Reading FC bidder banned by financial watchdog for forging £170m bond portfolio Sport Business Former Reading FC bidder Paul Taylor has been fined almost half a million pounds and banned from working in financial services for lying about his wealth. The Financial Conduct Authority issued the punishment today after finding Taylor guilty of using forged documents that purported to show he owned bonds worth around €200m (£171m). Taylor attempted [...]
Exclusive: Fintech unicorns lukewarm on Reeves’ stamp duty holiday Markets Two of Britain’s most exciting IPO candidates have told peers that the Treasury’s recent overhaul of stamp duty on shares will not be enough to convince them to list in London, City AM can reveal. Payments giant Zilch and banking software provider Thought Machine both used a recent meeting of industry heavyweights to raise concerns [...]
Thought Machine boss backs London listing for $2.7bn fintech Banking The chief executive of Thought Machine, one of Britain’s most valuable fintechs, has thrown his weight behind a London IPO, but admitted he is under pressure to list in New York.