London IPOs plunge as the City feels the shocks of war April 11, 2022 London has seen a major slowdown on its capital markets this year as the shocks of war in Ukraine and soaring inflation sparked a plunge in the amount of cash raised through IPOs.
Italian lottery operator Sisal mulls joining Camelot’s High Court challenge April 10, 2022 Italian lottery operator Sisal is considering teaming up with Camelot to challenge the Gambling Commission’s decision to pick Czech firm Allwyn to run the UK’s National Lottery. Sisal is weighing up plans to back Camelot’s High Court bid to overturn the Gambling Commission’s decision, after Camelot lodged a legal challenge against the government agency earlier [...]
European equity funds record rebound in inflows after March exodus April 8, 2022 European equity funds notched a rebound in inflows in the first week of April after market volatility saw them haemorrhage investors throughout March.
Sunak tells Bank of England to ease up on opposition to fossil fuel April 8, 2022 Rishi Sunak has urged the Bank of England to ease up on its opposition to fossil fuel investment despite the UK's green commitments.
Investors pour record £1.13bn into venture capital trusts April 8, 2022 Venture capital trusts have reported a record year of funding in the past year as UK investors poured more than £1bn into the growth investment vehicles.
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”.