Why listed companies and the City are calling for a red tape revolution August 30, 2023 The watchdogs tasked with imposing governance and reporting standards on financial firms walk something of a tightrope across the Square Mile - but experts want reform.
Investors urge UK firms to increase efforts on tackling slavery in supply chains August 29, 2023 Investors are calling on UK-listed companies to increase efforts to tackle modern slavery, human trafficking and forced labour in their supply chains.
City firms fire £1.5tn warning shot at Sunak over lack of net zero clarity August 29, 2023 Top City firms have fired a warning shot at Rishi Sunak over a lack of “long term clarity” on net-zero today after ministers have wavered on a number of climate commitments in recent weeks.
Rebel GAM shareholders cough up £18m and push through boardroom clearout after Liontrust deal implodes August 29, 2023 The rebel investor group that disrupted Liontrust’s takeover of GAM has agreed to cough up CHF 20m (£17.9m) and push through a total boardroom shake-up today.
Next week in the City: Prudential, Bunzl and Grafton update investors August 26, 2023 Despite an August lull taking hold of the corporate calendar, Prudential, Bunzl and Grafton.
Seed stage science fund bags £29m government funding boost August 25, 2023 A seed-stage science fund run by London venture outfit Future Planet Capital has bagged a £29m funding boost from the government today to pump into early stage life science firms.
Tory peer’s CMC Markets fires warning on revenue as ‘challenging’ markets linger August 25, 2023 CMC Markets, the trading platform owned by Tory peer Lord Cruddas, fired another warning on income today as “challenging” conditions continue to weigh on activity.
Explainer: Why did Liontrust’s bid for ailing Swiss fund manager GAM collapse? August 24, 2023 Liontrust’s concession of defeat this morning brought to a close a hostile takeover spat. What went wrong?
U-turn? GAM enters financing talks with Xavier Niel-backed group after failed Liontrust takeover August 24, 2023 Ailing fund manager GAM has turned to a rebel group of shareholders for emergency funding today despite previously rebuffing the offer and favouring a takeover swoop from London-listed Liontrust.
Batting for business: England’s Jos Buttler on investing, Ben Stokes and life after sport August 24, 2023 England cricketer Jos Buttler is turning his hand to investing with the Player's Fund, launched this week.