GAM’s UK equity team to transfer to Jupiter Asset Management November 20, 2023 GAM said there will be a “seamless transition” for clients which will allow them to remain invested in the fund.
British Business Investments reports sharp drop in annual profit November 14, 2023 British Business Investments reported a sharp drop in annual profit on Tuesday as it lamented a challenging economic backdrop in the UK. British Business Investments is a subsidiary of the British Business Bank, a government-owned development bank. BBI aims to improve access to alternative finance for smaller businesses in the UK while making a commercial [...]
Nuclear contender Westinghouse keen to win over local opposition as SMR race heats up October 31, 2023 Westinghouse Electric Corporation is confident is can win over any potential local opposition to nuclear power.
Limited edition whisky from The Scotch Malt Whisky Society has dropped October 25, 2023 The Scottish Malt Whisky Society turns 40 – and it has a special commemorative bottle that you will want in your collection.
Investing in women could boost UK economy by £250bn, MP to say October 1, 2023 Investing in women at the same rate as men could create £250bn in new value for the UK economy, Harriett Baldwin is set to say. The former City minister and now chair of the Treasury select committee will tell the WVC:E summit that inequality between investment in men and women is unacceptable. Baldwin is expected [...]
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
UK only replaced a third of public investment since leaving EU, think tank warns September 14, 2023 The UK has only been able to replace a third of public investment – and just an eighth of infrastructure investment – since leaving the European Union (EU), a think tank has warned. EU funding of £146bn over 46 years had supported crucial infrastructure schemes such as the Channel Tunnel, the Thames Tideway Tunnel and [...]
Twitter owner Elon Musk to be invited to government investment summit August 22, 2023 Twitter owner Elon Musk is among top business leaders expected to be invited to Rishi Sunak’s global investment summit this autumn. Tesla boss Musk – who recently bought and renamed Twitter as X – is among figures including Amazon founder Jeff Bezos who officials are keen to see attend the summit, according to Sky News. [...]
UK firms asked to disclose China investments as Sunak mulls trade curbs August 21, 2023 A host of British firms have been asked by the government to hand over information on their investments in China, as the UK looks to take stock of its business ties to the state amid increasing geopolitical tensions. The government confirmed today that a survey was sent to a number of UK firms last month [...]
Insurers back Bank of England Brexit Solvency II reforms and new investment push June 30, 2023 Insurers welcomed proposals released yesterday detailing potential post-Brexit reforms to the EU’s Solvency II regime. The EU’s Solvency II regime imposed rules on how much capital insurers had to hold and where it could be invested. Plans to reform the regime were announced last year and are designed to unlock billions in capital from the [...]