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.
Gold surges again as Goldman predicts price will top $2500 this year March 8, 2022 Gold has surged again to trade above $2000 throughout today, with analysts now predicting a sustained rise amid turbulence in global equity markets.
Chancellor pressures asset managers to cut ties with Russia March 8, 2022 The Treasury has ramped up pressure on asset managers to dump their holdings in sanctioned Russian firms, with chancellor Rishi Sunak hosting top industry bosses last week to discuss divestment.
