Coutts CEO: When time is money, why we spent it on becoming a certified B Corporation bank September 21, 2021 Coutts recently became the largest UK private bank and wealth manager to become a B Corp. It has taken a lot of people and a lot of work over the last two years to get through the stringent scrutiny and analysis by B Lab UK required for certification. But time is often equated with money [...]
Editorial: The energy cap can’t go right now – but free markets have better answers September 21, 2021 It is not, perhaps, the best time to argue for free markets and open competition in the energy market. Analysts are anticipating that the increase in the wholesale price of natural gas will see a host of firms wiped out; their economics are simply unworkable. The only thing protecting consumers from spiralling energy prices, then, [...]
Britain needs to sober up from our addiction to gas September 21, 2021 This will be a winter where energy prices seldom stay out of the news. With the combination of cracks appearing in our creaking electricity system, record global gas prices, and the largest overnight benefits cut in history risk colliding in a way that piles yet more pressure on families already struggling. In the short term, [...]
MarketFinance raises £280m and enrols as UK Covid recovery lender September 21, 2021 Business lender MarketFinance is gearing up to provide loans to UK businesses as they recover and grow post-pandemic through the government’s Recovery Loan Scheme (RLS), after raising £280m debt and equity in its latest fundraising round. The British fintech, which hit profitability in March, was one of the first fintechs after Funding Circle to be [...]
Blackstone to create 2,700 UK jobs with £850m investment September 20, 2021 Blackstone owned BioMed Realty plans to announce a £850m investment in the UK at a reception hosted by Boris Johnson while on a State visit to the US. The Prime Minister will tomorrow meet representatives from a number of American companies which invest in the UK, including Blackstone, the parent company of BioMed Realty. The [...]
Cardano promises ‘industry-defining announcements’ at its biggest ever summit September 20, 2021 Cardano says it will make some 'industry defining' announcements at its summit this weekend.
Government’s trade export finance numbers were fudged, says panel of MPs September 20, 2021 MPs on the Commons’ international trade committee have accused the government’s export credit agency of exaggerating the number of UK businesses it supported in the last year. UK Export Finance (UKEF) directly helped a “significantly lower” number of companies than its “headline figure of 549 business supported” in the 2020-21 financial year, the committee found. [...]
Gunpowder Milkshake – Karen Gillan’s action comedy is great fun September 20, 2021 While she may be better known as a supporting player in the Jumanji and Marvel franchises, Karen Gillan has offered some impressive lead performances on the big screen. She impressed as the director and star of 2018’s overlooked drama The Party’s Just Beginning, and in the David Dastmalchian-written All Creatures Here Below. This week, she [...]
Markets: FTSE 100 slumps to near three-month low September 20, 2021 The FTSE 100 index dipped 0.86 per cent today, closing at 6,904, as financial stocks and mining companies were hammered. The capital’s premiere index fell to lows of 6,828, down 1.6 per cent compared to the previous close, as concerns about inflation spooked investors. Financial stocks led the declines with Prudential down 8.4 per cent [...]
Opinion: Why Derby County’s financial woes show that football is broken and needs fundamental change September 20, 2021 The unfolding disaster at Derby County should never have been allowed to happen, but sadly this is just the latest example of a game that has increasingly allowed itself to lose touch with reality. We have seen the collapse of FA Cup winners Bury and the demise of Macclesfield, while others, such as Wigan and [...]
