The next 75 years: will generalists or specialists prevail? July 5, 2022 | City Talk To generalise or specialise? From the vantage point of 1947, when four financial analyst societies joined forces to create the federation now known as CFA Institute, that question may have had a different answer than it does for investment professionals today. Concentrated in New York and London, finance was hardly the world-spanning sector of 2022. [...]
EU set to overhaul listing rules as competition for tech IPOs intensifies July 5, 2022 The European Union is looking to overhaul listing rules to allow founders to retain more control after going public, in a bid to tempt more tech firms into floating in the bloc.
Saga on track for profits as pandemic recovery continues July 5, 2022 Over-50s specialist Saga said it was on track to return to profits today as it continues its recovery from a pandemic slump.
Exclusive: ‘Veganuary’ founder launches new £30m vegan venture fund July 5, 2022 The co-founder of the ‘Veganuary’ initiative has launched a new £30m investment vehicle today designed to spur growth in firms developing meat-free animal alternative products.
DHL launches UK recruitment drive to create 3,500 new jobs for ten new depots across Britain July 5, 2022 DHL said this morning the logistics giant plans to invest more than £190m into creating 10 new collection and delivery depots across the UK, and expanding 20 existing sites, which will create 3,500 jobs. The investment forms part of DHL’s plan to expand its UK e-commerce operation – DHL Parcel UK – through a £482m [...]
Exclusive: ‘Government must give clarity on Venture Capital Trusts’ or risk jeopardising start-up growth, says industry chief July 5, 2022 The government risks jeopardising funding for early-stage UK startups if it fails to provide clarity on the future of the venture capital trust (VCT) regime, an industry chief has warned today.
Augmentum Fintech pulls back on fresh investment as ‘price correction’ looms July 4, 2022 Fintech venture vehicle Augmentum reported a “strong performance” in its portfolio last year but said it had pulled back on fresh investments in the past six months amid a rout in global tech firms.
Greenwashing creates ‘false confidence’ in climate fight, environment chief warns July 4, 2022 Rampant greenwashing is creating a "false confidence" in the fight against climate change and threatening to to derail efforts to hit net zero targets, the chief of the UK’s environment agency will warn today.
UK Infrastructure Bank kicks off with £5bn war chest as first loan investments are handed out July 1, 2022 The National Audit Office (NAO) revealed this morning that the new UK Infrastructure Bank has a pipeline of future deals worth £5bn. A report by the NAO said the state-owned bank, which was set up last June to support economic growth in regional sectors across the UK, has already started handing out investment despite some [...]
‘ESG inflation’ running rampant, FCA director warns June 30, 2022 The ESG chief of the UK’s top financial watchdog said that “ESG inflation” was running rampant today as the regulator looks to clamp down on the use of the label in investment data and ratings.