Payments firm Paddle bags ‘unicorn’ status with $200m funding boost May 10, 2022 London fintech firm Paddle has bagged a $200m funding injection today at a valuation of $1.4bn, making it the latest UK firm to achieve so-called ‘unicorn’ status with a value of more than $1bn.
FCA warns of buy now pay later usage amid cost of living crunch May 10, 2022 Consumer groups have sounded the alarm over buy-now pay-later and credit usage as fresh data reveals Brits are turning to the products to buy essentials and ease the pain of a cost of living crunch.
Investors fled equities in April in worst month of flows since March 2020 May 9, 2022 Global exchange traded products notched their worst month of flows since March 2020 in April as investor jitters spread amid soaring inflation and the continued turbulence of war in Ukraine.
Queen’s Speech: Johnson readies new legislative agenda after bruising local elections May 9, 2022 Boris Johnson will look to breathe new life into his flagging government tomorrow as he sets out a fresh legislative agenda for the next session of parliament in the Queen’s speech. Johnson, who was dealt a bruising blow as the Tories lost nearly 500 seats in local elections last week, is expected to deliver a [...]
Putin is ‘mirroring’ the fascism of Hitler, says Ben Wallace May 9, 2022 Vladimir Putin is “mirroring” the fascism of Hitler and must face the same fate as the Nazi top command, the UK defence secretary Ben Wallace said today.
Paysafe teams up with Playtech as payments giant looks to arrest share price slide May 9, 2022 Paysafe has unveiled a new partnership with London-listed gaming tech giant Playtech today as bosses at the payments firm grapple with a plummeting share price.
Private equity firms dismiss Brexit concerns in European investment surge May 9, 2022 UK private equity firms shrugged off Brexit concerns and went on the offensive in Europe last year as acquisitions of corporates on the continent jumped 80 per cent, fresh data has revealed.
Barclays leverages Luxembourg deal to avoid nearly £2bn in tax May 9, 2022 British lender Barclays has avoided almost £2bn in tax by booking profits through tax haven Luxembourg for more than a decade, according to reports.
London-listed HydrogenOne injects £20m into fuel cell firm May 9, 2022 Energy investment vehicle HydrogenOne has pumped £20m into a fuel cell firm today as it looks to spur the development of emission-free electricity.
Aussie investors are poised for a UK green investment splurge, says National Australia Bank exec May 9, 2022 Australian firms are readying a further splurge of investment into the UK to capitalise a boom in renewable energy and infrastructure projects, according to a top National Australia Bank executive.
