Impax’s takings slump after global retreat on sustainability May 22, 2025 Impax Asset Management recorded a slump in revenue in the first half of the year as a global retreat on green policies turned clients away from its sustainability offering. The firm cited a “challenging first half of financial year” with assets under management falling to £25.3bn. This was down from £37.2bn at the end of [...]
Palo Alto rallies on M&S hacks, but earnings fail to woo investors May 22, 2025 A spate of high profile cyber incidents on British retailers, including Co-op, Harrods, and most notably, Marks and Spencer, has placed cybersecurity spend back in the limelight – and Palo Alto is reaping the costs. Yet, investors are digesting a mix set of quarterly results revealed on Thursday. Ben Barringer, global tech analyst at Quilter [...]
Football to flowers: Law firms (finally) wake up to the importance of branding May 22, 2025 Branding is key; that is why some sponsorship deals can run into millions of pounds, and now some law firms are starting to realise its importance.
The great debt headache May 22, 2025 Debt, debt, everywhere but not a drop to… add to any well balanced investment portfolio. The world is awash with government bonds thanks to the debt piled up during the pandemic. But the increase in interest rates alongside the most significant bout of inflation for four decades has left investors in a quandary. What interest [...]
Motor finance: Is Close Brothers heading for a car crash? May 22, 2025 Costs are mounting, loan books are shrinking, an existential motor finance ruling looms – is Close Brothers heading for disaster? It’s been a bruising 12 months for the lender, with its stock down over 25 per cent. Recent rallies have helped it claw back gains of over 65 per cent in the last six months [...]
Severn Trent paid over £2m to fight off bill overcharging lawsuit May 22, 2025 Severn Trent paid out more than £2m in legal fees to defend allegations it had overcharged millions of household consumers by underreporting sewage leaks. Professional costs increased by £2.3m last year, according to the firm’s annual report. These were mainly in relation to a class action claim brought against Severn Trent and a number of [...]
Paris vs London: which city comes out on top? May 22, 2025 Our front page story yesterday on Paris surging ahead of London in the rankings of tech sector hotspots got people talking, reigniting an ancient debate over the relationship – and rivalry – that exists between these two mighty capitals. Credit where it’s due; Paris has patiently built a deep and high-value tech sector. But it’s [...]
Mark Kleinman: Reeves’ City IPO push still lacks momentum May 22, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ City IPO push still lacks momentum It’s the City’s most oft-recurring question: how do you reverse the alarming decline in London’s attractiveness as a destination for IPOs? The bald statistics legitimise the urgency of the [...]
Enhanced Games: Trump-backed ‘doping Olympics’ set for Las Vegas May 21, 2025 Las Vegas has been selected as the host of the first so-called doping Olympics, organisers the Enhanced Games have announced. The event – which will involve limited track and field, swimming and weightlifting events and take place across Memorial Day weekend next May – will see athletes able to use performance enhancing substances to win [...]
London Broncos will tap Australian rugby league investment, but not NRL May 21, 2025 The former Leeds Rhinos CEO behind a revival of the London Broncos rugby league team says the club will tap into Australian investment – but ruled out selling a stake to the NRL. Gary Hetherington unveiled a masterplan for the future of London Broncos, who are now in the second tier and facing financial uncertainty, [...]