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.
Private equity giants face deadline for Hargreaves Lansdown bid June 17, 2024 Peter Hargreaves and Stephen Lansdown, who co-founded the platform in 1981, collectively own a quarter of the company's shares.
King’s birthday honours: London Stock Exchange boss among business leaders recognised June 14, 2024 The boss of the London Stock Exchange, Julia Hoggett, has been made a dame today in a list of over 1000 “change makers and innovators” to receive gongs in the King’s birthday honours list.
Plans worth £5bn to create 30,000 jobs given the green light June 14, 2024 Plans that could create more than 30,000 new jobs and attract billions of pounds of private investment to the West Midlands have been given the green light.
Exclusive: Laybuy teetering on the edge of collapse as rescue buyer fails to materialise June 14, 2024 Buy-now pay-later firm Laybuy is teetering on the edge of collapse after efforts to find a rescue buyer have so far failed, City A.M. understands.
‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market June 14, 2024 Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.
Keywords Studios: EQT closes in on £2bn takeover June 14, 2024 Videogame developer Keywords Studios has extended a deadline for its takeover by EQT today as the private equity giant puts the final touches to a deal worth more than £2bn.
St James’s Place calls in new finance chief from UBS as turnaround effort continues June 13, 2024 Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn has been wiped from its value.
Peel Hunt losses double but bosses predict rebound in London listing market June 13, 2024 Losses at investment bank Peel Hunt more than doubled last year despite the bank predicting the first signs of a “recovery” in London’s IPO market.
Regulators should stamp out ‘opportunistic’ exits from London Stock Exchange, says top broker June 13, 2024 City regulators should “tighten” the rules around exiting the London Stock Exchange to prevent “opportunistic” firms cancelling their listings and hammering shareholders, one of the City’s top brokers has said.