Melrose founders eye FTSE 100 spot for new listed buyout vehicle July 9, 2024 A slew of blue-chip investors are backing a new listed private equity vehicle from the founders of Melrose Industries that is due to float in London on Thursday.
Sir Nicholas Lyons to host secret pension summit in push to unlock £75bn investment July 9, 2024 Some of Britain’s biggest pension firms are set for a secret summit in the Square Mile this week to discuss how to pump billions of pounds of retirement cash into the country’s start-ups, City A.M. can reveal.
Smith & Nephew shares jump after activist investor Cevian takes stake July 4, 2024 The FTSE 100 firm's stock price rose as much as seven per cent in early trading, with Cevian taking a shareholding of just over five per cent.
Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market July 2, 2024 The chairman of Lloyd's of London has objected to plans for the building of a new Shard-scale skyscraper in the City of London
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
UK investors see India and tech funds smash June as climate strategies falter July 1, 2024 Ben Yearsley, director of Fairview Investing, described the Indian bounce as "slightly surprising" given the initial market panic initially after the election.
Aviva: We believe in the UK despite the ‘doom and gloom’ June 27, 2024 The UK's economic fundamentals remain attractive for business despite the "doom and gloom" that has plagued the country, Amanda Blanc has said.
Good news doesn’t last as UK funds return to the red June 24, 2024 Investors withdrew £1.3bn from UK funds throughout May, ending the month of strong performance that the sector saw in April.
Progress Together Hub June 21, 2024 Shaping Our Future Progress Together is a not-for-profit membership organisation working to improve socio-economic diversity at senior levels in UK financial services. People from working-class families are not being given opportunities for promotion within financial services. Progress Together’s 2023 report, ‘Shaping our Economy’, revealed that socio-economic background has a severe impact on career progression in [...]
Disney helps propel Excel London to year of record-breaking success June 19, 2024 Excel London, the UK's largest exhibition centre, has had a record-breaking year as a surge in visitors boosts its revenue to its highest level ever.