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2019 Articles
Quilter to sell life assurance arm for £425m as it reports operating loss
Asset managers Quilter Plc has announced that it intends to offload its life assurance business to ReAssure for £425m, as [...]August 5, 2019Two thirds of adults fear AI will take jobs
The public is concerned about the impact of artificial intelligence on their jobs and personal data, while some fear the [...]August 2, 2019Losses widen at Seedrs as deal sizes continue to grow
Equity crowdfunding platform Seedrs has reported a record operating loss as it focuses on expansion, but saw a significant increase [...]August 2, 2019UK bonds bounce back in June as equity funds lose out
Bonds are back in favour with UK investors but equities have continued to struggle amid ongoing political uncertainty. £2.4bn flowed [...]August 1, 2019Rio Tinto announces $1bn special dividend as profits fall
Rio Tinto has announced a bumper dividend of $1bn (£825m) after reporting a drop in first-half pre-tax profits, despite red-hot [...]August 1, 2019UK leads EU venture capital, but Brexit could threaten its dominance
The UK is continuing to dominate European venture capital (VC) deals thanks to a rise in mega rounds but uncertainty [...]July 31, 2019Jupiter’s assets up under new boss as outflows begin to slow
Jupiter Fund Management has seen a modest first-half improvement under new chief executive Andrew Formica, but the company is still [...]July 30, 2019Virgin Money owner CYBG share price falls as it warns of softer full-year margins
Shares in CYBG are down over 11.5 per cent this morning after the challenger bank warned that net interest margins [...]July 30, 2019Neil Woodford’s flagship fund to stay frozen until December
Beleaguered fund manager Neil Woodford has apologised to investors after the announcement that his flagship Equity Income Fund will remain [...]July 29, 2019Neil Woodford defends share sell-off as he faces removal from namesake fund
Embattled stock picker Neil Woodford has defended his decision to sell the majority of his stake in his investment trust [...]July 29, 2019AIM delistings fall to lowest level in over a decade
The number of companies delisting from the stock exchange’s Alternative Investment Market (AIM) dropped to the lowest level for a [...]July 29, 2019FCA tries to take consumers back to the nineties ahead of PPI deadline
The animatronic head of Arnold Schwarzenegger and the eight-time world memory champion have been enlisted by the Financial Conduct Authority [...]July 29, 2019SFO cuts spending on lawyers as conviction rate falls
The serious fraud office’s (SFO) spending on staff and external counsel fell last year, while its conviction rate crumbled to [...]July 28, 2019Private equity firms eye up challenger accountancy firm Cogital
Several private equity groups are reportedly preparing bids on UK-based accounting firm Cogital, in a deal that could value the [...]July 28, 2019 - Industries