Mastercard records surge in spending as global covid restrictions ease April 28, 2022 Payments giant Mastercard recorded a surge in spending on its network in the first three months of the year as consumers splurged on holidays and shopping as global covid restrictions were eased.
MPs size up venture capital as an engine for ‘levelling up’ April 28, 2022 MPs revealed they are exploring the potential of venture capital to act as an engine of the government’s ‘levelling up’ agenda today, as the Treasury Select Committee opened a consultation into the state of the industry.
London-listed FinnCap snaps up sustainability consultancy in ESG push April 28, 2022 London-listed broker finnCap has snapped up a major stake in sustainability consultancy Energise today as the firm extends its reach into environmental, social and governance (ESG) advisory.
Watchdog unveils plans for fund ‘side pockets’ to shield investors April 28, 2022 The UK’s top financial watchdog has revealed plans for the use of so-called fund ‘side pockets’ today to ring fence assets that have become untradeable in the wake of Russia’s invasion of Ukraine.
Government reveals plans for Solvency II overhaul in bid to unlock funding boost April 28, 2022 The Government has revealed its plans to overhaul EU-era insurance regulation today in a bid to unlock billions of pounds of investment from the UK's insurance giants into UK infrastructure.
Chamber boss hits out at City of London for ‘laundromat’ complaints April 28, 2022 The boss of London Chambers of Commerce has hit out at the City of London Corporation today for complaining about London’s ‘laundromat’ label, claiming that questions have “rightly been raised” over the City’s reputation for dirty cash.
Apollo teams up with Mukesh Ambani in bid for Boots April 27, 2022 Buyout giant Apollo has teamed up with India’s second-richest man Mukesh Ambani to launch a bid for Boots, as the race to takeover the chain enters the final stretch.
M&G begins hunt for CEO as Foley steps down April 27, 2022 London investment outfit M&G kicked off the hunt for a new chief executive today as boss John Foley announced he would step down from the role.
Archegos boss Bill Hwang arrested on fraud charges April 27, 2022 The founder of collapsed investment firm Archegos Capital has been arrested and charged with orchestrating a fraudulent scheme, US regulators announced today.
Tasty year for Gousto as revenues surge to £315m April 27, 2022 Recipe box firm Gousto hailed 2021 an “outstanding” year for the firm as revenue surged 67 per cent to hit a record £315m.
