Plural launches £342m fund to target new ‘tech titans’ January 23, 2024 Venture platform Plural has launched a second fund aiming to raise €400m (£342.6m) for early stage ‘tech titans’. The firm, which began in June 2022, was founded by Wise co-founder Taavet Hinrikus, along with other entrepreneurs such as Songkick founder Ian Hogarth and angel investor Khaled Heloui. Over the last 18 months, the firm’s original [...]
Cost of London car insurance at highest ever: Here’s why and which part of the capital is the worst January 22, 2024 The cost of insuring a car in London has reached the highest level on record, with the capital the most expensive region in the country.
The Notebook: It’s time to regulate the regulators January 22, 2024 Where the City's movers and shakers have their say. This week, Lucy McNulty, editor of the Following the Rules podcast, takes the Notebook pen.
Moving markets today: What’s shaping the FTSE 100 this morning January 22, 2024 Japan's Nikkei hits a 34-year high, while China keeps lending rates steady. Earnings and central bank policy decisions are set to drive global stocks this week.
The top three threats facing companies in 2024 – and how to prepare January 19, 2024 With businesses facing a unique convergence of risks in 2024, Axa deputy chief executive officer Frédéric de Courtois looks at how to prepare.
Two Palestine activists arrested after they ‘sprayed paint and caused damage’ in City January 18, 2024 This comes after Kuehne+Nagel's cargo insurance firm was targeted yesterday, covered in red paint, over its alleged links to the Israeli military.
Time is up for supermarket challenger banks, analysts say January 18, 2024 Sainsbury's announced on Thursday morning that it would undertake a “phased withdrawal” from its banking business following a strategic review. There are no immediate changes for customers.
Sainsbury’s to shutter banking division in ‘food first’ strategy push January 18, 2024 Sainsbury's will undertake a "phased withdrawal" from its banking efforts, the supermarket giant confirmed this morning.
Mark Kleinman: Diamond merger shows mid-cap brokers need polish January 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Financial services still ‘old boys’ club’ where women ‘risk careers’ to report sexual harassment, MPs told January 17, 2024 Dozens of women have told MPs that the City's financial services sector remains an "old boys club" with inadequate systems for reporting sexual harassment, as part of the Treasury watchdog's investigation into sexism in the Square Mile.