Bottom-up ESG: New platform wants to give retail investor army voting power for £1 July 9, 2021 Tulipshare is targeting the next generation of shareholders by tapping into their booming interest in retail investment and demand for a corporate ESG overhaul. The new UK-based activist investment platform wants to enable individuals to “vote with their money” for change from the inside at Amazon, Coca-Cola and Apple by investing as little as £1. [...]
Nokia could benefit from Huawei saga, says chief executive May 21, 2019 Nokia could benefit from the US crackdown on Huawei as global telecoms firms race to roll out 5G, the company’s chief executive has said. “Perhaps there is long term opportunity but more than that, it’s hard to say at this point,” Rajeev Suri told investors, according to Reuters. Read more: Huawei accuses US of bullying [...]
GameStop shares tumble just as meme stock passes $300 March 10, 2021 Shares in GameStop have tumbled back to $242, after rising to more than $300 per share earlier today, nearing their all-time high. The latest GameStop rally is said to be based on company fundamentals and speculation that small investors will pour their stimulus packages into markets. After a strong few days the stock has dropped [...]
Under the influence: How reality stars’ Dubai trips could sink social media marketing January 27, 2021 While online fitness guru Sheridan Mordew has undoubtedly succeeded at influencing people, she may be struggling to make friends. When the social media influencer, who posts workout videos for her thousands of online followers, insisted that her much-documented trip to Dubai was essential business travel, she was met with little sympathy. In fact, Mordew is [...]
Brexit: EU ‘simply can’t trust’ Britain as tensions rise over Northern Irish protocol March 4, 2021 The EU will see Britain as an untrustworthy partner after its decision to alter the Northern Irish Brexit arrangement, Ireland’s foreign minister said this morning. Simon Coveney claimed it was not the first time the EU have seen warning signs in Britain’s dealings, after the move sparked accusations of a breach of trust. The comments [...]
Banks flee the City post-Brexit taking more than £900bn in assets with them April 16, 2021 If you thought the Brexit saga was over, think again. New research reveals UK firms are looking to the continent for business and relocations are set to continue. Figures compiled by think tank New Financial make for sobering reading and reveal the extent of just how much Brexit will face the change of the City. [...]
GameStop dubbed ‘greater fool speculative bubble’ as stock price tumbles February 3, 2021 The share price of US video game retailer GameStop slid 60 per cent yesterday to $90, down from a high of $347 at the height of a Reddit-instigated short-squeeze on the stock. GameStop shares rocketed in January after a community led by Reddit forum r/wallstreetbets banded together and piled hundreds of thousands of dollars into [...]
Exclusive: Private equity firms strike £10bn of carve-out deals as pandemic drives sale of non-core units April 28, 2021 Private equity firms made £10.1bn of corporate carve-out acquisitions in the UK last year, up from just £765m in 2019 as the Covid-19 pandemic drove more corporates to sell non-core business units, according to new data shared with City A.M. this evening. The economic disruption of the past year has forced many large businesses to [...]
Pressure builds on Boris Johnson over £58,000 flat refurbishment costs April 27, 2021 Boris Johnson is facing growing pressure about the source of a £58,000 loan given to him to pay for the refurbishment of his Downing Street flat, with Labour today accusing the Prime Minister of lying. Johnson has now paid the cost of the refurbishment out of his own pocket, however multiple media outlets have reported [...]
Finance: TikTok yea or nay? May 13, 2021 ICAS Lecturer, Nisha Sreedharan CA, discusses the recent trend of financial advice being given on social media channels in our latest blog post and whether people are being made aware of the risks. During lockdown many of us have used social media as a means of combating boredom, loneliness or connecting virtually with the world [...]