Monzo founder Blomfield fires parting shot at London as he packs bags for San Francisco May 25, 2023 Monzo founder Tom Blomfield has warned there are no quick fixes for London’s "very real" listings problem, in a parting blow to the capital as he packs his bags for the US.
Anne Boden to step down as chief of Starling as bank reports record profits May 25, 2023 The founder of Starling Bank, Anne Boden, has announced she will step down as chief executive of the firm at the end of June as the bank reported record profits in the year to March today.
AJ Bell profits surge 61 per cent as do-it-yourself investors shrug off volatility May 25, 2023 Retail investment platform AJ Bell said profits had rocketed 61 per cent in the first half of the year after a bump in the number of do-it-yourself investors using its platform.
Ukraine minister Oleksandr Gryban on how private investment can help rebuild the country May 25, 2023 Midway through last year, Ukrainian president Volodomyr Zelenskyy tabled a proposal to his finance lieutenants. Government support, both domestic and international, was flowing into the economy but the scale of economic damage wrought by Russia’s invasion needed a bigger remedy. The country needed an initiative to trigger the interest of the private sector: Advantage Ukraine was born.
Blackrock shrugs off climate activists at shareholder meeting May 24, 2023 The world’s biggest fund manager Blackrock has comfortably seen off a potential rebellion over its environmental, social and governance (ESG) policies today as the firm looks to take a passive role on climate issues.
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 [...]
