Seraphim injects $12.5m into Tokyo’s space debris pioneer Astroscale November 25, 2021 London-listed Seraphim Space Investment Trust has injected $12.5m into Tokyo-headquartered Astroscale, as the blossoming space sector takes hold internationally. The Japanese space-tech firm also recently snagged $109m in a series F funding round. With billionaire entrepreneurs pinning their next ventures on what lies beyond Earth – the market has become more financially accessible to smaller, [...]
City Moves: Who’s switching jobs in the Square Mile today? November 25, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Deloitte Deloitte’s Financial Advisory practice has hired a new partner in its Financial Institutions Group (FIG) Corporate Finance M&A Group, to help offer advisory services to banking clients. Joining from investment bank Alantra after beginning his career at Lloyds [...]
Hochschild Mining stock price recovers after proposed ban from Peru November 25, 2021 Hochschild Mining investors rejoice following confirmation that the mining firm will be able to continue its operations in Peru, pushing its stock price up more than 14 per cent. The London-listed miner was facing a ban from southern Ayacucho, Pallancata and Inmaculada at the beginning of the week, after the Peruvian head of cabinet indicated that [...]
Britvic shareholders enjoy dividend boost, despite revenue dip November 24, 2021 Robinsons and Tango owner Britvic reported a slight dip in revenue this morning, though the consumer goods group noted positive growth in the UK. Revenue slipped 0.5 per cent to £1.4bn in its preliminary full year results today. While profit after tax jumped more than nine per cent to £103.2m in the 12 months to [...]
Just one per cent of Brits hail COP26 a success, as climate becomes UK’s top concern November 24, 2021 Just one per cent of Brits have hailed COP26 as a ‘big success’, as climate change becomes the UK’s top concern, according to new research. Nearly 30 per cent of those surveyed said that the UN’s landmark climate conference was a failure, after hopes of ending fossil fuel use were scuppered at the final inning. [...]
One in four Brits admit to at least one rule-breaking activity during isolation November 24, 2021 One in four people carry out at least one Covid-19 rule-breaking activity while self-isolating, according to new data today. Around 25 per cent of surveyed Brits admitted to leaving their homes or having visitors for reasons that go against the pandemic measures. However, the majority of people who tested positive for Covid-19 in the first [...]
WHO cautions European Covid-19 cases as booster jabs make UK ‘safer’ than continent November 24, 2021 The UK’s booster programme has made the country “safer” than the rest of Europe, deputy prime minister Dominic Raab has said. His comments come as administered booster jabs pass 15.5m, as the NHS braces for what is expected to be a tough winter. “We are far more protected going into these cold months – and [...]
Met reviews 300 sexual misconduct cases against officers as it hauls in 50 investigators November 23, 2021 The Metropolitan police has hauled in 50 new investigators to help with the force’s bid to rebuild trust in London amid an internal review of around 300 cases of sexual misconduct allegations. It was revealed last month that the force had 530 sexual misconduct allegations against it, from the past five years alone, according to [...]
Investment giant duo plot takeover of Bridgepoint-owned Element Materials November 23, 2021 Private equity firm Cinven and a Canadian pension giant are reportedly in talks for a joint bid for Bridgepoint-owned Element Materials Technology. The discussions between the private equity firm and Canada Pension Plan Investment Board (CPPIB) are still in the preliminary stages, Sky News’ Mark Kleinman first reported. Element, which offers testing services for materials [...]
Covid-19 global pandemic to be ‘regional epidemic’ by next year, says AstraZeneca boss November 23, 2021 AstraZeneca boss Pascal Soriot said that he expects the global Covid-19 pandemic to become a regional epidemic by next year, after the pharmaceutical giant decided to start profiting from its vaccine. The chief executive of the pharmaceutical giant told Sky News that by 2022, “essentially most of the world at that point will be in [...]