Impact A.M. Awards: ESG excellence takes centre stage on glittering night December 18, 2023 Impact A.M. was founded to celebrate the best and the brightest within the business community who are putting environmental, social and governance issues at the top of the agenda.
Ukrainian delegation begins ceasefire talks with Kremlin officials February 28, 2022 Ukrainian government officials have arrived at the Belarus border for ceasefire talks with the Russian government, after four days of intense fighting across the country. The talks are reported to have began just after 9am GMT, with both sides agreeing to meet without “preconditions”. Ukrainian defence minister Oleksii Reznikov was seen arriving to the negotiations [...]
Wise exec: London tech scene already at ‘critical mass’ despite Brexit July 5, 2021 A senior exec at London fintech darling Wise has said Brexit “won’t get in the way” of the capital’s tech ecosystem continuing to thrive. Speaking on City A.M.’s podcast, the firm’s Chief Financial Officer Matt Briers said that while many elements including recruiting have become “harder,” the tech climate is “already at critical mass.” Read [...]
CMA to probe S&P Global’s £33bn takeover of IHS August 23, 2021 The Competition and Markets Authority (CMA) has just announced the launch of an inquiry into S&P Global’s £33bn takeover of IHS Markit Ltd. The CMA gave notice today that it plans to investigate the anticipated merger between credit ratings giant S&P Global and IHS Markit. The deadline for its decision on whether the merger is [...]
Steel can power UK’s energy ambitions, says Severfield boss June 15, 2022 Steel has a vital role in boosting energy infrastructure and help power the transition to a greener economy, argued Severfield's boss.
Treasury and LSE call on EU for more co-operation on financial services post-Brexit June 15, 2021 The Treasury has called on the EU to engage more deeply with the UK government on the future of financial services post-Brexit. Katharine Braddick, the Treasury’s director of financial services, said today that both parties need to “get on” with outlining the post-Brexit relationship between the UK and EU on financial services. It comes as [...]
Fintech darling Wise set to float in London ‘as soon as this week’ – reports June 15, 2021 One of London’s most prominent fintech firms Wise is set to move ahead with a planned IPO in London this week. Wise has drawn up plans to launch the listing on the London Stock Exchange, according to Sky News, in what will be a closely watched test after Deliveroo’s much-ballyhooed IPO failed to meet expectations. [...]
Kate Middleton’s favourite maternity brand gears up for £61m IPO June 24, 2021 Seraphine, known for being Kate Middleton’s go-to maternity brand, is gearing up for a £61m float on the London Stock Exchange. The group, which will float on the main market of the LSE and is expected to IPO next month, intends to use approximately £16m of proceeds to repay its existing term loan and to [...]
Credit Suisse mulls hiking junior staff salaries to $100,000 August 2, 2021 Credit Suisse has reportedly become the latest banking giant to hike junior staff salaries to $100,000 amid growing competition for fresh talent. According to Financial News, the lender will pay first year analysts $100,000 a year, with salaries to rise to $105,000 and $110,000 over the next two years. City A.M. understands that the hike, [...]
Meggitt shares keep flying high after Parker’s £6bn bid to buy August 2, 2021 British engineering firm Meggitt saw its shares rocket nearly 60 per cent on the London Stock Exchange this morning after US tech firm Parker tabled some £6.3bn for the firm. Shares were up an eyewatering 59.5 per cent just after opening but steadied to 54.6 per cent in its afternoon trading at 725.4p per share. [...]