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.
Exclusive: Revolut boss criticises FCA over sluggish progress on banking licence June 15, 2022 The founder of fintech giant Revolut has criticised the Financial Conduct Authority (FCA) after the firm’s progress towards a full banking licence had been "slower” than expected.
SoftBank lines up dual listing in London for Arm IPO June 15, 2022 SoftBank is lining up a London listing for some of its stake in British chipmaker Arm, in a turnaround from earlier plans to float the firm solely in New York, according to reports.
Progress on Arm London listing ‘hugely significant’, says tech chief June 14, 2022 Tech chiefs have hailed the possibility of a London listing for British chipmaker Arm as “hugely significant”, after the digital minister said progress had been made in discussions with the firm’s owner SoftBank this week.
Allica Bank bags £55m funding led by British Business Bank subsidiary June 14, 2022 Fintech business lender Allica has bagged a fresh £55m round of funding today to “fuel its continued growth” as it eyes up profitability this year.
Sky piles into new £100m climate tech fund June 13, 2022 Media giant Sky will anchor a new £100m venture capital fund looking to pump cash into early-stage ‘climate tech’ firms, the firm announced today.
FCA shifts Credit Suisse onto financial watchlist after string of scandals June 13, 2022 The UK’s top financial watchdog has moved embattled lender Credit Suisse onto a watchlist of institutions in need stricter supervisions, after the bank has been hit by a string of scandals in the past 18 months.
Ministers unveil new digital strategy to boost UK tech sector June 13, 2022 Ministers have today unveiled plans to boost the UK’s tech sector and spur investment into the digital economy in a bid to cement the country “as a global tech superpower”.
