Rival brokers FinnCap and Cenkos Securities merge to make City’s largest mid-tier investment bank March 23, 2023 Rival brokers FinnCap and Cenkos Securities have agreed an all-share merger which will create the City’s largest investment bank focusing on small cap growth companies. Together the combined company has expected revenue of more than £50m and over £20m on its balance sheet. Both companies’ shareholders will hold 50 per cent of the equity in [...]
Government announces overhaul of Consumer Credit Act to ‘keep pace with modern world’ June 16, 2022 The government has committed to a sweeping overhaul of the Consumer Credit Act today in a bid to modernise the framework for credit firms and shift more hands into the hands of regulators.
Government to fund insulation for middle-income earners to slash bills November 25, 2022 Plans to fund loft and cavity wall insulation, alongside smart heating controls, are set to be unveiled by Business Secretary Grant Shapps.
Thames Water taps shareholders for extra £750m in bid to avert collapse July 10, 2023 Debt-laden Thames Water has secured an extra £750m of equity funding from shareholders, as the firm races to avoid nationalisation.
A £300m planning application 249 times the length of War and Peace? Meet the man delivering the £9bn Lower Thames Crossing February 13, 2024 City AM sits down with the man delivering the £9bn Lower Thames Crossing, a project whose planning bid is the UK's longest ever.
Spring Budget 2024: What are business groups lobbying for? February 29, 2024 Firms up and down the UK are waiting in anticipation for Jeremy Hunt and the Treasury to reveal the contents of next week’s Spring Budget.
Bank of England interest rate cuts on a knife edge as wage growth comes in hot May 14, 2024 The figures are the first in a series of data releases that will determine whether the Bank of England is able to cut interest rates in June.
Ministers offer open banking boost with ‘smart data’ investment April 5, 2022 Ministers threw their weight behind the roll out of open banking technology yesterday as they confirmed a funding injection in the development of so-called ‘smart data’ in financial services.
The Notebook: Neil Bennett on Dubai’s past, present and future June 1, 2023 The Notebook is where interesting people say interesting things. Today, it’s Neil Bennett, global co-ceo of H/Advisors, a comms and advisory firm… Going green in the town that oil built I’m in Dubai for the launch of our new H/Advisors’ office here. We are focusing on sustainability communications as the city and the whole of [...]
KPMG restarts UK government contract bids August 8, 2022 KPMG has restarted competing for UK government contracts, after the Big Four accounting firm withdrew from public sector tenders last December, following a series of high-profile accounting scandals. The Big Four accountancy firm re-commenced bidding for UK public sector contracts in early-June, after it pulled out of competing for lucrative UK government contracts at the [...]