EY plots leadership reshuffle after Big Four firm’s break-up plans scrapped May 15, 2023 EY is planning to alter the leadership team of its UK operations just weeks after it scrapped plans to break-up its audit and consulting business. The Big four accountancy firm’s UK managing partner Alison Kay, one of the top executives in Britain and a likely candidate for the role of boss, will move to a [...]
EU top body lifts economic growth forecast saying Europe dodged dreaded recession May 15, 2023 The European Union’s executive body has raised its economic growth forecast, saying Europe has dodged a winter recession that was feared amid an energy crisis. The outlook for the 20 countries using the euro currency improved to growth of 1.1 per cent this year from 0.9 per cent in the previous predictions in February, the [...]
Why Shapella looks like a game changer for Ethereum May 15, 2023 Dr Sreejith Das, CEO and co-founder of Attestant, explains why he believes Ethereum's Shapella upgrade is an important crypto milestone.
George Osborne to chair Italian investment firm Lingotto May 15, 2023 Lingotto Investment Management, backed by Italy's Agnelli family, has hired former Chancellor George Osborne and veteran fund manager James Anderson, the firm revealed on Monday.
Center Parcs put up for sale with owner Brookfield eyeing a £5bn price tag May 15, 2023 Center Parcs’ owner Brookfield has reportedly put the UK holiday resort up for sale. The Toronto-based private equity firm is hoping to fetch between £4bn and £5bn for the company, the Financial Times reported today. Center Parcs operates six major holiday villages in the UK and Ireland, in counties including Wiltshire, Cumbria and Bedfordshire. The [...]
Gold miner Newcrest backs $17.8bn takeover offer from rival Newmont May 15, 2023 Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp’s A$26.2 billion ($17.8 billion) takeover offer in one of the world’s largest buyouts so far this year. The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont’s gold output to nearly double its nearest [...]
Starmer defends plans to give EU citizens and 16-year-olds the vote despite election ‘rigging’ claims May 15, 2023 Sir Keir Starmer has indicated it is “common sense” to allow EU nationals who have worked for years in the UK to vote in a general election, as Labour considers extending the franchise. The Opposition leader said it “feels wrong” that people who have contributed to Britain’s economy and raised their children in the country [...]
Bitcoin gains a foothold after last week’s stumble May 15, 2023 The price of Bitcoin is trading firmly above $27k this morning, with Ethereum back up above the key level of $1.8k.
London pension fintech Smart gears up for deals after $95m funding injection May 15, 2023 London-based pensions fintech firm Smart said it was gearing up for a flurry of dealmaking today as it bagged a $95m funding round from a host of big name backers including New York based outfit Aquiline.
‘Welcome back!’: Sunak embraces Ukraine’s Zelensky as he visits UK in bid for more help to fight Russia May 15, 2023 The UK will provide Ukraine with air defence missiles and attack drones, Downing Street has announced, as Volodymyr Zelensky met Rishi Sunak at Chequers. In the latest leg of the Ukrainian president’s tour of western allies, Mr Zelensky said the two leaders would have “substantive negotiations” on the response to Russia’s invasion. Downing Street said [...]
