KKR shareholders in line for bumper payouts after revenue boost February 8, 2022 Shareholders at global investment firm KKR are in line for bumper payouts after the firm posted record transaction fees in the fourth quarter and strong sales in its private equity division.
Softbank readies to take Arm public as pressure builds for a London listing February 8, 2022 Japanese conglomerate Softbank is gearing up to take British chip manufacturer public after its blockbuster $40bn takeover by American rival Nvidia collapsed.
GoCardless closes $312m funding round to become UK’s latest fintech ‘unicorn’ February 8, 2022 London-based payments firm GoCardless has closed a $312m funding round to make it the UK’s latest fintech ‘unicorn’ with a valuation of $2.1bn.
Female-focused investment programme launches to help close gender funding gap February 8, 2022 A new female-focused fundraising programme has launched today to aim to close the UK's gender funding gap and work with female founders to navigate unconscious bias in venture capital (VC) investing.
Selina Advance scoops up $150m funding to roll out home equity lending February 8, 2022 London-based fintech firm Selina Advance has scooped up $150m funding as it looks to roll out home equity lending products to customers across the UK.
Telecoms giant Iliad makes a play for Vodafone’s Italy operation February 7, 2022 French telecoms operator Iliad has tabled a bid for Vodafone’s Italian operation just a week after Vodafone boss Nick Read indicated he was gearing up for a period of dealmaking.
Starmer rescued by police from anti-vax mob February 7, 2022 Sir Keir Starmer had to be escorted by police out of parliament this evening, after the Labour leader was mobbed by a group of anti-vax protestors.
Former Norton motorcycle boss pleads guilty to pensions investment breaches February 7, 2022 The former owner of motorcycle firm Norton has pleaded guilty to three charges of breaching employer related investment (ERI) rules after he pumped more than five per cent of his firm’s three pension schemes back into his business. Stuart James Garner, 53, was accused of illegally investing cash from the Dominator 2012, Commando 2012 and [...]
Ladbrokes-owner Entain snaps up Canadian rival for £174m February 7, 2022 Digital gambling giant Entain has snapped up Canadian rival Avid Gaming in a deal worth C$300m (£174m), the firm announced today.
Regulators are playing catch up with digital finance, EU watchdogs warn February 7, 2022 European Union banking watchdogs have warned today that regulation is playing catch up with digital finance as social media platforms and ‘Big tech’ firms increasingly move into the space.