Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’ February 20, 2024 The head of Currys' largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors' proposed takeover offer of the retailer has “highlighted a wider problem with the UK equity market.”
Barclays embarks on biggest shake-up since financial crisis after difficult decade February 20, 2024 Barclays has sought to draw a line under a difficult decade with a marathon investor presentation laying out a three-year plan to restructure the bank.
‘Reinventing active management’: Why stock picking as we know it might be outdated February 20, 2024 Looking to “reinvent active management,” Mark Ellis, manager of the Nutshell Growth fund, has pushed back on the traditional way that fundpicking has been done. Following an intricate model that uses over 30 variables, the manager aims to provide a “hedge fund methodology” that retail investors can actually access. Ellis cited his perspective as a [...]
Heathrow: Abu Dhabi sovereign wealth fund reportedly in talks for stake alongside Saudi and Qatar February 20, 2024 The Abu Dhabi sovereign wealth fund is mulling an investment in London’s Heathrow Airport, it is being reported. The West London Hub could get new investors according a report in Bloomberg this afternoon, in a move that would bring the UAE together with Saudi and Qatari cash. The publication says the deal would include the [...]
Fiat warns government must reinstate electric car grants amid sales slowdown February 20, 2024 The government must reinstate its electric car grant to meet looming electric vehicle (EV) sales targets at the end of the decade, Fiat has warned.
Is the UK becoming a ‘challenging place’ to grow a business? February 20, 2024 According to a new report from Goldman Sachs's 10,000 Small Businesses UK Programme, the number of 'high growth businesses' — those actively growing both headcount and revenue — dropped from 39,000 in 2008 to 36,000 in 2022.
Guardian limits app articles, introduces paywall as losses grow February 20, 2024 Guardian readers will now only be able to access 20 free articles on the media company's app as it looks to boost falling revenues.
AJ Bell founder reportedly to chair JD Sports-backed sports supplement firm ahead of listing February 20, 2024 It will be his first role since leaving the company he founded 28 years ago. His appointment was understood to be solidified at a company AGM which took place today.
Great British Railways: Here’s what the draft bill to bring ‘track and train’ together will do February 20, 2024 The government has today unveiled its draft bill for reforming Britain's beleaguered railway network through a state-owned unifying body.
Domino’s shares spike as rating upgraded with potential for 360 more UK stores February 20, 2024 Shares in Domino’s Pizza were delivered a surprise boost this morning after analysts upgraded its rating on the stock, and encouraged the UK’s biggest pizza maker to expand.
