s annual meeting – which is set to be the first in-person Davos conference since [...]
Shareholders to vote on Shell’s climate plans at upcoming AGM amid activist pressure May 22, 2022 Shareholders will vote on Shell's climate transition at the AGM next week with activists putting the energy giant under pressure to ramp up climate targets.