Aston Martin share price surges after billionaire Lawrence Stroll ramps up stake September 29, 2023 The group of investors run by Canadian billionaire Lawrence Stroll has ramped up its stake in Aston Martin today to take its stake in the firm beyond 25 per cent.
Rathbones calls in Investec executive in post-merger shake-up September 29, 2023 City investor Rathbones has appointed a former Investec executive as its new finance chief today as the two money managers merge operations following their tie-up earlier this year .
London closing in on New York despite bruising few months for the City, report suggests September 28, 2023 London is closing in on New York as a financial centre despite a bruising few months in which firms have ditched the City for the Big Apple, a new survey has suggested.
UK dealmaking almost halves to 14-year low amid interest rate pain September 28, 2023 Dealmaking in the UK has cratered to a 14 year low this year as rising interest rates and swinging prices scupper takeovers.
UK ‘committed to working closely’ with the EU as City firms fear post-Brexit red tape September 27, 2023 The City minister has said the UK is "committed to working closely" with the EU on financial services rules today amid fears that growing divergence between UK and EU regulators will increase the regulatory burden on City firms.
FCA set to probe private asset valuations amid fears of liquidity crisis September 27, 2023 The Financial Conduct Authority is set to probe the way investors value the private assets on their books as it continues a deepdive into the liquidity of the market in the UK.
Saga U-turn on selling underwriting business as insurance division hit by hikes September 27, 2023 The over-50s specialist Saga has walked back plans to offload its underwriting business due to unfavourable market conditions
UK tech climbs to record £817bn value despite funding drop-off September 26, 2023 The total value of the UK’s start-up sector has climbed to its highest ever level this year despite the funding drop-off that has rocked growing technology firms, according to new figures.
Dumb Money: FCA uses Gamestop film to warn of speculative ‘hype’ investment September 26, 2023 The Financial Conduct Authority (FCA) is warning cinemagoers about the dangers of speculative investments driven by hype.
Watchdog: Media is creating a negative “atmosphere” around moribund IPO market September 26, 2023 A top Financial Conduct Authority official has taken aim at the press for creating a negative “atmosphere” for business in the UK and discouraging firms from floating in London.