Atom Bank mulls going public after £75m funding round February 16, 2022 Digital bank Atom Bank has closed a £75m funding round which values the firm at £435m as it gears up for a potential flotation on the stock exchange.
National Saving & Investments doubles rates on green bond after backlash February 15, 2022 National Security & Investments (NS&I) has doubled the interest rate offered on its green savings bond after it came under fire for offering measly returns for savers the first time round.
Intel snaps up Israeli chipmaker Tower for $5.4bn February 15, 2022 US technology giant Intel has snapped up Israeli chipmaker Tower Semiconductor for $5.4bn today as it looks to deepen its presence in the sector amid soaring demand for semiconductors.
Investors flee ESG funds amid market volatility February 15, 2022 Investors fled ESG funds last month as global market turbulence saw investors seeking steadier territory in financial stocks, new data has revealed.
Australian property fintech PEXA gears up for government-backed UK launch February 15, 2022 Australian property fintech PEXA is set for a UK expansion with backing from the UK government as it looks to roll out a remortgage platform for UK mortgage lenders.
Britishvolt secures £40m backing from Glencore to fuel gigafactory development February 15, 2022 Battery start-up Britishvolt has secured £40m funding from mining giant Glencore as it pushes ahead with plans to develop a major gigafactory in Northumberland.
BT pumps £30m into tech freelancing start up February 15, 2022 Telecoms giant BT has pumped £30m into a tech freelancing start up which helps business transform their digital systems, as it looks to ramp up its own modernisation efforts.
Glencore hails ‘extraordinary’ year as earnings top $21bn February 15, 2022 Glencore boss Gary Nagle hailed 2021 an “extraordinary” year for the miner today as the group reported an 84 per cent surge in earnings driven by record surges in global commodity prices.
Barclays reports surge in scammers targeting customers February 15, 2022 Barclays has reported a surge in scammers trying to con its customers out of cash as it warned the public today to remain vigilant to the tricks deployed by fraudsters.
Activist investor Bluebell lays out plans for Glencore coal spin-off February 14, 2022 Activist investor Bluebell Capital has outlined plans for mining conglomerate Glencore to spin off its thermal coal business while retaining control of the new entity, a letter has revealed.