Police investigate after Banksy street artwork removed December 23, 2023 The Metropolitan Police are investigating the alleged theft of a Banksy installation in south-east London.
UK has insured £102bn worth of Russian oil despite sanctions January 24, 2024 A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over €120bn worth of Russian oil.
Roman Abramovich and Ukraine: Where is the Chelsea sale money two years on? May 30, 2024 The proceeds totalling £2.5bn from Roman Abramovich’s sale of Chelsea FC still remain unused two years on.
Taxpayers to foot the bill for half of businesses’ electricity bills September 21, 2022 Taxpayers will have to cough up half the electricity costs for British businesses this winter amid threats of blackouts.
After four years, supply chain issues are easing – but it’s not all smooth sailing yet December 18, 2023 Global supply chain issues have finally eased, but if there's anything we've learnt, it's not to become complacent, writes Anne Sophie Fribourg
Venture capital to play major role in European private equity December 21, 2022 Go big or go home, there is no time to be risk-averse as venture capital investments are set to play a major role in European deal values throughout 2023. The venture capital (VC) game was primarily played in the US however, since 2013 the European asset class has grown from €60bn (£52.6bn) assets under management [...]
Macron accused of ‘negotiating with Hitler’ by Poland’s PM after talks with Putin April 4, 2022 French President Emmanuel Macron has been accused of “negotiating with Hitler” by Poland, after holding a series of 17 talks with Vladimir Putin since December last year. Polish Prime Minister Mateusz Morawiecki hit out at the French leader for engaging with the Kremlin amid international efforts to isolate Moscow while it wages war in Ukraine. [...]
London IPO market slows to a crawl in 2023 as analysts warn ‘challenging’ times to come April 11, 2023 London managed only five IPOs in the first quarter of 2023, raising just £81m as the City’s flagship exchange struggles to attract new participants. The main market saw only two IPOs, from Dar Global and Streaks Gaming. The two IPOs raised a combined £63m, with £60m of that coming from luxury real estate firm Dar [...]
SoftBank’s Vision Fund loses £4.6bn as tech rout continues February 7, 2023 Japanese investment giant Softbank swung into the red between October and December, driven down by heavy losses at its flagship Vision Fund. Softbank’s Vision Fund suffered the brunt of a global tech rout that has shaved billions from the value of the world’s largest tech firms. Vision Fund booked a loss on its investments of 730.4bn [...]
Drax’s profits surge as high energy prices bolster power plant operator’s earnings July 26, 2022 Power plant operator Drax Group today said its pre-tax profits for the first half of 2022 were almost four times higher than its pre-tax profits for the same period in 2021, after high electricity prices bolstered the Yorkshire firm’s business. The North Yorkshire company – that operates the coal and biomass fired Draw Power Station [...]