Cambo oilfield firm snapped up by Israel’s Delek Group in £1.2bn deal April 8, 2022 The firm behind the controversial Cambo North Sea oilfield has been snapped up Israel’s Delek Group in a move that raises the prospects of the project going ahead.
Founders not investors now hold the power, says Innocent-founder turned venture capitalist April 7, 2022 London venture capital is now so buoyant that startup founders are batting away investors, says Richard Reed.
Merchants Trust posts 40th year of dividend hikes as it nearly doubles benchmark index April 7, 2022 London-listed investment trust Merchants Trust announced its 40th consecutive year of dividend growth today after nearly doubling the returns of its benchmark index last year.
Equity exodus: Investors rush to gold ETPs amid market turbulence April 7, 2022 Investors fled European equities last month as the shocks of war in Ukraine continued to drive an exodus towards safe haven assets, fresh data has revealed.
FCA lays out three year plan to increase ‘enforcement and intervention’ April 7, 2022 The City watchdog has laid out a new three year regulatory strategy today to sharpen its efforts to protect consumers and increase its powers of “enforcement and intervention”.
Seedrs boss hits out at regulators for stifling growth April 6, 2022 The boss of crowdfunding firm Seedrs has hit out at UK regulators today claiming they are stifling the potential of UK startups.
New spac to list in London with eye on insurtech market April 6, 2022 A new Spac has announced plans to float on the London Stock Exchange today as it eyes up an acquisition target in the booming insurtech industry.
Shell goes tax free in the North Sea after £100m government refund April 6, 2022 Energy giant Shell paid no tax on its oil and gas production last year even as the global energy crunch saw it profits soar to more than $19bn.
Innocent founders raise £100m for fresh venture fund April 6, 2022 A London venture capital firm set up by the founders of smoothie-maker Innocent has raised a £100m fund to pump into challenger brands.
Fintech industry slams Home Office after delays to scale-up visa April 5, 2022 The Home Office has been censured by the fintech industry today after announcing it would delay a fast-track visa scheme slated for delivery this month.