‘Show restraint on pay’, fund managers tell FTSE bosses November 10, 2022 Fund managers are urging the UK’s top bosses to rein in their pay this year as the economy is rocked by a cost of living crunch.
Octopus looks to slash heat pump costs with Lloyds deal November 9, 2022 Renewable energy firm Octopus has struck a deal with Lloyds Banking Group to roll-out low-cost heat pumps to customers today, in a tie-up that aims to boost the decarbonisation of domestic heating.
Venture Capital funds reverse as private firms are hit by headwinds November 9, 2022 Private equity and venture capital funds have reversed and begun losing investors cash in the past quarter as the market is buffeted by a cocktail of interest rate hikes and a looming recession, according to a new report.
EQT Ventures eyes UK investment spree with £970m fund November 9, 2022 Sweden’s EQT Ventures said it was eyeing up a UK investment spree today after it bucked a downturn in the market to raise $1.1bn (£970m) to pump into early-stage tech firms across Europe.
Exclusive: Laybuy eyes profit as customer spend surges to £64m November 9, 2022 Buy-now pay-later firm Laybuy said it was on track to hit profitability this year as it reported a 32 per cent surge in the amount of cash it brings in per customer.
Watchdog ‘cherry-picking’ buy-now pay-later rules, fintech groups claim November 8, 2022 Fintech bodies have rounded on the City watchdog for “cherry-picking” its regulation of buy-now pay-later firms today, after it threatened executives with jail time for contravening financial promotion rules.
Global investors plough £97bn into funds as confidence rebounds November 8, 2022 Global investors ploughed $111.5bn (£96.58bn) into exchange traded products in October as conviction roared back in the strongest month of flows since March, new data has revealed.
‘Golden source’ for ESG data will help listed firms decide where they put their cash November 8, 2022 A new ‘golden source’ for environmental and social governance (ESG) data will help listed firms decide where they put their money, and even what their values should be. Nina Spencer saw a gap in the market after more than 15-years sitting on company boards and advising leading fintech firms. Her new analytics and benchmarking database, [...]
London markets ‘completely throttled’ by regulation, says former exchange chief November 8, 2022 The UK’s equity market has been “taxed to death” and “completely throttled” by fiscal policies and regulation, the former chief of the London Stock Exchange Group has claimed, as he warned the Capital was in danger of losing its status as a global financial services hub.
Evelyn Partners assets tumble £4bn amid market volatility November 7, 2022 Wealth manager and financial services group Evelyn Partners reported a slump in its assets to £52bn today as it became the latest money manager to reveal the damage wreaked by market volatility in the third quarter of the year.