Exclusive: Labour eyes up reform to ‘prescriptive’ EU finance rules July 13, 2022 Shadow city minister Tulip Siddiq said she would look to overhaul “prescriptive” EU-era regulation in financial services today as the Labour party mounts an offensive to try and win over the City.
Mode Global raises £2m as it looks to recover from cashback controversy July 13, 2022 Crypto firm Mode Global said it had raised £2m today as it looks to get back on the front foot after a crypto cashback scandal last year.
UK venture funding slumps as recession jitters take hold July 13, 2022 UK venture capital funding slumped in the second quarter of the year as an investment frenzy tailed off amid rising interest rates and the prospect of a looming recession. Total cash injected by venture firms in the UK fell to $7.1bn across 478 deals between April and June, down from an all time high of [...]
Demand for alternative assets to rise 46 per cent over next 12 months July 13, 2022 Demand for alternative assets is set to soar by 46 per cent over the next 12 months as rising inflation sends investor interest surging. In a survey by alternative investment platform AssetTribe and market research firm Survation, 53 per cent of the 580 investors surveyed across the UK and Europe said their appetite for alternative [...]
UK fintech Zepz pushed back IPO plans amid accounting issues July 13, 2022 UK fintech firm Zepz was forced to delay its initial public offering plans after being hit by accounting difficulties and churn in its senior team, according to reports today.
Chicago Mayor: Brexit could be ‘real opportunity’ to forge closer ties with London July 13, 2022 The Mayor of Chicago said Brexit could be a “real opportunity” to forge closer ties with London today as she looks to court fintech firms on a trip to the Capital this week.
Top UK firms set to dish out £85bn in dividends this year July 12, 2022 Shareholders in Britain's top firms are set to pocket as much as £85bn in dividends this year as boardrooms pay out excess cash to investors, new research has revealed.
Government set to unveil fresh capital markets reform to boost the City July 12, 2022 The government is set to push through a number of further reforms to the City’s capital markets to ease the way that listed firms can raise cash and allow greater participation from retail investors.
Money matters – Financial literacy: A vaccine for life July 12, 2022 | City Talk Could a double dose of financial literacy combined with experience help households make more rational financial decisions? What can be done to enable households to make more rational financial decisions? In the wise words of Warren Buffet, one of the greatest investors of all time, invest in yourself by accessing the latest financial education for [...]
Exclusive: ESG funds slump behind peers as energy and defence stocks bolstered by war July 12, 2022 Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks surge in the wake of war in Ukraine, new research has revealed.
