Liontrust continues to struggle with investor outflows despite positive fund returns April 17, 2024 Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in outflows during the first quarter of 2024. Despite the massive withdrawals, the company’s assets under management stayed flat during the quarter at £27.8bn. A total [...]
AIM: Another firm bails out of listed status due to £250,000 admin costs April 17, 2024 Scirocco, an AIM-listed operation, will delist due to high admin costs and what it describes as limited flexibility on the public markets
March inflation comes in higher than expected at 3.2 per cent April 17, 2024 Inflation has fallen from a peak of over 11 per cent in autumn 2022, but the Bank will want to see further progress on services inflation and wage growth.
OKX launches its Base rival “X Layer” April 17, 2024 Last cycle, all eyes were on the centralised exchange Binance. Law enforcement agencies had yet to launch any attacks and its founder, Changpeng Zhao, was also still at the helm. But, even after its battles with regulators, according to The Block's data, the exchange still maintains over 40% spot trading volume dominance. However, its own chain, Binance Smart Chain, is quickly losing its dominance.
Taylor Swift fans lose £1m to ticket scams, Lloyds finds amid ‘urgent warning’ April 17, 2024 Lloyds Bank has issued an "urgent warning" to customers over a wave of ticket scams targeted at Taylor Swift fans, which it estimated has already cost Brits £1m.
Exclusive: Business backs Labour, new polling of UK bosses says April 17, 2024 UK firms have backed Labour with a 14-point lead over the Conservatives on the question of which party is best for business.
UK failing to fight ‘dirty money epidemic’ costing £350bn a year, MPs warn April 17, 2024 The UK is “utterly failing” to fight the “dirty money epidemic” that is costing £350bn a year, MPs have warned.
Labour must fund regulators or UK fintech could ‘falter’, Tony Blair’s think tank warns April 17, 2024 A potential future Labour government must pump more cash into financial regulators or else the UK's fintech sector could decline, Tony Blair’s think tank has warned.
Starmer’s most exciting policy may not be the one that garners any votes April 17, 2024 While Labour's devolution plans alone won't pull in the votes, giving the public a bit more of a say over what happens in their neighbourhoods can only be a good thing, Jessica Frank-Keyes writes
Listed company TClarke behind Theatreland’s stage lights to go private April 17, 2024 TClarke, the London-headquartered firm which powered the world’s first electrically lit building - the Savoy Theatre - is to head into private hands.
