Atom Bank mulls going public after £75m funding round February 16, 2022 Digital bank Atom Bank has closed a £75m funding round which values the firm at £435m as it gears up for a potential flotation on the stock exchange.
Storegga chief on Kwasi Kwarteng’s recent trade mission to Saudi Arabia: ‘A fabulous opportunity for the UK’ February 16, 2022 London-based Nick Cooper, who is the chief executive officer of Storegga, developing decarbonisation projects around the world, recently returned from a UK Government trade mission to the Kingdom of Saudi Arabia. The delegation was led by by Rt Hon Kwasi Kwarteng MP, Secretary of State at the Department of Business, Energy and Industrial Strategy. The [...]
National Saving & Investments doubles rates on green bond after backlash February 15, 2022 National Security & Investments (NS&I) has doubled the interest rate offered on its green savings bond after it came under fire for offering measly returns for savers the first time round.
Investors flee ESG funds amid market volatility February 15, 2022 Investors fled ESG funds last month as global market turbulence saw investors seeking steadier territory in financial stocks, new data has revealed.
Australian property fintech PEXA gears up for government-backed UK launch February 15, 2022 Australian property fintech PEXA is set for a UK expansion with backing from the UK government as it looks to roll out a remortgage platform for UK mortgage lenders.
North/South Divide February 15, 2022 | Sponsored The way in which countries in the Asia Pacific region dealt with the coronavirus pandemic is well documented. Governments in that region reacted swiftly and implemented strict lockdown measures to curb the spread of the virus. However, the recovery and pace of growth has not been uniform across the region, with North Asian countries outperforming [...]
Britishvolt secures £40m backing from Glencore to fuel gigafactory development February 15, 2022 Battery start-up Britishvolt has secured £40m funding from mining giant Glencore as it pushes ahead with plans to develop a major gigafactory in Northumberland.
BT pumps £30m into tech freelancing start up February 15, 2022 Telecoms giant BT has pumped £30m into a tech freelancing start up which helps business transform their digital systems, as it looks to ramp up its own modernisation efforts.
Sadiq Khan to create £90m City Hall green bond programme February 15, 2022 Sadiq Khan will issue City Hall green bonds as a part of a £90m programme intended to boost the UK’s investment in green infrastructure. The new programme, which will be in the mayor of London’s £16bn+ 2021-22 Budget, will see £86m spent on the green bond programme and a further £4m spent on developing “high-impact [...]
Valentine’s Day: The stocks and companies that have stolen City fund managers’ hearts February 14, 2022 As it is Valentine’s Day, City PM checked in with several City-based fund managers to reflect on the investments that have stolen their hearts in recent times. For Ken Wotton, co-manager of the LF Gresham House UK Multi Cap Income Fund, Smart Metering Systems (SMS) stands out. The company installs and operates smart meters and [...]
