Challenger accounting firm to list on London AIM with £21m market cap December 13, 2021 Professional services company DSW Capital will make its initial public offering (IPO) debut today, while Big Four firm rivals focus on fending themselves off from more scandals. DSW, which owns advisory firm Dow Schofield Watts, plans to place five million shares at 100 pence per share to raise gross proceeds of £5m when it lists [...]
London muscles out European rivals to regain listing crown October 19, 2021 London has muscled out its European rivals to regain its crown as the premium listing location on the continent. £3.9bn was raised from 11 listings in the City in the third quarter, blowing its European competitors out of the water. Its closest rival was Burssels, which raised £1.34bn from two listings in the same period. [...]
BNP Paribas London executive keeps job despite naming Asian colleague ‘Hu She’ January 30, 2022 All eyes are on BNP Paribas this weekend as a senior lawyer manages to keep his job after it was revealed that he referred to an Asian colleague as “Hu She”. In a disciplinary inquiry at the French bank last year, Benedict Foster, head of legal for debt and equity at BNP’s London office, was [...]
Workspace CEO: London’s working map will change as offices reopen but it’s an opportunity for true innovation July 13, 2021 There is widespread agreement that we are all undergoing a fundamental re-examination of our day-to-day lives as a result of the pandemic. Few aspects of modern life have been scrutinised as much as they way we work and where we work. With restrictions on work from home set to be lifted, much of this is [...]
Inmarsat buyer plans London HQ in bid to ease security fears November 14, 2021 A US satellite company which offered to buy Britain’s Inmarsat for $7.3bn (£5.5bn) could set up an international headquarters in London to appease national security regulators. Viasat is in ongoing discussions with UK ministers after it announced plans to purchase Inmarsat through a merger which would create one of the world’s largest satellite operators, the [...]
Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence June 13, 2024 Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
Oliver Dowden: London’s tech trailblazers will lead the charge to tackle climate change June 15, 2021 Humans have long innovated their way out of adversity, and now it’s time for tech to take on one of the greatest challenges of our time. In 2019, the UK became the first major economy in the world to commit to bringing all greenhouse gas emissions to net zero by 2050. It is one [...]
Building materials firm CRH hits record high after announcing new £236m buyback February 29, 2024 CRH switched its primary listing from London to New York in September
Post-Brexit boost for the City as London takes top spot in global financial powerhouse rankings January 27, 2022 London continues to hold the top spot for financial and professional services in terms of overall offer when compared to other global destinations, including New York, Singapore, Hong Kong, Paris and Frankfurt, according to new figures published this morning. London received an overall competitiveness score of 61, followed by New York (58) and Singapore (53). [...]
City exclusive: London court issues arrest warrant for high-profile venture capitalist Julie Meyer February 23, 2022 The High Court has issued an arrest warrant for Julie Meyer, the founder and CEO of Swiss investment fund Viva Investment Partners (VIP), after she failed to attend a court hearing last week. The decision to issue a warrant for Meyer’s arrest comes after the High Court this month handed the high-profile businesswoman a [...]