Investec expand rugby portfolio with SOHK kids tournaments March 28, 2025 Investec has strengthened its rugby portfolio, backing education inclusion charity School of Hard Knocks’ (SOHK) girls’ and boys’ spring rugby tournaments. The FTSE 250 bank, whose London office sits on Gresham Street in the Square Mile, featured at the tournament’s on 27 and 28 March at east London’s Eton Manor RFC. It added to their [...]
Rachel Reeves has already lost half of her £9.9bn headroom March 28, 2025 Chancellor Rachel Reeves has had £5bn wiped off her headroom less than 48 hours after she delivered her Spring Statement, a calculation by Bloomberg Economics has suggested. Chancellor Reeves has received several warnings from leading economists at the Office for Budget Responsibility (OBR) and the Institute for Fiscal Studies (IFS) that her headroom risks getting [...]
Private equity market bullish on resurgence in deals March 26, 2025 Private equity chiefs have become bullish for a surge in deals this year, in a rare piece of good news for the London Stock Exchange. When polled, 79 per cent of private equity general partners said they were expecting returns to rise this year, compared to just 24 per cent in 2024, data from Investec [...]
Rachel Reeves takes leaf out of gardening manual– but don’t expect flowery days to come March 24, 2025 Gardening is typically something career politicians only enjoy once they have retired. But Rachel Reeves appears to be paying homage to the green-fingered guru Alan Titchmarsh in the lead-up to her Spring Statement to be delivered this Wednesday. In one video viewed 111,000 times on Youtube, Titchmarsh offers a tutorial on how to get “free [...]
Investec Champions Cup Barometer: Quins lay down Leinster marker March 24, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: Harlequins, England Before the London derby between Harlequins and Saracens at [...]
Rathbones chief Paul Stockton retires March 20, 2025 Rathbones group chief executive Paul Stockton is set to retire from his role after six years in the job. Stockton, who has worked at the asset manager for the last 16 years, will step down from the firm at the end of September, the company’s said today. He will be succeeded by Jonathan Sorrell who [...]
Investec expects profit bounce in full-year results March 20, 2025 Investec has said it expects adjusted operating profit to be ahead of last year’s figures, coming in as high as £956m. In a trading statement, the FTSE 250 bank and wealth manager said adjusted operating profit for the year was forecast to come in between £888m and £956m, compared to last year’s figure of £884.5m. [...]
Investec Champions Cup Barometer: Itoje for British and Irish Lions captain? March 17, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Player of the week: Maro Itoje, Saracens For a long time no other name but [...]
Harmony Energy joins wave of investment trust buyouts March 17, 2025 Another investment trust looks set to be taken over by a private equity group amid a steep discount in share prices for UK trusts across the market. Harmony Energy Income Trust has been offered £190.8m by Foresight Group LLP, a private equity and infrastructure investment house, the trust announced today. The deal looks likely to [...]
Investec Champions Cup Barometer: La Rochelle versatility shows March 10, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Player of the week: Oscar Jegou, La Rochelle Sometimes the best players are the ones [...]