Impax posts rise in assets under management despite ESG exodus March 12, 2024 ESG-focused Impax Asset Management has reported an uptick in assets under management (AUM) as the wider sector grapples with higher outflows from sustainable funds.
Regional REIT weighs options as £50m bond deadline approaches March 12, 2024 The real estate investment trust has £50m in retail bonds set to mature in August, but fears that it is strapped for cash to pay them off have been rampant for months.
TP Icap stock surges 10 per cent on energy market boom March 12, 2024 TP Icap cited the "improved market activity across oil, power and gas," due to the disruptions caused by the war in Ukraine, which pushed up trading activity.
How do you know the economy’s in trouble? Pawnbrokers are doing well. March 12, 2024 The listed company said it raked in £26.4m before tax for 2019, up from £19m the previous year, marking a rise of 39 per cent.
Old Mutual expects up to 45 per cent jump in profit on ‘exceptional growth’ in new business March 12, 2024 Pan-African financial services group Old Mutual has said it saw profits surge as much as 45 per cent last year due to “exceptional growth” in new business.
Persimmon braces for ‘challenging year’ as company reports huge drop in house completions March 12, 2024 House builder Persimmon expects 2024 to be another “challenging year,” as elevated interest rates are continuing to bruise the sector.
Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
THORChain breaks volume records as Bitcoin passes $72,000 March 12, 2024 Yesterday, Bitcoin finally properly broke above its fabled $69,000 resistance with Michael Saylor FOMO'ing in his $800+ million from his convertible note offering. However, another protocol has also been making record highs. Last week, THORChain, the decentralised liquidity protocol, had record volumes of over $2.7 billion.
How I went from working at Nando’s to owning my own coffee business March 12, 2024 Wycliffe Sande spent seven years working a full-time job at Nando’s before (finally) turning his coffee roasting side hustle into a business. Now, the 40-year-old founder of Blue Turaco – a coffee brand with beans sourced directly from his home farmland in Uganda – smiles as he tells me the long days and sleepless nights [...]
London fintech Tide set to launch in Germany as it looks to grow international footprint March 12, 2024 The international push comes after rapid growth in the UK, where it now boasts around 575,000 small business clients, alongside over 200,000 from its Indian division.