Exclusive: The City’s IPO women on ‘the male-dominated, testosterone-driven culture’ August 24, 2021 When an investor attending a presentation at the RAF club asked Cath O’Neill if she could take his coat, she was bemused. A short while later the same investor apologised profusely, having realized he had mistaken the only female CEO for a member of the waiting staff. O’Neil, who was by then accustomed to being [...]
Buy2Let Cars parent company under investigation by serious fraud watchdog April 9, 2021 The Serious Fraud Office (SFO) has launched an investigation this morning into the Buy2Let Cars parent company Raedex Consortium for an unauthorised customer investment scheme. The SFO, the National Crime Agency (NCA) and the City of London police searched two premises in connection to the scheme and arrested one person yesterday. The person was interviewed [...]
‘Fat finger’ trade briefly bumps £3bn off Barclays’ value April 15, 2021 Barclays’ share price fell 10 per cent yesterday morning after a suspected “fat finger” trade, which temporarily knocked more than £3bn from Barclays value. Barclays’ share price had fallen almost 10 per cent by 8:05am yesterday morning, according to reports – an unusual event, particularly for a big bank. After a five-minute pause in [...]
Capital raising in the City picks up despite ongoing Covid disruption as listed firms pull in close to £25bn this year December 29, 2021 UK listed companies have raised more than £12bn in new capital from investors in the second half of the year, bringing the total so far for 2021 between January and November to £24.7bn, according to data shared with City A.M. This represents the second highest total since 2009, following on from 2020 when £34.4bn was [...]
Wetherspoons hits out at pub closures following ‘partygate’ scandal January 19, 2022 Wetherspo has slammed the government in a fiery trading update, criticising pub closures over the past two years.
What can Sunak-friendly fintech expect under Truss? September 12, 2022 Some fintech bosses are reconsidering what a Truss leadership may mean for the sector.
Gambling firm 888 Holdings continues momentum as revenue soars April 28, 2021 888 Holdings saw revenue rise by 56 per cent year-on-year during the first quarter of 2021 as the gambling firm continued to grow its casino and sports betting markets. Revenue shot up to $272.5m during the first quarter compared to $164.6m throughout the same period in 2020, outperforming board expectations. The rise was led by [...]
Good Energy offloads solar and wind asset ahead of shareholder showdown with rival firm January 20, 2022 Good Energy has sold a portfolio of renewable sites despite pressure from activist investors to keep hold of its generation assets.
London Stock Exchange acquires ESG data provider Beyond Ratings to boost sustainable finance offering June 3, 2019 London Stock Exchange has acquired ethical and sustainable data provider Beyond Ratings in a bid to grow its information services business. The deal will allow LSE to grow its capabilities around sustainable finance and further support clients through its data, the company said. Beyond Ratings, which provides environmental, social and governance (ESG) data for fixed [...]
Harlequins revive Big Game with December double header at Twickenham September 15, 2021 Harlequins’ annual Big Game is returning to Twickenham after a one year hiatus for a double header featuring the men’s and women’s teams. Quins men will play Northampton Saints on Bank Holiday Monday 27 December following a clash between Harlequins Women and Wasps Women. Dubbed the world’s biggest annual club rugby event, this will be [...]