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Private equity: Are the doors to the most exclusive club in town finally opening?
Private equity has generated substantial returns over the past 25 years, attracting trillions of dollars and increasingly allowing broader access beyond its traditionally limited g...
Read Full Article →Business investment could be revived in ‘promising’ sign, BCC says
A prominent commercial organization forecasts a substantial increase in company spending this year, indicating a potential boost to productivity and economic expansion after years...
Read Full Article →Thames Water mess could soon swamp ministers – and taxpayers
The withdrawal of a major private equity firm from a £4 billion investment in Thames Water highlights increasing financial risks and potential burdens for government and public fun...
Read Full Article →Investec Champions Cup lands Emirates deal
The new partnership with Emirates Airlines is expected to bring significant financial support to the European Professional Club Rugby competitions, enhancing sponsorship revenue an...
Read Full Article →Britain’s trade deals mean nothing if we neglect our own industries
The effectiveness of international agreements depends heavily on the strength and competitiveness of a country’s local industries to fully realize potential economic benefits.
Read Full Article →Hinge: the dating app that wants you to log off
Hinge’s business model focuses on encouraging meaningful user interactions that lead to fewer app sessions, potentially reducing ad revenue but fostering long-term customer loyalty...
Read Full Article →British Steel braces for fresh Trump tariff blow
The British steel sector faces potential economic challenges as new American import duties may impact export costs, following uncertain confirmation regarding exemption status in r...
Read Full Article →Scottish Mortgage: City brokers back Baillie Gifford trust
The endorsement from multiple financial intermediaries contributed to a modest increase in the market value of the £12 billion investment entity managed by Baillie Gifford followin...
Read Full Article →Jupiter Asset Management launches its first hedge fund
Jupiter Asset Management’s introduction of its inaugural hedge fund targets high-net-worth investors, representing a strategic move to diversify its offerings and enter the substan...
Read Full Article →Nato to pressure UK to spend 3.5 per cent on defence
The UK is expected to increase its defence budget to 3.5 percent of GDP by 2035 under NATO's new guidelines, significantly raising government military expenditures beyond current p...
Read Full Article →Foreign companies drive £19bn M&A surge as UK firms ‘attractively valued’
In the first quarter, acquisitions by overseas investors significantly increased the total value of mergers and acquisitions involving UK businesses, reaching a peak not observed i...
Read Full Article →Bank of England: Battling wage growth and interest rate cuts
The Bank of England acknowledges that sustained increases in wages may hinder efforts to reduce inflation, potentially postponing planned reductions in borrowing costs intended to...
Read Full Article →US trade deal: Jonathan Reynolds questioned on Trump talks progress
Concerns have been raised about the current status of the UK-US trade agreement, highlighting uncertainties that may impact financial markets and international economic relations b...
Read Full Article →Deutsche Bank: £10bn of tax hikes coming in Autumn Budget
The upcoming Autumn Budget is anticipated to include substantial tax increases to address reduced fiscal flexibility caused by higher inflation and growing public expenditures.
Read Full Article →Thames Water: What next after KKR walks?
The unexpected withdrawal of a major investment firm has left the country’s biggest water provider facing increased financial uncertainty and the possibility of entering insolvency...
Read Full Article →Is June the time to buy Premium Bonds?
Premium Bonds offer the potential for tax-free prizes with values between £25 and £1 million, but their appeal depends on individual preferences compared to current savings account...
Read Full Article →Big Four giants eye AI assurance tools to tap in on client concerns
Major accounting firms are creating advanced audit technologies for artificial intelligence, aiming to address client worries while generating additional income through innovative...
Read Full Article →Environment secretary says Thames Water has ‘a number’ of options
The potential involvement of multiple investors in Thames Water highlights the company’s ongoing efforts to secure financial support following the withdrawal of a major private equ...
Read Full Article →Interflora returns to profit despite sales slip
Despite a decline in revenue, Interflora’s UK division achieved a pre-tax gain of £1.9 million in 2024, marking a significant turnaround from the previous year’s loss of £2.3 milli...
Read Full Article →Sweet success for biscuit giant behind Jammie Dodgers
The company owning popular biscuit brands reported substantial revenue growth exceeding £600 million, alongside job creation and a notable reduction in financial losses during its...
Read Full Article →MJ Gleeson: Shares plummet after profit warning as property market struggles
MJ Gleeson has projected a notable reduction in annual earnings, reflecting ongoing challenges in the UK housing sector and the impact of a failed land transaction in Yorkshire.
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 →British American Tobacco ups guidance on US return to growth
British American Tobacco's improved outlook reflects increased revenue potential in the US market, supported by growth in both smokeless products and a resurgence in traditional ci...
Read Full Article →Pennon Group: FTSE 250 water firm swings to loss after parasite scandal
Pennon Group reported a £35.1 million loss in the most recent fiscal year, reflecting financial challenges linked to the Brixham water supply issues but consistent with the company...
Read Full Article →Don’t rely on the FCA to stamp out toxic workplace culture
City executives are encouraged to take proactive measures in addressing harmful work environments rather than depending solely on regulatory authorities to enforce necessary change...
Read Full Article →JP Morgan launches risk-rated investment portfolios
JP Morgan's introduction of diversified portfolios aims to address income concerns among UK investors, potentially enhancing client satisfaction and expanding the firm’s market pre...
Read Full Article →Monzo: The rockstar fintech setting the City abuzz
Monzo’s recent financial report highlights its achievement of surpassing £1 billion in yearly revenue, underscoring its growing influence within the financial technology sector and...
Read Full Article →‘Stewardship shouldn’t feel like box-ticking’ – FRC chief
The FRC chief emphasized the intention to lessen regulatory requirements, aiming to improve financial oversight efficiency without creating unnecessary administrative tasks for com...
Read Full Article →UK small companies funds surge as government bonds sink
Investment in technology and smaller UK company sectors increased notably in May, outperforming government bond funds, which experienced declines due to volatility in the Treasury...
Read Full Article →Gambling ban could cut Premier League sponsorship income by 60 per cent
The potential restriction on gambling advertisements in the Premier League may lead to a substantial decline in sponsorship revenue, significantly impacting the financial stability...
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