Investors pounce on start-up incentive scheme amid fears of Labour tax rises September 9, 2024 Flows into a government-backed scheme offering tax reliefs for investors in UK start-ups have surged since the general election, new data has revealed, as fears grow of possible tax rises under the new Labour government.
Reeves is right to squeeze private equity – but a sweeping capital gains hike will hurt the City, says Cavendish chair September 5, 2024 The government is right to launch a raid on the profits made by private equity bosses but a sweeping hike in capital gains and inheritance tax could suck investment out of the City, the chair of investment bank Cavendish has warned. Lisa Gordon, who chairs the London-listed broking group, urged Rachel Reeves to be “more [...]
Could venture capital firms miss out on the great pension fund start-up splurge? September 3, 2024 The UK's top pension fund managers are poised to pump billions into the UK's start-ups - but venture capital investors keen for cash may play a smaller part than they had hoped, writes Charlie Conchie
‘The mood change is palpable’: UK firms feel Labour lift despite looming tax raid, says Peel Hunt September 3, 2024 The UK economy is “rebounding solidly” and the City of London is reaping the benefits of the Labour government’s ‘growth agenda’ despite fears of an looming round of swinging tax cuts, one of the Square Mile’s top investment banks has said.
Oakley Capital: Private equity firm sells digital learning platform to Lloyd’s Register September 2, 2024 Private equity firm Oakley Capital has sold digital learning platform Ocean Technologies Group (OTG) to maritime classification society Lloyd’s Register for an undisclosed sum.
US accuses Georgia government of running scam call centres August 14, 2024 The Georgian government has been accused of operating scam call centres that defraud UK investors of millions each year. The Commission on Security and Cooperation in Europe – also known as “the Helsinki Commission” – called on the US State Department to launch an immediate crackdown on the Georgian Dream party. A statement released by [...]
Inmotion Ventures: Jaguar Land Rover’s investment arm slips to loss after busy year August 12, 2024 Inmotion Ventures, the investment arm of Jaguar Land Rover (JLR), made a loss during its latest financial year after backing six new companies. The Coventry-headquartered business has posted a pre-tax loss of £2.6m for the year to March 31, 2024, newly-filed accounts with Companies House have revealed. The loss comes after Inmotion Ventures made a [...]
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity August 12, 2024 In this episode of Meet the Fund Managers, Elliot sits with Helen Steers, co-lead manager of private equity trust Pantheon International Plc (PIP).
Hargreaves Lansdown enters crunch week for £5.4bn takeover bid August 4, 2024 Hargreaves Lansdown will need to convince shareholders why it is recommending a £5.4bn bid to take the investment platform private if a formal offer is made this week.
UBS: Silver prices under pressure, but not for long July 29, 2024 Silver prices might be under pressure at the moment, but they should surge up in the next few months, UBS analysts have argued.