Abrdn records net inflows as fund manager prepares to appoint new chief August 6, 2024 Abrdn has reported improved flows and progress on its cost-saving efforts as the fund manager gears up to appoint a new chief executive.
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]
Electric scooter startup Bird to go public in £1.6bn SPAC deal May 12, 2021 Bird Rides announced a merger with Switchback II Corp, a blank-cheque company, to go public in a deal that values the electric scooter company at £1.6bn. SPACs are listed companies that use the proceeds from an IPO to buy a private firm and take it public. The scooter rental company said the deal will be [...]
Home of English cricket Lord’s set for new £61m redevelopment May 9, 2024 The home of cricket Lord’s in north London is set for yet another multi-million pound redevelopment as the MCC pumps another £61m into the ground. Having completed a £53m overhaul of the Compton and Edrich stands – which flank the unique press box – in 2021, £61.8m will be pumped into the Tavern and Allen [...]
The must-read column: Kleinman on the City March 21, 2024 The City's best-connected columnist on the Telegraph, the new football regulator and the NatWest share sale
Meet the man who quit the City to reinvent the film industry, one documentary at a time May 9, 2023 City banker Julian Bird set up Lorton Entertainment to show that investing in films could be profitable, and documentaries on Diego Maradona, Oasis and Wayne Rooney have proven him spectacularly right. “I’m not really a massive film fan,” says City banker-turned-unlikely movie mogul Julian Bird. It’s perhaps a surprising statement from someone who has been [...]
Liverpool shareholders RedBird Capital set to buy stake in Indian Premier League franchise Rajasthan Royals June 24, 2021 RedBird Capital Partners, a shareholder in Liverpool owners Fenway Sports Group, is buying a stake in Indian Premier League (IPL) cricket franchise Rajasthan Royals, according to reports. New York-based RedBird is buying 15 per cent of the Royals in a deal that values the team at $250m, says the FT. The transaction continues the trends [...]
Telegraph board flags ‘financial irregularities’ to government December 19, 2023 The Telegraph's interim board directors have flagged historical issues in the company's accounts to the government.
Premier Foods shares soar after £33m windfall from suspending pension deficit payments early March 6, 2024 Premier Foods said it reached an agreement with the RHM Pension Scheme Trustee to suspend the contribution from 1 April.
The Magic Flute at the ENO: a breathtaking theatrical delight March 5, 2024 The Magic Flute at the ENO never quite allows you to recover a stable heart rate. It remains a breathtaking theatrical delight.