Finance News – U.K.
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BGF: Profit almost doubles at major UK investor
The Business Growth Fund experienced a significant increase in pre-tax earnings this year, rising to £131.1 million from £67.9 million in the previous year, driven by multiple succ...
Read Full Article →Musk’s xAI nears $9.3bn equity and debt deal
Despite recent personal controversies, the impending $9.3 billion financing arrangement for Musk's xAI highlights continued strong investor confidence and significant capital inflo...
Read Full Article →Thames Water creditors offer up £5bn as part of emergency turnaround plan
Thames Water’s creditors have proposed a substantial funding package intended to stabilize the company, but the regulator worries the plan may not reduce debt sufficiently to impro...
Read Full Article →Thames Water bosses were set for £18.5mn before outcry over bonuses
Creditors have proposed a rescue plan involving a £3 billion equity injection and a 20 percent reduction in loan values, highlighting significant financial restructuring efforts am...
Read Full Article →Thames Water preferred bidder KKR pulls out of rescue deal
The withdrawal of a major investment partner from Thames Water’s proposed recapitalization raises concerns about the company’s financial stability and may prompt government interve...
Read Full Article →Blow to Thames Water as KKR pulls out of equity raise
Thames Water’s efforts to secure funding and stabilize its financial position faced a setback when a major potential investor decided not to participate in the planned capital incr...
Read Full Article →Rolls-Royce now worth over £70bn as FTSE 100 shares climb
The company’s market value surpassed £70 billion for the first time, driven by a sustained increase in its stock price on the FTSE 100 index, reflecting renewed investor confidence...
Read Full Article →Why are Brits hoarding cash?
A substantial portion of British investors’ wealth remains in readily accessible cash, reflecting a preference for liquidity and perceived safety instead of pursuing potentially hi...
Read Full Article →John Textor’s $2bn Eagle Football Holdings IPO filing ‘imminent’
John Textor is preparing to file for a public offering that could raise substantial capital, supporting a major debt and equity restructuring within his international football club...
Read Full Article →Japan-owned car battery maker secures £1bn to build second Sunderland gigafactory
AESC’s £1 billion investment in a new Sunderland battery facility, supported by significant government and private funding, aims to boost local employment and strengthen supply for...
Read Full Article →London Stock Exchange Group: Equity arm continues to lose relevance
London Stock Exchange Group's equity division faces decreasing significance amid challenges in attracting initial public offerings, although its market segment has shown notable gr...
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