JCDecaux marks 10 years of Nurture at London Stock Exchange after supporting 500+ UK growth businesses
London fintech Marketinvoice lands £56m in funding from Barclays and Santander January 21, 2019 London-based fintech business lender Marketinvoice has today closed a £56m round made up of equity and debt funding, led by Barclays and Santander's venture arm Innoventures. The series B-stage equity funding, which amounted to £26m, also received significant participation from European venture capital firm Northzone, which has previously backed the likes of Spotify, Trustpilot and fellow fintech lender Zopa. [...]
Employers to boost graduate jobs by record nine per cent in 2019 despite Brexit concerns January 21, 2019 The UK’s top employers are set to boost graduate jobs by a record nine per cent this year despite growing uncertainty over Brexit. The country’s leading 100 graduate employers have indicated a surge in recruitment could be on the horizon in 2019, according to a report conducted by research firm High Fliers. It comes after [...]
Case alleging Libor-rigging launched against raft of major banks January 20, 2019 A string of major banks have been accused of rigging the Libor benchmark again, five years on from a major scandal. A class action has been filed in the US against banks such as the Royal Bank of Scotland, Barclays, Lloyds Banking Group, HSBC, UBS, Bank of America, Citi and Deutsche Bank. The action, which [...]
Everyman cinemas on track as punters flock to picture palace January 17, 2019 Cinema chain Everyman Media today reported 2018 trading in line with expectations as it eyes a series of new openings. The boutique cinema group, which currently operates 26 venues across the country, said trading for the 52 weeks to 3 January was on track to hit forecasts. Read more: Chinese cinemas show bumper profits, but growth slows [...]
Hammond tells business chiefs no deal could be ‘taken off the table’ on leaked conference call January 17, 2019 Chancellor Philip Hammond has told business chiefs a no deal Brexit could be “taken off the table” and Article 50 rescinded, according to a leaked conference call transcript. In a conversation with 11 business leaders after Theresa May’s deal was defeated in parliament on Tuesday night, Hammond said the result led to two issues. Firstly, [...]
Business titans tell ministers ‘next six months are critical’ in post-Brexit vote conference call January 16, 2019 Some of the UK’s highest-flying executives reportedly lashed out at the government after its historic defeat on Theresa May’s Brexit deal in parliament yesterday. The bosses of Balfour Beatty, Amazon and Tesco confronted cabinet members who failed to rule out a no-deal Brexit following the government’s massive defeat in a heated conference call immediately after [...]
Euribor traders gamed the financial system for personal gain, court told January 15, 2019 Three former Barclays employees who are on trial for allegedly rigging the Euribor interest rate were part of an “elite” group of traders who gamed the financial system for personal gain, a court has heard. James Waddington QC, representing the Serious Fraud Office (SFO), told Southwark Crown Court that Sisse Bohart, 41, Carlo Palombo, 40, [...]
Italy attracts strong demand for first new bond of the year January 15, 2019 Italy’s first major bond issue of the year has attracted more than €30bn (£26.7bn) of orders as investors showed renewed appetite for long-dated Italian debt. The new 15-year bond, due March 2035, sold through a syndicate of banks is expected to be priced at 18 basis points over its existing benchmark yield, according to Refinitiv. [...]
City moves for 15 January – who’s switching jobs at Leathwaite, Blend Network and Quantexa? January 15, 2019 Who’s on the move? Leathwaite Leathwaite, the global human capital specialist firm, announces that Dena Brumpton is to join its board as a non-executive director. With over 30 years’ experience as a senior financial services professional, most recently as chief executive for Barclays savings, investments and wealth management, Dena Brumpton is regarded as one of the [...]
Carillion one year on: Government outsourcers are still struggling with growing debt piles January 15, 2019 On the anniversary of Carillion’s collapse, government outsourcers are still reporting ballooning debt levels as they try to balance the books. Kier Group, Interserve, Serco, Sodexo and Sopra Steria, who are all on the government’s list of strategic suppliers for 2019, have taken on hundreds of millions of pounds worth of debt in the last [...]