City of London hiring rebounds in 2024 but still well below post-Covid highs April 29, 2024 The number of jobs posted by City finance firms rebounded at the start of 2024, according to a new survey, although the market remains subdued following a rough year for recruiters.
Private jet firm plots flight away from the London Stock Exchange April 29, 2024 Private jet firm Gama Aviation has revealed plans to quit the London Stock Exchange’s junior AIM market in the latest of a flood of exits from the bourse in recent weeks.
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Humza Yousaf resignation: What happens next for the SNP and Scotland’s government? April 29, 2024 The SNP leader and First Minister has now confirmed he will give a press conference at midday today, at Bute House in Edinburgh.
Elementis: Activist investor calls for chemical firm’s chief to go amid ‘weak’ share price concerns April 29, 2024 An activist investor in FTSE 250 firm Elementis has called for the removal of its chief executive as it becomes the latest shareholder to bemoan the chemicals group's "persistently weak" share price.
Western banks pay £684m in taxes to Vladimir Putin’s regime April 29, 2024 The largest western banks that still operate in Russia paid more than €800m (£684m) in taxes to the Kremlin last year in a sign that foreign companies remaining in the country are helping Vladimir Putin weather international sanctions.
Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme April 29, 2024 Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
FATF & Furious – Preparing for Travel Rule Implementation April 29, 2024 After the recent Financial Action Task Force (FATF) meetings in Vienna and Paris, the crypto and digital asset industry has continued their furious preparation for travel rule compliance. The rule finds its origins in a 1996 rule from the Financial Crimes Enforcement Network (FinCEN) which required all financial institutions to pass on certain information to the next financial institution when there was a transmission of funds involving more than one financial institution.
Stablecoins are starting to win the payments use case April 29, 2024 fter a 6-year break, Stripe, the payment giant, announced that it is re-introducing Crypto payments. This time it will not be Bitcoin, a clunky payment channel at best, but USDC, the stablecoin. It will be running on Solana and Ethereum rails and instantly convert to Fiat.
Astrazeneca: London-listed pharma giant heralds successful breast cancer drug April 29, 2024 Astrazeneca has found that Enhertu helped patients live longer without their breast cancer getting worse compared to standard chemotherapy.