Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Currensea: Travel card fintech smashes crowdfunding target in just four hours July 1, 2024 London fintech Currensea has smashed its online crowdfunding target after just four hours as the travel debit card company looks to pounce on a rebound in demand for overseas holidays.
San Carlo: Success continues at restaurant chain beloved by celebs including Rihanna and David Beckham July 1, 2024 Italian restaurant group San Carlo, whose celebrity fans include Rihanna, Russell Crowe, and David Beckham, has continued its post-pandemic comeback with its highest sales yet, according to newly-filed accounts.
Titanic shipbuilder Harland & Wolff suspends trading: How did we get here? July 1, 2024 The Belfast-based firm, which owns the shipyard that built the Titanic, said it had been in "ongoing discussions" with its auditors regarding the method of accounting for revenues in some of its contracts.
UK investors see India and tech funds smash June as climate strategies falter July 1, 2024 Ben Yearsley, director of Fairview Investing, described the Indian bounce as "slightly surprising" given the initial market panic initially after the election.
UK mortgage market still ‘precarious’ amid uncertainty over timing of interest rate cuts July 1, 2024 Tom Cuppello, director of risk at Broadstone, said the housing market's recovery remained "precarious" amid uncertainty over the timing of interest rate cuts.
How dual-class shares will help London attract tech IPOs July 1, 2024 The FCA has made plenty of mistakes, but they are right about dual class share structures — these will encourage new listings and tackle the London Stock Exchange’s persistent short-termism, says Daniel Valentine The Financial Conduct Authority is preparing reforms to the listing regime of the London Stock Market which have been described as “the [...]
Wattbike: Brand used by Manchester United and British Army expects ‘further losses’ as sales plummet July 1, 2024 Static bike brand Wattbike said it anticipates making "further losses" as a slump in turnover resulted in a "disappointing" year for the company.
Growth in UK manufacturing sector slows but continues to ‘recover solidly’ July 1, 2024 This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.
Ineos Energy favours US and Denmark expansion as Britain puts ‘pain’ on industry July 1, 2024 The chief executive of Ineos Energy has said the business will prioritise expansion in the US and Denmark over Britain, arguing that the country's politicians have put "pain" on the oil and gas sector.
