Phoenix calls for loosening of pensions rules to let younger savers back risker investments February 4, 2022 One of the UK’s largest pensions providers has called for a loosening of the pensions charge cap to allow younger savers' money to be channelled into higher risk areas like venture capital and private equity.
European oil facilities hit by wave of cyber attacks February 4, 2022 European oil facilities have been hit by a spate of cyber attacks that crippled oil terminal IT systems across Europe and Africa.
Loeb’s Third Point reports a slide in portfolio despite Shell boost February 4, 2022 Dan Loeb’s Third Point Investors has reported a slump in the value of its investment portfolio after a turbulent month in the markets took its toll on performance. Overall asset value in the notorious activist investor’s firm fell 8.7 per cent last month while the share price slid 12.9 per cent in January. Third Point [...]
Exclusive: App platform Airtable backs London with first international HQ in Shoreditch February 4, 2022 US app building platform Airtable has today announced it will open its first international headquarters in London as it looks to ramp up expansion into European, African and Middle Eastern markets.
Government readies another listings shakeup to tempt in tech firms February 4, 2022 Government is readying another major shakeup of UK listing rules to tempt tech firms into listing in the capital, City A.M. understands.
Murria raises bid for M&C but is rebuffed again February 3, 2022 Tech tycoon Vin Murria has upped her bid for the listed advertising giant M&C Saatchi but is reportedly still facing a wave of pushback from M&C shareholders.
BlackRock ramps up ESG offer to help clients navigate net zero transition February 3, 2022 The world’s biggest asset manager BlackRock is planning to ramp up the amount of products and services it offers to help investors “navigate, drive and invent” the transition to net zero.
State-backed NatWest Group to dish out £300m in bonuses February 3, 2022 State-backed NatWest Group is set to dish out nearly £300m in bonuses as government prepares to begin dripping the lender back into majority private ownership this year.
Private equity market soars as dealmakers shrug off uncertainty February 3, 2022 Private equity dealmaking in the UK soared to record levels last year as dealmakers shrugged off pandemic and Brexit uncertainty, new data has revealed today.
BP snaps up stake in biofuels firm to accelerate shift away from diesel February 3, 2022 BP has snapped up a major stake in the UK’s largest provider of low-emission hydrogenated vegetable oil (HVO) fuels as it looks to accelerate the transition away diesel usage in transport. The British energy giant has taken a 30 per cent stake in Green Biofuels, and will now work with the firm to spur growth [...]
