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.
Bank of England plots reinsurance stress tests amid fears of hidden risks February 13, 2024 The Bank of England has said it is mulling whether “further measures” are required to shore up major insurers today, amid reports it is preparing stress tests to probe the market’s exposure to offshore reinsurance firms.
ITV: Mayfair hedge fund snaps up stake as broadcaster grapples with ‘ad recession’ February 13, 2024 A secretive Mayfair-based hedge fund has snapped up a stake in ITV today as the broadcaster struggles with an "advertising recession" and a sharp slump in its share price.
Home REIT: FCA launches investigation into troubled housing investor February 13, 2024 The Financial Conduct Authority has opened an investigation into the beleaguered housing investor Home REIT. In a stock exchange notice today, Home REIT said it had been notified of an investigation into it from the FCA, covering the period between 22 September 2020 to 3 January 2023. “Naturally, the company will cooperate fully with the [...]
The 32 investment trusts that would have made you an ISA millionaire February 13, 2024 A total of 32 investment trusts would have made you a millionaire if you invested the full annual ISA allowance in the same trust every year since 1999
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m February 13, 2024 The Financial Conduct Authority has fined and banned one of the former bosses of London Capital & Finance today over his role in the mini-bond scandal that left investors millions of pounds out of pocket.
Green bond market matures as issuance hits record high February 13, 2024 Green bonds surged to their highest issuance yet, but the value of total issuance declined nine per cent as the market has matured, new data shows.
Top City investors unite in plan to unlock funding for British start-ups following Hunt’s Mansion House reforms February 13, 2024 A group of top pension and venture capital chiefs are drawing up plans to unlock a wave of cash from the pension industry into Britain’s start-ups, as the industry looks to implement a government-led commitment signed last year.