Hedge funds to end 2021 with positive inflows for the first time since 2018 December 15, 2021 Global hedge funds are poised to achieve positive inflows for the first time in three years, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.
Saracens’ European game with Pau off due to positive Covid-19 tests December 15, 2021 Saracens’ upcoming European Challenge Cup game against French side Pau has been called off due to a series of positive cases in the London club’s camp. Saracens, recently promoted back to the Premiership, were huge favourites for this competition before it began last weekend. In a statement, Saracens said: “Saracens can confirm that the club [...]
Barclays to pump record £30m into WSL and women’s UK sport December 15, 2021 Banking giant Barclays are set to double their investment in Women’s football as they extend their sponsorship deal to include the Women’s Championship. The deal will begin from the 2022-23 season and run through to 2025, and will see Barclays pump £30m into the women’s game. Sasha Wiggins, Barclays Group head of public policy and [...]
City Moves: Who’s switching jobs in the Square Mile today? December 9, 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. UHY Hacker Young Accountancy group UHY Hacker Young has bolstered its London office with a new research and development (R&D) tax partner. Joining from East Midlands firm Duncan & Toplis, Kevin Edwards is set to advise on [...]
UK exports to provide £176bn boost despite supply chain challenges December 9, 2021 UK manufacturing exports will bring in £176bn to the domestic economy, according to new research from financial giant Barclays.
Eight in ten London businesses plan to hire more staff next year with turnover to increase December 6, 2021 Entrepreneurs in the UK predict strong business growth of 37 per cent for next year, as new research highlights support that could help unlock further growth for early stage businesses. Fifty-eight per cent anticipate an increase in turnover in the next year, with the South West (72 per cent) the most optimistic region, followed by [...]
Women’s football was once banned but now it is a beacon of possibility December 5, 2021 Though 40,000 plus fans will celebrate Women’s sport at today’s FA Cup final between Arsenal and Chelsea, there’s a darker occasion being marked at the weekend – the 100-year anniversary of women’s football being banned in England. “Essentially, the Football Association (FA) said that the game of football was ‘quite unsuitable for women’,” said Charlotte [...]
Telecom Italia is ‘close’ to picking advisers for £28bn KKR deal December 4, 2021 Telecom Italia is close to picking banks to advise it on a buyout offer approach from U.S. private equity group KKR and could even assign mandates this weekend, two sources said this morning.
Global banking bigwigs slapped with millions in fines for FX rigging December 2, 2021 Some of the world’s largest banks were today slapped with millions of pounds in fines for their role in rigging foreign exchange markets. HSBC, Barclays, Credit Suisse and NatWest were each reprimanded by the European Commission for having employees on their books that created a cartel that spiked currency markets. HSBC was hit with the [...]
New ‘purpose-built’ $1bn UK clearing bank launches in London November 30, 2021 London gets its second new clearing bank in 250 years today, as The Bank of London launches in the city to approve and process cross-border payments. Founded by Anthony Watson, a former chief information officer at both Nike and Barclays, The Bank of London is taking on the four banking giants HSBC, Lloyds Banking Group, [...]