How will Mark Carney respond to the FTSE 100 sell-off? The shadow MPC votes to hold as market bets on May hike pull back February 7, 2018 Markets have dialled back their bets on a May rate hike from the Bank of England after the massive market sell-off at the start of the week, with Mark Carney due to make his first public statements since the turmoil tomorrow. Investors are currently pricing in a 37 per cent probability of a rate hike [...]
Health app startup Echo raises £7m series A from top VCs to take the hassle out of repeat prescriptions | City A.M. October 25, 2017 An app that aims to take the hassle out of getting repeat prescriptions has landed a fresh injection of cash from venture capitalists. Echo, a startup founded by former employees of Apple and Lloyds Pharmacy, has raised £7m in funding led by White Star Capital. Also participating in the series A round are MMC Ventures, [...]
Health app startup Echo raises £7m series A from top VCs to take the hassle out of repeat prescriptions | City A.M. October 25, 2017 An app that aims to take the hassle out of getting repeat prescriptions has landed a fresh injection of cash from venture capitalists. Echo, a startup founded by former employees of Apple and Lloyds Pharmacy, has raised £7m in funding led by White Star Capital. Also participating in the series A round are MMC Ventures, [...]
Wood Group completes £2.2bn takeover of Amec Foster Wheeler | City A.M. October 9, 2017 Wood Group has completed its merger with Amec Foster Wheeler, the FTSE-250-listed oilfield services firm announced today. The £2.2bn takeover had been held up by the Competition and Markets Authority, but the regulator waved the deal through in September after Amec Foster Wheeler agreed to sell some North Sea assets. The integration of the two [...]
Wood Group completes £2.2bn takeover of Amec Foster Wheeler | City A.M. October 9, 2017 Wood Group has completed its merger with Amec Foster Wheeler, the FTSE-250-listed oilfield services firm announced today. The £2.2bn takeover had been held up by the Competition and Markets Authority, but the regulator waved the deal through in September after Amec Foster Wheeler agreed to sell some North Sea assets. The integration of the two [...]
Wood Group completes £2.2bn takeover of Amec Foster Wheeler | City A.M. October 9, 2017 Wood Group has completed its merger with Amec Foster Wheeler, the FTSE-250-listed oilfield services firm announced today. The £2.2bn takeover had been held up by the Competition and Markets Authority, but the regulator waved the deal through in September after Amec Foster Wheeler agreed to sell some North Sea assets. The integration of the two [...]
Wood Group completes £2.2bn takeover of Amec Foster Wheeler October 9, 2017 Wood Group has completed its merger with Amec Foster Wheeler, the FTSE-250-listed oilfield services firm announced today. The £2.2bn takeover had been held up by the Competition and Markets Authority, but the regulator waved the deal through in September after Amec Foster Wheeler agreed to sell some North Sea assets. The integration of the two [...]
Bitcoin: A bet on a bubble about to burst? November 9, 2017 What is Bitcoin and should we trust it? Five years after the cryptocurrency first burst into the public consciousness, many are still asking this most fundamental question. Nevertheless this month Leo Melamed, chairman emeritus of the world’s largest futures and options exchange CME Group, predicted the cryptocurrency will go on to become a new asset [...]
Brexit transition deal needed “urgently” to avoid cliff edge warns European banks group January 22, 2018 Politicians on both sides of the Channel must “urgently” agree a Brexit transition deal to avoid a legal and regulatory cliff edge which would cause chaos for firms and threaten financial stability, according to a lobby group for Europe’s biggest banks. The Association for Financial Markets in Europe (Afme), which counts JP Morgan, Lloyds, and [...]
Deliveroo set to become unicorn with $385m investment September 23, 2017 Deliveroo has secured $385m (£285.3m) in new funding from two US firms. Stateside investors Fidelity and T. Rowe Price have agreed to put money into the UK-based start-up as part of a deal which values the company at over $2bn (£1.48bn), according to Sky News. The investment means rumours of a Deliveroo IPO are likely [...]