HSBC leads Sizewell C investment push as time ticks on final investment decision March 14, 2024 Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project. According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s [...]
Forged in victory: Ironwoman champion’s triathlon domination March 14, 2024 Despite no triathlon experience, Lucy Charles-Barclay threw herself in at the deep end of the toughest triathlon discipline of all – Ironman.
The Square Mile Comes Together for the Launch of City Giving Day 2024 March 14, 2024 The Lord Mayor of the City of London Alderman Professor Michael Mainelli and Lady Mayoress Elisabeth Mainelli hosted the Square Mile’s top businesses at Mansion House this week to launch City Giving Day 2024. A firmly fixed date in the Square Mile’s social calendar, the annual event hosted by The Lord Mayor’s Appeal, brings the [...]
Israel-Palestine Activism: A Turning Point for Financial Institutions? March 13, 2024 Since October 2023, campaigning on the Palestinian cause has skyrocketed. SIGWATCH data shows that the second most targeted industry, after the arms manufacturers themselves, was finance. Perhaps you’ve noticed some of the UK Barclays branches looking a bit worse for wear recently? If so, that’s most likely the handiwork of activist groups such as War [...]
Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging March 13, 2024 Both men were investigated and prosecuted by the Serious Fraud Office (SFO) along with others in the Eibor case.
Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group March 12, 2024 A consortium of News Corp, Daily Mail General Trust and Redbird IMI may alleviate mounting concerns over the Telegraph takeover.
Thames Water not included in £180m sewage cleanup plan. It has an £8bn bill instead March 11, 2024 It is understood the environment agency is disappointed that Thames Water did not make a fresh funding commitment, and was unable to accelerate investment.
Competition watchdog and Ofcom deliver results of probe into Abu Dhabi-backed Telegraph bid to media secretary March 11, 2024 The CMA has reported on jurisdictional and competition matters to the secretary of state, Lucy Frazer, who is also due to hear from Ofcom.
London Stock Exchange to list crypto derivatives for institutional investors March 11, 2024 The London Stock Exchange has said it will be accepting applications for crypto exchange-traded notes (ETNs), after the Financial Conduct Authority lifted its ban on the instruments for institutional investors. ETNs are similar to exchange-traded funds (ETFs), but they rely on unsecured debt securities issued by a bank, meaning that they do not directly hold [...]
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.