Glencore trading profits set to soar amid volatile commodity prices June 17, 2022 Glencore is on course to post record profits from its trading business in the first half of the year as it continues to feel the lift of volatile commodity prices.
Monzo poised to press on with crypto plans, co-founder says June 16, 2022 Monzo is likely to double down on its crypto investment plans despite a looming ‘crypto winter’, its co-founder said today.
Unilever shareholder accuses firm of concealing Ben & Jerry’s Israel boycott June 16, 2022 A Unilever shareholder has sued the firm over claims it hid the decision by its subsidiary Ben & Jerry’s to pull out from Israeli-occupied Palestinian territories.
Government food strategy proposals ‘do not go far enough’, say top investors June 16, 2022 A group of top investors representing £6tn in assets have slammed the government’s response to the national food strategy today and called for mandatory health and sustainability reporting in the UK.
BlackRock launches programme to spur net-zero transition and strengthen energy security June 16, 2022 The world’s biggest asset manager BlackRock has today launched a new investment infrastructure programme designed to help boost energy security and drive the transition to cleaner energy among high-polluting firms.
FCA urges lenders to ‘act now’ to protect consumers from cost of living crunch June 16, 2022 The UK’s top financial watchdog has written to UK lenders today urging them to “act now” to ensure they can protect consumers amidst a cost of living crunch this year.
Government announces overhaul of Consumer Credit Act to ‘keep pace with modern world’ June 16, 2022 The government has committed to a sweeping overhaul of the Consumer Credit Act today in a bid to modernise the framework for credit firms and shift more hands into the hands of regulators.
Law firms join forces to press claims on Woodford fund collapse June 15, 2022 Two of the law firms pressing claims over the alleged mismanagement of the now collapsed Woodford Equity Income Fund are looking to join forces in a bid to win redress for investors.
AssetCo boss says ‘still much to do’ as firm posts first half loss June 15, 2022 The boss of AssetCo said today there was “still much to do” as the newly expanded asset manager posted pre-tax losses of £2.6m for the first half of the year.
Bloomsbury posts record results as pandemic reading surge holds momentum June 15, 2022 Publishing group Bloomsbury posted record results today as a pandemic-induced surge in reading continued, pushing profits to £26.7m.
