Exclusive: Kalifa calls on pension funds to fill fintech growth funding cap January 17, 2022 The author of a major review of UK fintech has called on pension funds to back British entrepreneurs and fill a major growth funding gap in the sector.
WH Smith faces investor revolt over executive pay January 16, 2022 WH Smith faces a revolt from investors after it was announced boss Carl Cowling was in line for a £550,000 bonus despite the firm not paying back government pandemic support.
Energy operators working to blend 20 per cent of hydrogen fuel into regular gas grid from 2023 January 15, 2022 Energy operators of the gas grid said this morning they will have the capacity to blend 20 per cent of hydrogen fuel into the regular gas grid from next year. This means the grid will be able to deliver more hydrogen to households across Britain, a move that could see a drop in households’ carbon [...]
Tiger Woods-backed SPAC gears up to go public with $150m fund raise January 14, 2022 A special purpose acquisition company (SPAC) backed by Tiger Woods is heading for an initial public offering.
Tech leaders double down on digital currency following Lords rebuttal January 14, 2022 Tech bosses have doubled down on calls for a central bank backed digital currency (CBDC) after a report by the house of Lords.
Shares in private equity giant TPG surge after flotation January 14, 2022 Shares in US Private equity giant TPG surged on its first day of trading.
London heads for bumper year of venture capital investment after record 2021 January 13, 2022 London’s is heading for another bumper year of investment after 2021 saw record amounts of venture capital (VC) injected into the capital’s tech firms.
‘Firefighting every day’ in sector in crisis: Social care providers reject new clients as staff shortages spiral out of control January 13, 2022 New client requests are rejected while existing care packages are handed back as social care providers are overwhelmed by staffing shortages, according to a new survey shared with City A.M. this morning. Two thirds of home care providers are turning away new requests for care while a fifth are handing back care packages, according to [...]
London growth investor raises €525m for new technology fund January 12, 2022 Sprints Capital has raised €525m for a new technology fund as it looks to tap into high growth tech businesses.
Checkout.com hits $40bn valuation as it raises $1bn for US expansion January 12, 2022 Payments giant Checkout.com has closed a mammoth $1bn funding round as it gears up for a major US expansion, the firm announced today. The funding round values the payments processor at $40bn and places it firmly among Europe’s most valuable fintechs. The latest round was backed by investors including Altimeter, Dragoneer, and the Qatar Investment [...]