Jack Dorsey’s Block snaps up buy-now pay-later firm Clearpay February 1, 2022 The payments giant headed up by twitter founder Jack Dorsey has snapped up buy-now pay-later firm Clearpay.
Former Which? boss in line for top FCA job February 1, 2022 The former boss of consumer group Which? is in line to take over as interim chairman of the Financial Conduct Authority in a sign that a permanent appointment is still some way off.
Downing street launches charm offensive to woo Klarna into London listing February 1, 2022 Downing Street is attempting to woo buy-now pay-later giant Klarna into a London-listing over fears that high-growth firms may snub the city for New York, according to reports.
Virgin Money reports steady growth despite mortgage and business lending slowdown February 1, 2022 Virgin Money has reported steady growth in the first three months of its financial year as both lending activity and deposits from existing customers saw an uptick. Deposits from existing customers rose 1.2 per cent to hit £31bn, despite overall deposits sliding two per cent to £65bn in the quarter. Unsecured lending from the group [...]
The charge of the activist investors February 1, 2022 Analyst investors have been on the charge in the UK, Charlie Conchie asks why.
Government readies pensions overhaul with digital dashboard consultation January 31, 2022 Government has outlined plans to overhaul savers’ access to pensions via a digital dashboard as it opened a consultation on new regulation today.
Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.
Growth fund Norrsken22 raises $200m to spur growth in African tech January 31, 2022 A tech fund backed by 30 ‘unicorn’ founders has today closed a $200m raise to seek out and spur growth in Africa’s future tech giants.
Virgin Media O2 owners raising fresh capital to supercharge fast fibre broadband roll out January 31, 2022 Virgin Media O2’s owners are looking to raise hundreds of millions of pounds from investors as the merged firm looks to ramp up investment into fibre broadband across the country.
Vodafone feels the pressure after activist investor Cevian builds a stake January 31, 2022 Voadafone is expected to speed up an organisational overhaul after it was revealed that a notorious activist investor had taken a stake in the firm.
