XPS Pensions Group continues hot streak with record results June 20, 2024 Pensions consultancy XPS Pensions Group toasted another year of record growth with a set of full year results containing substantial gains in revenue, profit, and rise in its divided.
Former deputy mayor’s failed FX firm named in Natwest ‘bin bags of cash’ probe June 20, 2024 The collapsed foreign exchange firm founded by the former deputy mayor of London was used in an alleged £365m money laundering scheme while he was chief executive, City A.M. can reveal.
Hargreaves Lansdown survived its previous boss – private equity will be just fine, says co-founder June 20, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services. This week, it's Hargreaves Lansdown co-founder Peter Hargreaves.
Labour candidate under fire after collapsed FX firm left clients £15m out of pocket June 19, 2024 A Labour parliamentary candidate is facing questions over his past business ventures today after the FX firm he founded collapsed and left customers millions of pounds out of pocket.
Hargreaves Lansdown ‘willing to recommend’ £5.4bn CVC-led takeover to shareholders June 18, 2024 Hargreaves Lansdown has said it is ready to recommend a takeover to its shareholders today after a group of private equity bidders led by CVC rounded again with a fourth non-binding cash offer for the firm.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
Inside London’s most exclusive thoroughbred sale – where horses change hands for millions June 18, 2024 The Goffs London Sale has in recent years become the most exclusive curtain raiser in town as well as one of the most prestigious sales of thoroughbreds in the world.
Peel Hunt chief: If you give a sh*t about the City, you should be very alarmed June 18, 2024 The boss of Peel Hunt has said the City “should be very alarmed” about its future as he defended a string of warnings from the investment bank over the state of the UK’s capital markets.
‘Heartbroken’: Major buy-now pay-later firm collapses after failing to find a buyer June 17, 2024 Buy-now pay-later firm Laybuy has collapsed into receivership today after efforts to find a rescue buyer failed.
Hipgnosis Songs Fund pays directors extra £250,000 for work on deal June 17, 2024 If the sale goes through, all fiver directors are expected to step down from the fund.