Finance News – U.K.
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Private equity baron Hands eyes voyage with Boatfolk marinas
Guy Hands’s private equity firm is considering acquiring Boatfolk, a major independent marina owner in the UK, potentially impacting investment dynamics within the maritime leisure...
Read Full Article →Losses continue at Simon Cowell’s talent agency YMU amid high-profile departures
The recent financial report reveals that the London-based talent agency experienced ongoing negative earnings during the timeframe surrounding its £60 million acquisition by Permir...
Read Full Article →Company insolvencies fall in England and Wales, in ‘glimmer of relief’; Trump blasts Fed board – bus...
Despite a recent decrease in the number of companies facing financial collapse, economic challenges like low consumer confidence and rising inflation continue to pressure business...
Read Full Article →Haven and Warner Hotels-owner plots break-up and sale
The parent company of two major hospitality brands is planning to separate its assets, leading to individual sales that could impact the financial landscape of the leisure and holi...
Read Full Article →BP agrees to sell US onshore wind business as it shifts back to oil
BP’s decision to divest its US onshore wind assets to LS Power reflects a strategic move to reallocate resources and supports its broader objective of liquidating $20 billion worth...
Read Full Article →BP offloads US onshore wind business as it pivots back to oil
BP’s sale of its US onshore wind assets to LS Power aims to raise substantial funds, supporting the company’s strategic shift towards traditional oil operations while strengthening...
Read Full Article →Festivalgoers help drive Burberry to best sales performance in 18 months
Increased demand for seasonal accessories among attendees of outdoor events contributed to Burberry’s improved quarterly revenue, resulting in a notable stock price increase despit...
Read Full Article →Gas flaring created 389m tonnes of carbon pollution last year, report finds
The excessive burning of natural gas during oil extraction released significant greenhouse gases last year, highlighting financial losses due to inefficient fuel use and inadequate...
Read Full Article →Mutual fund performance: a new way to pick a persistent winner
A recent study proposes the MMT model, which enhances fund selection by adjusting for benchmark distortions and comparing peer results, potentially leading to more reliable identif...
Read Full Article →Chess: Rachel Reeves announces £1.5m fund as London ChessFest attracts 20,000 visitors
The newly introduced £1.5 million fund aims to enhance the development of elite chess players, reflecting ongoing investment in the growing popularity and competitive strength demo...
Read Full Article →Crypto donations could entirely corrupt British politics. Labour must act quickly | Liam Byrne
The increasing use of cryptocurrency in political donations introduces financial complexities that challenge transparency, potentially enabling undisclosed funding sources to influ...
Read Full Article →Doctors strike: Streeting floats student loan write-off in BMA meeting
Wes Streeting proposed canceling medical graduates’ remaining student loan balances as a financial incentive to encourage the BMA to reconsider their upcoming strike action.
Read Full Article →Reckitt sells majority stake in Air Wick and Cillit Bang arm
Reckitt Benckiser's $4.8 billion deal with Advent International marks a significant capital shift as it streamlines operations while maintaining partial ownership in the essential...
Read Full Article →Burberry: Early signs of turnaround take shape
Burberry experienced a less severe decline in revenue than anticipated during the recent quarter, indicating initial progress under new leadership toward stabilizing the company’s...
Read Full Article →‘Keeping us hooked on fossil fuels’: how can we negotiate with autocracies on the climate crisis?
Negotiating climate policies involves addressing the economic interests of authoritarian regimes that significantly contribute to global emissions through their extensive fossil fu...
Read Full Article →Jaguar Land Rover delays launch of new Range Rover Electric
The postponement of new electric vehicle releases may impact Jaguar Land Rover’s revenue streams and market positioning as the company adjusts production timelines to better align...
Read Full Article →Regulators ‘appear unable’ to stop water firms acting unlawfully, MPs warn
MPs have highlighted concerns over inadequate oversight of water companies, emphasizing the need for stronger regulation to address questionable financial practices and protect inv...
Read Full Article →UK’s mid-sized firms at fastest growth since Labour elected
Recent analysis indicates that medium-sized companies in the UK are expanding rapidly, overcoming rising expenses, as their growth is viewed as crucial to the government’s broader...
Read Full Article →A new LISA life: why the lifetime ISA needs reform
The Lifetime ISA plays a role in supporting homeownership for young people, but its current structure has prompted scrutiny regarding its cost-effectiveness and overall impact on g...
Read Full Article →Businesses stand ready tackle long-term sickness – if only we let them
Rising rates of extended mental health-related absences pose challenges to workforce productivity and economic growth, highlighting the importance of employer involvement in suppor...
Read Full Article →Private-equity backed insurer CFC weighs London listing
The cyber insurance firm, supported by equity firms EQT and Vitruvian, is considering a public offering in London that could value the company at around five billion pounds.
Read Full Article →Buy now pay later firms to face tougher rules from next July
Starting next July, stricter regulations imposed by the Financial Conduct Authority are expected to impact the operations and financial practices of installment payment service pro...
Read Full Article →University of California fund ditches hedge funds with scathing rebuke
The university’s decision to eliminate alternative investments reflects a shift toward more traditional assets, aiming to reduce complexity and improve financial stability in their...
Read Full Article →US passes first major national crypto legislation
The new legislation represents a crucial development that could influence regulatory frameworks and investor confidence, potentially accelerating the integration of digital assets...
Read Full Article →Green mission aims to raise £1bn to bring nature into UK towns and cities
The project plans to invest substantial funds into urban green space improvements, starting with £15.5 million allocated to various initiatives across multiple UK towns and cities.
Read Full Article →New ‘buy now, pay later’ affordability checks may cover even smallest loans
The Financial Conduct Authority is introducing regulations that could require lenders to assess borrowers' ability to repay all buy now, pay later loans, potentially impacting the...
Read Full Article →Bridgepoint close to filling portfolio with £750m dentistry group
A prominent London-based private equity firm is nearing the completion of a substantial investment to acquire the largest provider of NHS dental care in the United Kingdom.
Read Full Article →Trump set to open US retirement market to crypto investments
The planned executive order aims to enable 401(k) plans to include a wider range of alternative assets, potentially impacting the retirement savings landscape by introducing crypto...
Read Full Article →Former HSBC trader has fraud conviction overturned
The overturning of Mark Johnson's fraud conviction may impact financial institutions' legal precedents and influence future cases involving trading regulations and accountability.
Read Full Article →Can Trump fire the chair of the US Federal Reserve?
The president's potential decisions regarding the Federal Reserve chair could impact financial markets and economic stability, as each choice involves varying degrees of uncertaint...
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