FCA: We’re moving at the ‘speed and precision’ of a Formula One team on London listing reform February 6, 2024 The FCA is delivering reforms to the UK's listing regime with the “speed and precision” of a Formula One team, a top FCA official has claimed
Spotify share price jumps on record subscriber numbers despite £64m loss February 6, 2024 Spotify shares surged eight per cent on Tuesday after the streamer said it has hit a new record number of subscribers.
Cut interest rates or risk ‘more profound’ impact on UK economy, Bank MPC member warns February 6, 2024 Swati Dhingra, the only member of the MPC to back a rate cut last week, warned that the Bank of England was "underplaying the downside risks".
Coca-Cola HBC follows McDonald’s in feeling the heat of Israel-Gaza war boycotts February 6, 2024 Shares in Coca Cola HBC edged down this morning amid warnings from analysts that the bottler of the iconic fizzy drink could be the latest to feel the financial pain of Pro-Palestntain boycotts.
Renishaw share price soars despite profit plunging for British manufacturer February 6, 2024 The firm added it had "undertaken a targeted mutually agreed severance scheme in the UK to allow employees to voluntarily leave the company"
Fund managers bullish on private equity in 2024 despite sector headwinds February 6, 2024 A key survey of private equity funds has found most managers are bullish for the year ahead despite the challenges facing the sector. In a study from Carne Group, which surveyed over 200 fund managers that collectively manage $1.6trn, private equity was selected by respondents as the most popular alternative investment. 28 per cent expected [...]
LSEG chief operating officer leaves for insurance broker February 6, 2024 A SENIOR London Stock Exchange Group exec is set to leave Paternoster Square for a new role in the insurance industry.
UK should ‘shout about the insurance industry a bit more’: Howden boss February 6, 2024 David Howden told City A.M. that insurance was a 'City success story' as his firm posted another set of strong financial results
EY warning: Higher interest rates could cost UK firms £25bn over next three years February 6, 2024 Luke Reeve, partner and head of debt advisory at EY, said the adjustment will be "untenable" for some.
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms February 6, 2024 The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed.