Long-termism makes for good policy, if not a catchy slogan editorial As election pitches go, the one that Rishi Sunak is going to try out today is a tad unusual. “You’re all fed up of us, so give us another shot” is not obvious campaigning gold. Yet there may be a nugget in there nonetheless. Sunak’s contention in his speech will be that the country is [...]
London floats sink again – but analysts eye buoyant times ahead investment The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
Investors ignoring ESG claims in the hunt for returns, report suggests ESG Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.
How Petra Diamonds plan to use tech to battle rise of lab-grown alternatives October 4, 2023 Blockchain technology could help diamond sellers confirm the emissions footprint and the quality of working conditions at their mines.
Government’s London Stock Exchange boosterism is anti-competitive, claims rival boss October 4, 2023 The government’s drive to boost the appeal of the London Stock Exchange (LSE) has been slammed as anti-competitive by rival exchange Aquis, which claimed ministers have been unfairly promoting the LSE in their efforts to breathe life into the City’s IPO market this year. The London Stock Exchange’s main market and smaller Alternative Investment Market [...]
Brookfield snaps up UK onshore wind developer in reported $1bn deal October 3, 2023 One of the UK's largest renewable developed has been snapped up by Brookfield in a boost to the country's onshore industry.
Tories ‘absolutely failed’ to lead debate on net zero, says minister October 3, 2023 Nuclear minister Andrew Bowie said that the Conservatives had “absolutely failed” to have a national conversation about net-zero.
Burger King still operating in Russia despite vow to quit 18 months ago October 3, 2023 Burger King is still operating in Russia despite a promise from its owner that it would cease operations in the country more than a year ago. Restaurants Brand International (RBI) – which owns 15 per cent of the fast food chains franchise business in Russia- told the BBC it had “no new updates to share [...]
‘Brand thieves’: Easyjet’s parent firm takes legal action against UK band Easy Life October 3, 2023 Easyjet’s parent company Easygroup is suing a Leicestershire band over the use of ‘easy’ in its name. The artist called Easy Life has said the airline’s biggest shareholder is taking legal action against it, with the aviation giant insisting it has chased numerous similar cases in the past. Easy Life is a five-member band formed [...]
Aurelius: Lloyds Pharmacy owner joins race for The Body Shop October 3, 2023 The owner of Lloyds Pharmacy, Aurelius, is understood to have joined the race to buy ethical cosmetics brand The Body Shop, as it looks to change hands again for the third time in five years. The investment company has joined Epiris, the private equity firm, and Elliott Advisors, the owner of Waterstones in the bidding [...]