UK political disruption threatens £100bn infrastructure boost, insurers say February 19, 2024 Public sector bodies must given greater powers to ease the impact of "short-term political disruption” if top investors are to pump up to £100bn into UK infrastructure projects, a new report has warned.
Deloitte set to shrink UK deals unit after profitability review February 18, 2024 Consultancy firm Deloitte is set to downsize its UK deals unit following a profitability review.
Expect more real estate investment trust mergers as the age of the ‘big box behemoth’ dawns February 18, 2024 News about real estate investment trusts (REITs) merging with each other have rapidly emerged this year, as the sector looks to embrace economies of scale.
How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
Brexit friction is hurting firms – Sunak must ‘strengthen EU relations’, top business body warns February 16, 2024 Businesses have still not adapted to the impact of Brexit and the government must “strengthen relations with the EU” to alleviate the strain on firms, the UK’s top business body has warned.
Scared of investing when the market is at an all-time high? Don’t be. February 15, 2024 While it might seem counter-intuitive, it is actually better to invest when the market has hit an all-time high, rather than sitting on the sidelines with cash. Just because the US stock market has recently hit an all-time high, doesn’t mean you should be worrying about getting into investing. New research from Schroders shows that [...]
What is going on at Abrdn? A rundown of the company’s troubles February 14, 2024 Investment firm Abrdn has been the victim of multiple bad headlines over the last few months. When will it stop for CEO Stephen Bird?
Dispensa to delist from London Stock Exchange after market cap collapse February 14, 2024 Dispensa, the holding company that focuses on luxury food brands, is set to delist from the London Stock Exchange, as the firm has fallen to just £2.3m in market cap. The delisting was approved by the firm’s board of directors “following extensive deliberation” over how to best maximise shareholder value for the company. The board [...]
Activist investor Kelso gains board seats at The Works as it tries to enhance shareholder value February 14, 2024 Kelso chief John Goold and chief financial officer Mark Kirkland have gained non-executive director positions, and will focus on "all matters relating to shareholder value."
Hunt facing clash with the City as Treasury doubles down on share tax February 14, 2024 The Chancellor Jeremy Hunt is facing a potential clash with the Square Mile in the coming weeks after the Treasury doubled down on an unpopular tax on share trading yesterday.