Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses March 13, 2024 Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England.
FCA chief Rathi: Pension industry must ‘tackle questions’ on risk appetite March 13, 2024 The pension industry needs to “tackle questions” about its risk appetite as the government piles pressure on the sector to pump more cash into UK-based companies, the chief of the Financial Conduct Authority has said.
IP Group aims to build on UK’s ‘science superpower’ ambition despite difficult funding environment March 13, 2024 "The market environment for early-stage investing remained challenging in 2023," CEO Greg Smith noted.
Sir Nigel Wilson: Britain’s bosses must stop ‘moaning, groaning and whinging’ March 12, 2024 UK bosses need to stop “moaning and groaning and whinging” and start talking up Britain as a place to do business, the former boss of Legal & General has warned.
How Liverpool hopes to create 8,000 jobs and ‘save lives across the world’ March 12, 2024 Details of how Liverpool's Investment Zone will seek to create 8,000 jobs and 'save lives across the world' have been unveiled.
Impax posts rise in assets under management despite ESG exodus March 12, 2024 ESG-focused Impax Asset Management has reported an uptick in assets under management (AUM) as the wider sector grapples with higher outflows from sustainable funds.
Wise founder and Legal & General back £63m ‘inclusive’ London start-up venture fund March 12, 2024 Legal & General and the founder of fintech firm Wise are among a host of big name investors to back a new London venture fund looking to pump cash into “inclusive” start-ups.
‘The budget doesn’t f*cking matter’: Gary Stevenson on why Hunt’s fiscal plans are ‘deckchairs on the Titanic’ March 11, 2024 Gary Stevenson, former Citi trader, quit the City a decade ago to campaign against inequality. Charlie Conchie, sits down with him to ask why.