Next generation of investors: One in four students now own crypto June 8, 2021 With crypto fever once again making headlines in recent weeks, it seems that students are increasingly jumping on the digital currency bandwagon. A study of over 24,000 UK students, conducted by student website UNiDAYS, found that 24 per cent now own some form of the digital asset, with a further third intending to buy within some the next [...]
Domestic M&A retreats in first quarter after dealmaking wave at the end of 2020 June 8, 2021 Domestic UK M&A fell in the first quarter of 2021 after a flurry of dealmaking towards the end of 2020. During the first quarter, domestic M&A – where UK companies acquire other UK companies – was worth £3.8bn, a decrease of £5.3bn from the previous quarter last year, according to figures published by the Office [...]
Millennial savings app Plum moves into pensions June 8, 2021 The popular savings app which has turned to TikTok to lure young investors is now turning its attention to retirement savings. Plum, which launched in 2017, is rivaling the cheap trading apps like Robinhood by moving into the investment space. It anticipated a growing interest among millennials around savings and investments with which has only [...]
First-time buyers: London’s most affordable and up and coming areas June 7, 2021 The property market has boomed over the past year, thanks to the stamp duty holiday which has given a lot of first-time buyers the opportunity to get their foot on the property ladder. Coupled with the introduction of the new government backed 5 per cent deposit scheme, designed to help home buyers, the market is [...]
Private equity giant CVC in talks to invest in OneTennis, a proposed merger between of the men’s ATP Tour and women’s WTA Tour June 7, 2021 CVC Capital Partners is in talks to buy a stake in a proposed new entity that combines the men’s and women’s tennis tours, according to reports. OneTennis would unify the ATP Tour and WTA Tour under one organisation, with CVC taking a minority shareholding in the new commercial vehicle. Approval for the merger could come [...]
Anonymous say video message to Elon Musk over Bitcoin meddling isn’t theirs June 7, 2021 Guerrilla hacking group Anonymous has denied it was behind a public warning to Elon Musk over his Bitcoin tweets.
Avoiding the great resignation will require some creative thinking June 7, 2021 They’re calling it “The Great Resignation” – the fear of a tsunami of departures from City firms as battalions of workers change jobs post-pandemic. One survey suggested that as many as 40 per cent of employees are considering moving on in the next six to twelve months. Some say they just can’t stomach the anxiety [...]
Kevin De Bruyne named PFA Player of the Year for the second year running June 6, 2021 Kevin De Bruyne has been named men’s PFA Players’ Player of the Year for the second consecutive year. Manchester City team-mate Phil Foden won the men’s PFA Young Player of the Year award. Chelsea’s Fran Kirby was voted women’s PFA Players’ Player of the Year, while a third City player, Lauren Hemp, won the women’s [...]
Super League debacle shows value of putting purpose at heart of “building back better” June 6, 2021 When the London-based family investment firm I founded, Man Capital, recently acquired Right to Dream, a global football group that includes a premier league club in Denmark and a network of football academies in Europe and Africa, I was asked what kind of a “return” we would be seeking for this “investment”. The framing of [...]
London Concours 2021: The rarest and most valuable cars June 5, 2021 We reveal some of the finest cars you’ll find on the manicured lawns of the Honourable Artillery Company in London this month.