Brookfield taps up London team to expand hedge fund business into Europe January 24, 2022 Canadian investment giant Brookfield Asset Management is expanding its hedge fund footprint into Europe.
Law firms opt for M&As over listing in plans to grow in 2022 January 24, 2022 Almost half (47 per cent) of UK law firms are considering mergers and acquisitions, as they seek to expand their geographical footprints and scale up their businesses, according to a poll commissioned by M&A broker Acquira. In a poll of 100 law firms, 47 said they are currently planning a merger or acquisition, with small- [...]
Opinion-in-brief: Netflix says next episode please as shares plummet January 24, 2022 As Boris Johnson lifted Plan B restrictions last week, many rejoiced – but not Netflix. The streaming giant has reaped the rewards of people staying at home. But last week, Netflix’s shares plummeted 20 per cent as new subscriber numbers fell short of expectations. Another 18.2 million people signed up for the platform – roughly [...]
M&C Saatchi bats away top shareholder as ad giant aims for heftier offer January 24, 2022 Advertising group M&C Saatchi has rejected a fresh takeover approach from the acquisition vehicle of its top shareholder Vin Murria.
UK government to recruit 4,000 new magistrates in biggest court recruitment drive in 650 years January 24, 2022 The UK government is set to recruit 4,000 new magistrates from all sections of society, in a bid to make magistrates courts more representative and cut the court backlog built up during Covid-19. The Ministry of Justice (MoJ) said its plan to launch the largest recruitment drive in the Magistrates Courts’ 650-year long history could [...]
Computacenter expects profits to top £250m amid record order backlog January 24, 2022 British IT firm Computacenter expects pre-tax profits to exceed £250m for the full year amid strong demand for products and services.
AI-driven fintech MDOTM bets on game theory January 24, 2022 MDOTM, a London-based fintech providing AI-driven investment strategies, has acquired the team of Mercurius Betting Intelligence, a company specialized in betting models and sports prediction with artificial intelligence. Following the €6.2m (£5.1m) Series-B round raised in September 2021 – which brought MDOTM’s total funding to €8.2m – the agreement will incorporate Mercurius’ skills in AI [...]
City boom: Banks launch record recruitment drive… yes, despite Brexit January 24, 2022 The City’s banking jobs market is booming in a sign that London is scuppering bets laid on Brexit hitting its attractiveness, reveals a fresh study released today. UK banks have never been looking to hire this many staff, with vacancies in the sector skyrocketing 129 per cent over the last year, according to research carried [...]
London has bounced back before and it will do again as Covid-19 rules are dropped January 24, 2022 After a tough economic winter, the lifting of the Government’s Plan B restrictions is a much-needed boost for many Square Mile businesses that rely on footfall traffic from neighbouring offices. These businesses have faced exceptionally difficult trading conditions during the pandemic, with the reintroduction of guidance to work from home last month yet another disappointment. [...]
Amigo Loans shares slide 40 per cent as lender warns of insolvency risk January 24, 2022 Amigo Loans has warned the company will collapse if a new scheme to pay back customers and restart lending is not approved.
