Slater & Gordon shakes up boardroom after setting out plans to split June 29, 2022 Slater & Gordon has said company chief executive David Whitmore will step down from his position, after setting out plans to split its business in two, with a view to separating its “essential” and “specialist” legal services segments. The law firm said Whitmore – who took up his CEO role in January 2018 – will [...]
DeFi-ing the rules: five opportunities and five risks of decentralised finance June 29, 2022 In the Star Wars universe, the Force is a mystic energy field generated by living beings that binds the galaxy together. The ability to wield the Force gives Jedi Knights their superhuman abilities, making them peacekeepers of the galaxy. But how powerful would the Jedi be if every ‘transaction’ that used the Force had to [...]
Fast growing UK firms shelve IPO plans amid market turbulence June 29, 2022 Fast growing UK firms are shelving plans for initial public offerings in droves as a looming recession and inflationary pressures batter public markets, a survey has revealed.
Short Bitcoin ETF launches after ‘enormous outflows’ led to crypto crash June 27, 2022 Data from CryptoCompare shows the price of Bitcoin was slowly recovering throughout last week, moving from around $20,000 to around $21,500.
KPMG strikes deal with Alteryx to boost data analytics capabilities June 16, 2022 KPMG entered into a “strategic alliance” with California tech firm Alteryx, as part of the accountancy firm’s push to boost its data analytics capabilities. The Big Four firms’ deal with the analytics automation firm will see KPMG push forward with plans to automate its own systems, while also giving it the means to help clients [...]
SoftBank lines up dual listing in London for Arm IPO June 15, 2022 SoftBank is lining up a London listing for some of its stake in British chipmaker Arm, in a turnaround from earlier plans to float the firm solely in New York, according to reports.
Woodside expands vision with new London listing and BHP merger June 6, 2022 Woodside has unveiled a secondary London listing, as it expands its business to new markets - with the firm backing gas through the transition.
GSK’s split healthcare division Haleon to list on London’s main market in July June 1, 2022 British pharmaceutical giant GlaxoSmithKline (GSK) has successfully split from its consumer healthcare division, which will list separately on the London Stock Exchange this summer. The division, now known as Haleon, will enter London’s main market on 18 July, GSK confirmed in a regulatory update today, as it awaits a response on its application to the [...]
Big Four accountancy firm EY considers floating advisory business on the stock exchange May 28, 2022 EY is considering listing its global advisory business on the stock market, as part of ambitious plans to separate out its audit operations to create two separate firms. The plan could see EY float its tax, consulting, and deals advice business on the stock exchange, as the firm considers breaking itself up to escape the [...]
FCA pushes for reform of London’s listing regime in an attempt to boost growth: ‘A radical set of changes’ May 26, 2022 The City watchdog has outlined plans to reshape the two-tier structure of the London Stock Exchange’s main market today in a bid to simplify listing rules and tempt more fast-growth tech firms to come to market. The Financial Conduct Authority revealed proposals to do-away with the current split between a higher “premium” tier of the [...]