Bowmark Capital: It is a ‘very attractive time to invest in mid-market companies’ as firm raises £900m January 17, 2024 The latest fund from Bowmark Capital launched with a target of £800m, which was rapidly achieved in October 2023, with total commitments summing about 50 per cent larger than its predecessor.
Lloyds and Close Brothers shares drop as FCA motor finance review looms January 17, 2024 Shares in Lloyds Bank and Close Brothers extended losses on Wednesday as investors digest a surprise increase in inflation and analysts estimate the two firms could be rocked by a City watchdog review into motor finance.
Allianz loses appeal in Covid-19 business interruption case January 16, 2024 Allianz has lost an appeal in a major Covid-19 business interruption claim in a decision that looks set to close a chapter of major court battles linked to such disputes.
Nolli Waterman: Lions tour completes circle for women’s rugby January 16, 2024 England World Cup winning full-back Danielle ‘Nolli’ Waterman has hailed the announcement of a Lions Women’s team as a monumental step for the sport and a catalyst for change. The British and Irish Lions have a 136-year history of touring with a men’s team, but from 2027 a women’s outfit will set sail for New [...]
Soho’s beloved House of St Barnabas set for permanent closure with pandemic and ceiling collapse blamed January 16, 2024 The House of St Barnabas, a members' club and charity based on Soho Square, will be permanently closed according to an email sent to members today.
Cyber attacks top risks for UK firms in 2024 but spectre of natural disasters looms large January 16, 2024 The Allianz Risk Barometer has ranked cyber incidents as the biggest risk for businesses, both globally and in the UK, by companies of all sizes and over a range of sectors.
Morgan Stanley: Profit hit by $500m in one-time charges but investment bank shines January 16, 2024 Morgan Stanley's profit missed analysts' estimates in the fourth quarter as it was hit by more than $500m (£395m) in one-time charges which offset a stronger performance from its flagship investment bank.
London drivers hit hardest as UK car insurance costs rocket to record high January 16, 2024 UK car insurance costs increased the highest amount on record last year, according to a closely watched index.
Britain has little money left – and it needs politicians who are honest about that January 16, 2024 It may not be an easy vote winner, but Britain needs politicians who are honest about our fiscal reality, writes Adam Hawksbee.
City falls behind Europe as female appointments to top jobs slips dramatically January 15, 2024 City firms are facing calls for faster action on gender diversity after new figures showed the UK had slumped well behind European peers in appointing women to senior roles.