City slams FCA’s £90,000 rebrand plans as a ‘total waste of money’ June 26, 2024 News that the Financial Conduct Authority (FCA) has committed almost £90,000 to a “brand refresh” has left the Square Mile fuming, with one City figure describing it as a “total waste of money”.
Where next for Liontrust? June 26, 2024 Liontrust's annual results this morning were disappointing, as the asset manager reported it had fallen into the red.
Electrical supplier AO World sees profit skyrocket June 26, 2024 Shares in AO World have jumped after the white goods electrical supplier revealed its profit had surged during its latest financial year.
Alliance Trust and Witan Investment Trust agree to merge in sector’s largest deal to date June 26, 2024 Two massive investment trusts have agreed to the largest merger from the sector ever, as Witan investment trust is set to be rolled into Alliance trust.
Liontrust falls into red as performance fee revenue collapses June 26, 2024 Liontrust fell into the red this year after investors pulled over £6bn from its funds, up from the already brutal £4.8bn the year before.
Investors take punt on Labour despite some stock market concerns June 26, 2024 38 per cent of UK investors said they'd be voting Labour, compared to 23 per cent for the Conservatives, according to a survey conducted by Finimize.
City boss: Labour backs fintech, but must urge pension funds to invest more in Britain June 25, 2024 Labour are backing the UK fintech industry but could turbocharge the sector by pushing pension funds to invest in Britain, Tim Levene said.
Shein files papers for £52bn London listing – reports June 25, 2024 Shein has confidentially filed papers for an initial public offering on the London Stock Exchange, according to reports.
Good news doesn’t last as UK funds return to the red June 24, 2024 Investors withdrew £1.3bn from UK funds throughout May, ending the month of strong performance that the sector saw in April.
Magners Cider maker C&C pushed to go private by activist investor June 24, 2024 Magners Cider maker C&C Group has been targeted by activist investor Engine Capital, demanding a strategic review process that could lead to the business falling into private hands.
