City minister: Pension funds need to start pumping cash into London’s stock market May 15, 2024 UK pension funds need to start pumping cash into London’s stock market “fast”, the City minister will say today, in another warning shot at the sector as government tries to channel a wave of cash into the City.
FTSE 100 today: London markets set to extend positive streak; trends hinge on US inflation data May 15, 2024 Asian stocks mirrored Wall Street's rally. Sony surged on buyback news. Eyes on US CPI data and Burberry earnings.
Virgin Money faces potential shareholder revolt over £2.9bn Nationwide deal May 14, 2024 Virgin Money shareholders could be getting a better deal as part of the £2.9bn takeover bid from Nationwide, analysts have said ahead of a vote on the offer next week.
Hourglass in City highlights ‘painfully’ slow progress closing gender investment gap May 14, 2024 Female Invest has launched a new campaign to start the conversation about equality in the square mile.
Anglo American’s break-up could spark a mining bidding war, says top shareholder May 14, 2024 The break-up of Anglo American could trigger a wave of further bids from global mining giants if its management sees the plans through to completion, a top shareholder has said.
Anglo American considers listing De Beers in London as part of strategy to ‘unlock significant value’ May 14, 2024 Anglo American's plan would see the company spin off its South African arms as well as De Beers, the famed diamond business
Tony’s Chocolonely boss on why purpose-led innovation could be the future for UK business May 14, 2024 Is it time for the world's money-driven mindset to change? Tony's Chocolonely boss seems to think so.
Santander hit by data breach affecting customers and staff May 14, 2024 Spanish bank Santander has said data managed by an external party was recently accessed without permission, affecting some of its clients and all of its current staff.
Every little helps: Tesco chief’s pay more than doubles to nearly £10m May 14, 2024 The pay of the chief executive of Britain's largest supermarket, Tesco, more than doubled to nearly £10m last year, it has been revealed.
Elizabeth Line shines as it carries a record number of passengers May 14, 2024 A record number of City commuters are using the Elizabeth Line, new data shows, despite concerns about a recent downturn in performance.