French satellite company Eutelsat poised to snap up British rival OneWeb July 24, 2022 French satellite company Eutelsat is poised to buy British rival OneWeb in a deal which will see the UK brought together with French and Chinese governments as common shareholders.
Barclays takes stake in crypto firm Copper July 24, 2022 Barclays is snapping up a stake in the crypto firm advised by former chancellor Lord Hammond in a fresh funding round, according to reports today.
Investors urged to oust CMC Markets chair over boardroom diversity failings July 24, 2022 The world's largest shareholder group is urging investors to oust the chair of trading firm CMC Markets over a lack of female representation on its board.
LV faces backlash over potential payout to outgoing chief July 24, 2022 Insurance giant LV is facing backlash from members as it refuses to rule out a further bonus for controversial outgoing chief Mark Hartigan.
Hard-line immigration policy will ‘stifle’ growth in the capital, London firms warn Truss and Sunak July 24, 2022 A hard-line immigration policy risks tightening the labour market further and choking off economic growth in the capital, a top London business body has warned Tory leadership contenders.
Travel rebound buoying demand at Rolls-Royce, chief says July 24, 2022 The outgoing boss of Rolls-Royce Warren East said a rebound in air travel after covid was buoying demand at the jet-engine maker as he issued a bullish outlook for aviation in the face of a global recession.
EXCLUSIVE: Revolut’s UK risk and compliance chiefs quit in slew of senior resignations July 22, 2022 Revolut has been hit by a slew of resignations from its UK regulatory and compliance chiefs in the past weeks amid heightened tensions with regulators and delays to the firm’s banking licence, City A.M. has learned.
Trading platform IG notches record revenues as US arm booms July 21, 2022 Online trading platform IG reported record profits and revenues today after booming growth in its US division Tastytrade.
London Stock Exchange ready to ‘fight’ for Arm listing, says boss July 21, 2022 The boss of the London Stock Exchange said the bourse was willing to “fight” to win the listing of British chipmaker Arm today after reports its Japanese owner Softbank has downed tools on a London listing.
PensionBee eyes profits next year after boom in customers July 21, 2022 Pensions fintech PensionBee said it was on track to hit profitability by the end of 2023 today as it revealed it had boosted its invested customer base by 72 per cent on last year.
