MPs call for dedicated ‘crypto tsar’ as parliamentary schism emerges June 5, 2023 A group of crypto-friendly MPs have called for the appointment of a dedicated “crypto tsar” to oversee plans to turn the UK into a digital asset hub today, as stark divisions emerge in parliament over the future direction and role of the country’s crypto industry. In a new report, the All Party Parliamentary Group on [...]
London based IQ Capital raises $400m to fuel ‘deep tech’ AI and robotics startups June 5, 2023 London-based venture investor IQ Capital has bagged $400m across two funds today as it looks to ramp up its investment in ‘deep tech’ start-ups across areas including artificial intelligence (AI) and robotics.
Sticky inflation and regulatory pressure push UK deals to lowest level since 2016 June 2, 2023 Deals in the UK have slumped to their lowest level since 2016 amid sticky inflation and regulatory pressure.
London SPAC looks to pounce on falling fintech valuations before float next week June 2, 2023 A special purpose acquisition company (SPAC) said it is looking to capitalise on a plunge in the valuations of fintech firms today as it prepares to begin trading on the main market of the London Stock Exchange next week.
Animal drugmaker Dechra backs £4.5bn takeover swoop from Swedish firm EQT June 2, 2023 Animal drugmaker Dechra Pharmaceuticals has backed a £4.5bn takeover bid from Swedish investment firm EQT today in what would be one of the biggest take-private deals in London so far this year.
London Stock Exchange Group shifts FTSE Russell top job to New York June 1, 2023 The London Stock Exchange Group (LSEG) has called in a new boss to head up its indexing business FTSE Russell today - but in a major shake-up up the firm has swapped the top job out of London to New York.
FCA urges Woodford’s burnt investors to ‘seriously consider’ £235m redress deal June 1, 2023 The Financial Conduct Authority has urged Neil Woodford’s burnt investors to “seriously consider the offer on the table” after it struck a redress deal with the fund’s administrator earlier this year.
Don’t fear an AI bubble – investor optimism is roaring back, says Hoberman June 1, 2023 A ballooning artificial intelligence (AI) bubble could be a “healthy” sign for the market and shows investor optimism is roaring back, according to one of Britain’s most prolific entrepreneurs.
Interview: Lastminute.com founder Brent Hoberman on why it’s time Britain embraced risk again June 1, 2023 Lastminute.com founder and serial entrepreneur Brent Hoberman tells Charlie Conchie why Britain must embrace risk and regain its entrepreneurial spirit.
Monzo: Digital bank narrows losses as it chases fintech rivals toward profitability May 31, 2023 London-based challenger bank Monzo said it narrowed its losses last year and has now swung into the black as it scrambles after its rivals in the race to reach steady profitability.
