COP28: Global climate investment must hit £3.5 trillion during ‘decisive decade’ November 26, 2023 Global climate investment needs to rise to $3.6tn by 2026, Allianz Trade has said, ahead of the COP28 environmental summit this week.
Biotech to breast pumps: Meet the UK’s five fastest growing female founded firms November 24, 2023 Biotech, climate finance and robotics are among the top five fastest-growing female-founded firms in the UK, a study has found.
Short-changed: Woodford investors told to reject FCA’s ‘bad deal’ November 24, 2023 Burnt investors in Neil Woodford’s collapsed investment fund should reject the “bad deal” tabled by regulators and instead pursue their own compensation, the law firm litigating against the fund has said today.
Government tells CMA to focus on growth after Microsoft criticism November 24, 2023 The government has told the Competition and Markets Authority to boost its focus on UK growth going forward as it laid out a list of new priorities for the watchdog following a string of criticism over the past few months.
Boots and L&G strike ‘largest ever single transaction’ pension deal as buy-in flurry continues November 24, 2023 Boots has struck a record £4.8bn buy-in deal with L&G today which will see liabilities for the retailer’s pension scheme shifted over to the insurance giant.
Fractional shares: what do new rules mean for UK investors? November 23, 2023 Though no specific details have been given, experts have cheered the chancellor’s decision to allow fractional shares in ISAs.
City minister pledges regulatory shake-up for the Square Mile in maiden speech November 23, 2023 The new City minister Bim Afolami took aim at cumbersome regulation in the Square Mile today as he laid out plans for a wave of rules reform in his maiden speech.
City regulator could restrict short selling under proposed legislation November 23, 2023 The regulation would give the financial regulator the power to “prohibit or impose conditions” on people entering into a short sale.
City watchdog ‘is still failing’ burnt Woodford investors, MPs say November 23, 2023 The FCA "has failed, and is still failing" investors who were affected by the Woodford scandal, a group of MPs have said.
Relief as UK Chancellor Jeremy Hunt extends VCT and EIS sunset clauses November 22, 2023 Chancellor Jeremy Hunt confirmed that the Venture Capital Trusts and Enterprise Investment Scheme sunset clauses would be extended to 2035 as part of today’s Autumn Statement.