London-listed firms face tougher fraud rules as watchdog prepares clampdown May 24, 2023 The bosses of London-listed firms are facing tougher scrutiny on fraud and financial reporting from 2025 after Britain's corporate governance watchdog proposed a slew of reforms today.
Londonmetric swoops on smaller rival in £200m takeover May 24, 2023 Shares in listed property vehicle CT Property Trust have rocketed today after the firm announced it had struck a £200m deal to sell itself to bigger rival Londonmetric.
FTSE 100: Sticky inflation figures spook markets as investors brace for rate hike pain May 24, 2023 London’s flagship index tumbled in early trading this morning as investors took fright at sticky inflation figures that could trigger further interest rate hikes this year.
Winklevoss twins warn UK not to ‘politicise’ crypto rules amid US regulators’ ‘warpath’ May 24, 2023 The Winklevoss twins have warned ministers not to “politicise” the UK’s crypto regime today as they launch a charm offensive in London amid a “warpath” from regulators in the US.
Leg up for UK listings as Labour backs £50bn pension ‘growth fund’ May 23, 2023 A Labour government would push pension funds to pump cash into UK start-ups and growth firms as part of plans to boost the City and keep homegrown firms in Britain, Rachel Reeves has said. Speaking in New York today, the shadow chancellor said her party aimed to rocket-launch investment in the UK by accelerating consolidation [...]
London AI firm bags $250m injection led by Qatari sovereign wealth fund May 23, 2023 A London-based artificial intelligence firm has announced a $250m cash injection led by the Qatari sovereign wealth fund today as investors rush to capitalise on a boom in AI technology.
Confirmed: Scandal-hit Home REIT calls in AEW and announces plans to offload properties May 23, 2023 Scandal-hit housing investor Home REIT has confirmed the appointment of property giant AEW as its new fund manager today and said it will now sell-off a slew of properties as it scrambles to stabilise its sprawling portfolio.
Do FTSE 100 bosses need more money? May 23, 2023 A debate is raging in the Square Mile over how much executives are paid - do UK firms need to pay more money to attract the best talent?
London Stock Exchange eyes world-first private stock exchange launch by next year May 23, 2023 The London Stock Exchange has said it could launch a world-first stock market for private companies as soon as next year as it looks to revive the fortunes of the Square Mile and stop a flood of firms leaving for New York.
‘We need to celebrate risk’: City minister pushes for Brits to embrace investment May 22, 2023 The City minister Andrew Griffith said today the UK needs to “celebrate risk” as he called for a sweeping culture change in the way the public approaches investment.
