London data firm Preqin exploring sale at £1bn-plus valuation June 5, 2024 Financial data group Preqin is reportedly exploring a sale that could value the firm in excess of £1bn in the latest sign of consolidation in the sector.
Former Bank governor Mark Carney: City needs to lead world once again on green finance June 4, 2024 In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
The UK’s services sector has outperformed since Brexit and the City is leading the way June 4, 2024 According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.
Square Mile and Me: Centrus CEO Phil Jenkins on what drew him to the City May 30, 2024 Each week we ask a City figure to take a trip down memory lane. Today, it's Phil Jenkins, CEO of corporate financial advisor Centrus.
Simpsons Tavern ‘now a crime scene’: City’s oldest chophouse vandalised amid fight for survival May 28, 2024 One of the City’s oldest and most recognised lunch spots has fallen into disrepair as its business owners continue to battle for control of the property after it got into rent arrears during the pandemic.
Goldman-backed Petershill sees private equity activity picking up May 23, 2024 "Crucially, we have maintained our high bar for new acquisitions as we seek out high performing sector specialist Partner-firms," the partners continued.
Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
Worst corporate jargon of the week: Put a pin in it May 16, 2024 The apocalypse may be nigh, but jargon users will be putting a pin in that until the four horsemen make a proper appointment, thank you.
City minister: Pension funds need to start pumping cash into London’s stock market May 15, 2024 UK pension funds need to start pumping cash into London’s stock market “fast”, the City minister will say today, in another warning shot at the sector as government tries to channel a wave of cash into the City.