Dealmakers League: Top M&A Investment Bankers & Lawyers in the UK April 18, 2023 By Datasite Who’s leading the pack in the UK among M&A investment bankers and lawyers? Datasite’s Dealmakers League, in partnership with MergerLinks, identifies the top M&A professionals, based on announced transactions they were involved in, across various regions, in 2022. In the UK, the top ten M&A investment bankers came from eight different firms, with [...]
Covid loan fraud: More than 450 company directors disqualified in crackdown April 18, 2023 More than 450 company directors have been disqualified in a crackdown on covid fraud claims. The Insolvency Service announced that 459 of the 932 disqualifications overall for fraud were related to the coronavirus financial support scheme, introduced during the pandemic to help businesses in lockdown. This comes after the organisation published its monthly figures for [...]
Insolvencies at ‘jaw dropping’ level as debt industry warns UK economy ‘is not out of the woods yet’ April 18, 2023 More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data that showed a 16 per cent increase on a year ago. The Insolvency Service reported 2,457 corporate insolvencies last month, up from 1,784 in February. The rate of companies falling into insolvency [...]
Artificial intelligence is transforming our music, starting with Kanye West April 18, 2023 Kanye West has never sung Hey There Delilah, yet there's his cover of the song online. It's been made using AI, and it's exemplary of how the technology is rocking the music industry, writes Elena Siniscalco
FTSE finance chiefs ditch UK recession bets as confidence rebounds sharply April 17, 2023 Money managers at Britain’s biggest companies have signalled a sharp increase in confidence in the UK economy, a closely watched survey out today shows, in a further sign the country is on course to dodge a recession. Chief financial officers of top UK corporates notched a net positive 25 per cent confidence rating in Deloitte’s [...]
Bitcoin dips below $30k and Ethereum trading flat in line with equities April 17, 2023 Bitcoin is trading close to equities as the SP500 (-0.21%) and Nasdaq (-0.31%) trade flat in the red over the same 24-hour period.
UK aviation industry will be grounded unless sustainability ‘gets more government support’ April 17, 2023 The UK aviation industry warned that economic opportunities created by sustainable aviation technology are at risk without targeted support. Sustainable Aviation, a coalition of aviation groups, claimed the UK risked losing an industry which is estimated to support 60,000 jobs and be worth £10bn in gross value added (GVA) benefits by 2050. The group today [...]
Aviva injects £150m into VC arm as it commits to funding more tech start ups April 17, 2023 Aviva has pumped a fresh £150m into its venture capital arm today as it looks to buck a funding slowdown and invest in firms that will add to its “customer journey”.
As The Perkcession Bites, What Workplace Benefits Are Important Now? April 17, 2023 With layoffs at Goldman Sachs, Morgan Stanley and Bank of New York Mellon racking up thousands of job cuts, those working in the financial services sector are understandably worried about contagion, and whether their own jobs will be safe. The collapse of Credit Suisse in March, and its subsequent rescue by rival UBS, as well [...]
‘A breath of fresh air’ vs ‘more to do’: What City grandees have to say about Sunak April 17, 2023 As Labour leader Sir Keir Starmer doesn’t tire of reminding voters: expertise beyond politics can be invaluable. For the current resident behind that most famous front door, it’s so far proved an advantage. Liz Truss’ accountancy background may not have aided her short-lived leadership bout, but – for the City’s boardrooms at least – her [...]