Business lender Funding Circle beats expectations with £64m profit March 10, 2022 Small business lender Funding Circle beat expectations today as it surged back to profitability following a hit through the pandemic in 2020.
Savills profits surge as global real estate market comes roaring back March 10, 2022 Estate agent giant Savills reported a surge in profits today as the housing market came roaring back from a pandemic-induced slowdown in 2020.
London consumer tech firm bags $70m to pump into product design March 9, 2022 London-based earphone maker Nothing has bagged a $70m funding round today to pump into product development as it opens up a new design hub in the capital.
Investors hunt for bargains amid global market turmoil March 9, 2022 Investors have piled into flagging equities in the past week as they hunt for bargains amid the market turmoil sparked by Russia’s invasion of Ukraine.
Listed Jupiter trust plans to liquidate after Ukraine conflict muddies outlook March 9, 2022 A £66m listed investment fund has put forward plans for liquidation after conflict in Ukraine muddied the economic outlook and restricted opportunities for growth.
Low-carbon SPAC lines up £175m float to snap up green energy firm March 9, 2022 A low-carbon focused acquisition vehicle has announced plans for a £175m float on the London Stock Exchange today as it looks to snap up a business driving the green energy transition.
Will the shocks of war end the global deals boom? March 9, 2022 London dealmaking showed the first strains of war this week as precision manufacturer Spectris abandoned its takeover bid for microscope-maker Oxford Instruments, citing volatility sparked by Russia’s invasion of Ukraine.
Quilter shareholders set for bumper payday as bosses announce £328m capital return March 9, 2022 The boss of Wealth management giant Quilter hailed 2021 an “important” year for the the firm as it reported a boost in profits and unveiled a £328m capital return to shareholders following a share buy back programme.
Legal & General reports boom in profits as it feels post-pandemic lift March 9, 2022 Asset management giant Legal & General reported a surge in profits and hiked its dividend payouts today as it felt the lift of a post-pandemic boom across its divisions.
Money transfer fintech launches in London to take on Wise and PayPal March 9, 2022 A new money transfer fintech firm is looking to snap up market share from Wise and PayPal as it launches in London today with a fresh $4.5m round of funding.