OakNorth boosts profits by 70 per cent after lending surge March 30, 2022 Digital lender OakNorth boosted its profits by more than 70 per cent last year as an economic rebound from the pandemic led to a surge in business lending.
Publisher Bloomsbury set to beat profits guidance after global bestseller March 30, 2022 Publishing group Bloomsbury said it was set to sail past profits and revenues expectations this morning as it felt the lift of a number of new fiction titles and a positive acquisition strategy.
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.
Exclusive: Younger users shun banks over weak sustainability performance March 30, 2022 Young people are shunning banks with weak environmental credentials as demand for sustainability in financial services swells, new data has revealed.
Exclusive: Property tech firm Deepki gets €150m backing as it eyes international push March 30, 2022 Real estate software firm Deepki has bagged a $150m funding injection today as it looks to rollout its property data intelligence software to firms across Europe.
Standard Chartered to end coal financing by 2032 March 29, 2022 Asia-focused UK lender Standard Chartered said it will end legacy coal financing for its clients by 2032 as it looks to sever its remaining financial ties with the fossil fuel.
Liontrust to scoop up Majedie for £51.4m discount after share price plunge March 29, 2022 London-based asset manager Liontrust will scoop up Majedie Asset Management for £51.4m below the price originally proposed for the deal in December, after the firm’s share price plunged in recent months
Barclays investor offloads £900m and sends shares tumbling after securities slip up March 29, 2022 Shares in Barclays have plunged this morning as a major shareholder offloaded around £900m worth of shares, just one day after a slip up on securities selling saw it book a £450m hit.
AIG lines up IPO for retirement division as it inks $150bn deal with BlackRock March 29, 2022 US insurance giant AIG is lining up an IPO for its life insurance and retirements business which is expected to fetch a valuation of more than $20bn.
Digital Minister pushes UK tech as sector sails past $1tn valuation March 29, 2022 Digital minister Chris Philp has called today for UK institutional investors to step up and back homegrown tech firms, as government mulls a number of changes to regulation which could unlock a wave of investment from insurance and pension funds.
