London’s Actis tables $500m for Asia expansion as it branches out into Japan March 29, 2022 British investment firm Actis has branched out into Japan with a new office, as it expects to spend $500m (£382) over the next five years on its push into Asia. The London-headquartered private equity firm has unveiled a new Tokyo base, to double down on risk-return opportunities in the region. Actis, founded in 2004, also [...]
Integration of CeFi and DeFi now possible through Binance Bridge 2.0 March 29, 2022 Cryptocurrency exchange Binance has today launch Binance Bridge 2.0 - a tool which will allow users to quickly and securely bridge assets from any blockchain to the BNB Chain.
Wisdomtree launches Cardano, Solana and Polkadot ETPs across Europe March 29, 2022 Investment firm Wisdomtree has launched a swathe of exchange traded products (ETPs) in a sign that the European crypto market is flourishing.
Law firm price comparison sites could push smaller businesses out, Law Society says March 29, 2022 Law Society vice president Lubna Shuja has said regulators’ plans to push law firms onto price comparison sites could lead to big firms monopolising the market and pushing smaller firms aside. The solicitor warned that efforts to force law firms to appear on digital price comparison tools could result in law firms carrying higher costs, [...]
Average mortgage hits £235k as cost of living crunch threatens home ownership plans for many March 29, 2022 The total value of mortgages lent rocketed last month as buyers face more affordability roadblocks to home ownership. Some 70,933 mortgages were given the green light in February, compared to 73,841 in January, according to the Bank of England’s monthly money and credit figures. However, the total value lent rose (from £16.6bn to £16.7bn), meaning [...]
Political stasis on energy policy will throw us further into the Dark Ages March 29, 2022 The foundations of our energy policy in Britain have been thrown into the spotlight as countries around the world look to unwind their reliance on Russia. Reducing oil dependency is a step in the right direction. But as the human, environmental and geopolitical costs spiral, what the UK needs now is a decisive commitment towards [...]
Boris Johnson has not been given Met police fine over partygate, says Number 10 March 29, 2022 Boris Johnson will not be given one of 20 penalty notices the Metropolitan Police will hand out today over partygate, Number 10 has said. Johnson’s official spokesman told journalists that “we’ve said we will update if” the Prime Minister is found to have broken the law during the Met’s investigation. The Met announced today that [...]
Barclays investor offloads £900m and sends shares tumbling after securities slip up March 29, 2022 Shares in Barclays have plunged this morning as a major shareholder offloaded around £900m worth of shares, just one day after a slip up on securities selling saw it book a £450m hit.
Rishi Sunak under pressure over wife’s ‘blood money’ through family firm still operating in Russia March 29, 2022 Rishi Sunak has been criticised by a Ukrainian MP over his wife’s family firm – which is still operating in Russia. Akshata Murthy, who is married to the chancellor of the exchequer, has been accused of collecting millions in “blood money” dividends. Her estimated 0.91% stake in Infosys, which was founded by her father Narayana, [...]
Babcock to sell emergency aviation division as part of disposal programme March 29, 2022 UK Government contractor Babcock is reportedly in talks to sell its emergency aviation services as part of its disposal programme. The group is expected to sell the division to infrastructure investment manager Ancala Partners for around £100m, Sky News broke the news today. The UK Air Ambulance fleet is part of Babcock’s division but it [...]
