Klarna looks to raise cash at slashed valuation of $15bn June 17, 2022 Buy-now pay-later giant Klarna is looking to raise fresh cash at a slashed valuation of $15bn, according to news reports.
Andy Bell set to hand over reins of AJ Bell to CFO Michael Summersgill June 17, 2022 Retail investment platform AJ Bell revealed on Thursday its deputy CEO and finance chief Michael Summersgill will take over from co-founder Andy Bell as chief executive officer of the firm.
Octopus Renewables Infrastructure Trust snaps up solar and battery storage plant June 17, 2022 Octopus Renewables Infrastructure Trust revealed it had snapped up two new ‘ready-to-build’ solar and battery storage projects today to boost the firm’s growing renewables portfolio.
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.
