Exclusive: Government turns to top fintechs to champion sector overseas March 18, 2022 A group of the UK’s top fintech firms will join a new government-backed body designed to help shape trade agreements and champion UK fintech internationally, as ministers look to leverage the sector as a force for trade.
Property investment firm bags £85m injection for affordable accomodation March 17, 2022 Property investment firm Edmond de Rothschild Real Estate Investment Management (REIM) has bagged an £85m injection for one of its investment funds today to pump into rented accommodation development around the UK.
Inbound boss of Cummings’ brainchild ARIA withdraws March 17, 2022 The boss appointed to lead the scientific research agency cooked up by Dominic Cummings has withdrawn from the role just six weeks after being appointed to lead the organisation, according to reports.
Loosened pension rules could unleash £5bn tech and science investment March 17, 2022 Government plans to loosen pension investment rules could unleash a wave of funding into the UK’s tech and life science sectors, according to new research.
Nickel traders plunged into chaos again as LME postpones trading March 17, 2022 Nickel traders were plunged into more chaos this morning as the London Metal Exchange was forced to suspend trading again after further systems failures.
FCA mulls fund ‘side pockets’ to limit damage of Russian assets March 17, 2022 The city watchdog is mulling whether to authorise so-called ‘side pockets’ in retail funds to allow fund managers to separate hard-to-sell Russian and Belarussian assets from their core investments.
Exclusive: London investment vehicle rolls out to back climate tech startups March 17, 2022 A new £20m investment vehicle has rolled out in London today to target early-stage tech firms tackling climate change, as UK investment into the space continues to swell.
HSBC sets out more ambitious climate targets after pressure from investors March 16, 2022 HSBC has scaled up its climate commitments today after coming under fire from a group of investors convened by activist shareholder group ShareAction.
‘Link-in-bio’ tech firm bags $110m injection to accelerate UK expansion March 16, 2022 A specialist “link in bio” tech firm that allows users to customise social media links has announced a $110m funding injection today, as it looks to accelerate its growth in the UK.
Contactless payment value soars after limit is loosened March 16, 2022 The average contactless payment has surged almost 30 per cent in value in the past six months after the limit on payments was hiked from £45 to £100 in October.
