Klarna going ‘all in on AI’ to fuel super-app push August 21, 2023 Klarna is “going all in on AI” as it looks to push beyond its buy-now pay-later bread and butter and take on banks on cheap lending, its global chief said.
GAM calls on rebel investor to ‘accept the realities’ and back Liontrust takeover August 21, 2023 Swiss asset manager GAM has called on shareholders to “accept the realities” facing the firm today as it issued a rallying cry for investors to back its takeover by London rival Liontrust. Liontrust has faced a wave of resistance from shareholders since launching a £96m takeover swoop for GAM in May, with a group of [...]
Home REIT set for shareholder showdown over ditching homeless focus August 21, 2023 Home REIT is set for a fresh showdown with shareholders today as it looks to ditch its social purpose investment strategy in a bid to restore its rental income and steady the ship.
FTSE 100: London markets slip as investors fret over China and global slump August 17, 2023 The FTSE 100 has slipped lower at the open this morning as investors fret over the impact of inflation and a slowing global economy.
Interactive Investor founder Sherry Coutu: entrepreneurship, climbing mountains and why Sunak’s maths plans don’t quite add up August 17, 2023 Interactive Investor founder Sherry Coutu on education, climbing mountains and entrepreneurship
Admiral: Insurance giant hikes prices by 20 per cent to stave off inflation hit August 16, 2023 Insurance group Admiral ramped up its prices by 20 per cent in the first half of the year to stave off the worst impact of rampant inflation on its profits margins. In its half year results today, the London-listed motor insurance specialist posted a four per cent bump in profits in the six months to [...]
Aviva hikes dividend payout after profits boost August 16, 2023 Insurance giant Aviva has hiked its payout to shareholders today after posting a boost in profits in the first half of the year on the back of growth across the group. In its half year results this morning, the FTSE 100 firm said operating profits had grown eight per cent to £715m in the first [...]
FCA: One in 10 interest-only mortgage holders may be ‘overly optimistic’ on debt August 15, 2023 One in 10 interest-only mortgage holders might be “overly optimistic” about paying off their debt when the time comes, the City watchdog has suggested.
Rise of the ‘finfluencers’: Instagram, Facebook and Reddit drive investment ideas in young people August 15, 2023 Young people are increasingly turning to social media for investment ideas even as the Financial Conduct Authority (FCA) starts to whip out regulation on the field of finance influencers – or ‘finfluencers’ as they are often known as. Over a fifth of investors ages between 18 and 34 are taking investment advice such as stock [...]
Would CVC ever consider a London listing? August 15, 2023 Buyout giant CVC is reported to have revived its listing plans in recent weeks and is heading for a blockbuster float on Amsterdam’s Euronext bourse.