Nodor: Darts maker for Luke Humphries sells majority stake to Inflexion December 9, 2024 A majority stake in a family-run company which makes darts used by world champion Luke Humphries has been sold to a private equity firm. Inflexion has invested in Nodor Group, which is behind Winmau boards and Red Dragon darts, for an undisclosed sum. The Bridgend-based company was founded more than 100 years ago and has [...]
Investors want to see ‘ambition’ from UK on climate change, Pinchbeck says December 8, 2024 Private investors are keen to see “ambition” from the UK government on climate change, the head of an influential emissions body has warned politicians. Emma Pinchbeck, chief executive of the Climate Change Committee, which advises the government on emissions targets, stressed that the private sector “likes a bit of ambition”. The former Energy UK CEO [...]
UK start-ups punch above their weight — and it’s being noticed worldwide December 5, 2024 Despite the “doom and gloom” narrative and post-Budget fears looming over the UK’s start-up ecosystem, the country still holds its ground at the forefront of global innovation. At least that is the view of Ashish Patel, managing director at Houlihan Lokey’s Capital Market Group, who says that a rise of international investment into UK start-ups [...]
Harry Maguire among investors in AI lawyer’s $40m push into US market December 5, 2024 Footballers Harry Maguire and Reece James among those that co-led UK legal tech startup Lawhive raising $40m in series A funding for its push into the US
Why Brits are backing cash and shunning the stock market December 5, 2024 Brits are sitting on a record amount of cash and shunning the stock market – Elliot Gulliver-Needham looks at why the UK has become a nation of savers. UK cash savings have surged to a record £2.1 trillion this month, up more than £51bn since the start of 2024, according to new data from Janus [...]
Investors pile into UK equities after pre-Budget selling December 4, 2024 UK equity funds ended a 41-month streak of outflows last month as investors piled back into the market following Rachel Reeves’s tax-raiding Budget. After suffering their worst month on record before in the run up to the October fiscal plans, fund flows reversed sharply as investors poured money back into the market, with buying for [...]
Premier Miton: UK equity market still ‘out of favour’ December 4, 2024 The AIM-listed investment company reported that pretax profit fell to £3.2m in the year-to-November, down from £5.9m last year.
CMA takes steps towards probe into BlackRock’s acquisition of Preqin December 3, 2024 The British competition regulator takes first steps towards a probe into BlackRock's anticipated £2.55bn acquisition of financial data group Preqin
Etoro: ‘We could still float in London but things need to change’ December 3, 2024 The UK boss of trading platform Etoro has opened up about what the London Stock Exchange has to do to win its backing.
The investment industry is primed to support the government’s growth agenda December 3, 2024 Taking risks is essential to economic growth, but too many people are missing out on the opportunities investment can bring, says Chris Cummings The anticipation in Mansion House was palpable as Rachel Reeves delivered her first address to the financial services industry last month. As leading figures across UK business and government listened to the [...]