‘Philanthropy powers progress’: Cancer Research UK urges business to play part in tackling global killer February 22, 2024 A coalition of scientists including three Nobel Prize winners teamed up with Cancer Research UK urging leading business figures to back their campaign for a cure.
Direct investment platforms: Sales drop off as new competitor surges into the field February 22, 2024 Sales on direct investment platforms trended downwards last year but still remained strong, as a new competitor to the market has surged into the field. Total direct market assets totalled £320bn last year, with £10.7bn of net new money coming in, data from Fundscape revealed. The £10.7bn in net flows was down 12.2 per cent [...]
Over 60 MPs call for Sir Lindsay Hoyle to quit as Speaker over Gaza vote February 22, 2024 Over 60 MPs have called for Sir Lindsay Hoyle to resign as Speaker of the House of Commons following a row over votes on an Israel-Gaza ceasefire.
The Power of Capitalism: China’s growth is a case study in market forces February 22, 2024 Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is The Power of Capitalism. In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted billions out of poverty. Today he writes on China. For millennia, China suffered famine after famine. As recently as [...]
Gilts opened up to retail investors as Treasury seeks new sources of demand February 22, 2024 The changes will allow retail investors to participate in the auctions for the first time, meaning investors can benefit from the slightly discounted prices attached to new bonds.
Coca-Cola HBC buys vending machine firm BDS to grow in Ireland February 22, 2024 Coca-Cola HBC, the European bottling partner of Coca-Cola, has acquired Irish vending machine group BDS Vending Solutions. Founded in 1993, BDS Vending has around 2,000 vending machines spread across Ireland. The firm is headquartered in Dublin, but also has operational centres across Belfast, Cork, Galway, Limerick, Sligo and Wexford. BDS founders David Mullan and Brian Berry have [...]
Lombard Odier called in to build £5bn ESG fund for UK pension savers February 22, 2024 One of the UK’s biggest pension schemes has called in Lombard Odier to build a £5bn ESG fund to pump into companies tackling climate and social issues.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Tortilla Mexican Grill says adios to long serving chief February 22, 2024 One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill, has announced the departure of its long-serving boss and their successor.
Recession ‘already over’ as economic activity picks up again but inflationary pressures grow February 22, 2024 Figures out last week confirmed that the UK slipped into a shallow recession in the second half of last year.
