London tech firm unveils first UK smartphone in five years March 23, 2022 London-based tech firm Nothing has announced plans to launch the first UK smartphone in five years as it looks to challenge the dominance of Apple and Samsung.
City watchdog prepares to clampdown on ‘high risk’ investments as consultation closes March 23, 2022 City watchdog the FCA has closed a consultation on the promotion of so-called high-risk investments today as it looks to clampdown on the misleading marketing of a range of alternative asset classes.
US activist pushes TP ICAP to sell after “disastrous” slide in share price March 23, 2022 A US activist investor is pushing the board of UK brokerage and trading giant TP ICAP to sell the firm after what it describes as a “disastrous” decline in its share price.
Apple snaps up Credit Kudos in open banking push March 23, 2022 Tech giant Apple has snapped up UK open banking startup Credit Kudos as it ramps up its push into payments.
London shunned for IPOs as firms head abroad March 23, 2022 London is headed for its weakest quarter for IPOs in thirteen years as market turbulence gives investors the jitters and UK firms shun the capital following a series of high profile flops.
Total severs Russian oil supply contracts March 22, 2022 French oil giant TotalEnergies said it would cut off the Russian gasoil and crude oil supply contracts for its German refinery today.
London Metal Exchange says it has no plans to shut out Russian metals March 22, 2022 The London Metal Exchange said it has no plans to block trading metals from Russian producers despite pressure to clampdown.
London fintech Jeeves gets Tencent backing in $180m funding round March 22, 2022 London corporate card fintech Jeeves has won the backing of Chinese tech giant Tencent in a fresh $180m funding round announced today.
NatWest to roll out buy-now pay-later credit as demand booms March 22, 2022 NatWest is set to be the UK’s first high-street lender to move into the booming buy-now pay-later market as it rolls out a dedicated product for customers later this year.
Prologis launches bid to snap up Blackstone’s €21bn warehouse portfolio March 22, 2022 The world’s biggest warehouse owner Prologis has made a bid to snap up the warehouse portfolio of investment giant Blackstone, as firms scramble to secure logistics capacity and investment continues to pour into the space.