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Investment
Bond market prepares for increase in UK debt issuance of £300bn by this year
Global investment banks are expecting UK debt sales to reach £300bn this year, the second highest on record. The government is preparing for a showdown against bond investors during this week's Budget.
Gilts could have their worst month…
Blackstone will list its largest investments
Blackstone, world's biggest private capital firm is planning to list its largest investments, a move that could reignite IPO markets.
Jonathan Gray, the president of New York's listed investment giant, spoke today to Wall Street to give…
Morgan Stanley profits increase by a third during Wall Street’s boom
Morgan Stanley beat profit expectations on an impressive third quarter in investment banking, which also boosted rivals and sent its stock to record levels.
The American bank announced that its profit increased 32 percent to $3.2 billion…
The tobacco stakes of a reclusive billionaire have earned him £3.8bn
After massive share buybacks and dividends were paid, a reclusive Cayman Islands businessman has made an estimated £3.8billion from his shares in British American Tobacco and Imperial Brands.
Kenneth Dart is the scion of Dart Container,…
Smith & Nephew accused by the media of inflating profits
A firm that calls itself a "group of financial detectives" has accused Smith & Nephew of using "aggressive accounting techniques" to boost its profit margins.
Dragoneye, a London-based independent research firm for short-sellers, has…
Macquarie to invest £20bn in Britain as Labour seeks investors
The Australian infrastructure company blamed for the Thames Water crisis is planning £20 Billion of new investment in the UK, as the Labour government attempts to attract international investors to fuel economic growth.
Macquarie will…
Big banks and companies say that Britain is ready to invest.
Before the start of important business talks in London, the biggest banks and corporations around the world said that Britain was ready for investment. It also has "a very real opportunity" to expand its economy.
Five of the largest…
Mark Carney: Change the fiscal rules so that the assets of the nation are included
Mark Carney, former governor of Bank of England has given his support to Labour's proposal that the national debt be recalculated by including assets. He argues that this will stimulate an economy "starved of investment".
Carney, in his…
Brookfield wins warehouse giant Segro for £1.1bn
Brookfield, a major investment group in the world, has outbid a competitor and agreed to a deal worth £557million for Tritax EuroBox. Segro, Europe’s largest shed owner , had made an offer of 68.4p per EuroBox share, but this bid is 69p.…
Chinese stocks have their worst day since the pandemic
Chinese stocks fell the most in a single day since the pandemic, amid fears the government's measures to revive the second largest economy of the world will fail.
The Shanghai Composite Index, China's benchmark index, dropped 6.6% on…
Diversified Energy believes in US listing as a way to reignite its fire
Diversified Energy, which joined London's junior oil and gas market seven years earlier, positioned itself as an unusual and unique prospect among the other oil-and-gas minnows. The American producer promised to give investors a bumper cash…
Elliott, an activist says that its long-term perspective on Anglo American remains’very…
After acquiring a $1bn stake in Anglo American rival BHP, activist hedge fund Elliott described its long-term view on the British mining conglomerate as "very interesting" and "very intact".
Nabeel Bhanji, an equity partner at Elliot,…
Abu Dhabi sells 9.9% of Thames Water
Abu Dhabi's sovereign fund has written-off its investment in Thames Water, a blow for the Labour government who is preparing to host a summit to attract large institutional investors to the UK.
Accounts filed in June by a…
Eric Schmidt, former Google boss, to attend UK International Investment Summit
Former Google boss Eric Schmidt is one of many high-profile executives who will be attending the first international investment summit organized by the Labour government. Schmidt, former Google chief executive between 2001 and 2011, will…
Rachel Reeves expects a £50bn windfall after fiscal rules are reformed
Rachel Reeves' plans, which are being developed by officials, will allow her to free up up to £50 billion for roads, housing, and energy projects, as well as other large-scale initiatives. The chancellor asked Treasury to examine changing…
The US investor who quietly became one of Britain’s largest retail owners
Five years ago, Realty Income was a new American investment trust. Since then, it has quietly become one of Britain's largest owners of retail parks, shops and supermarkets.
Realty is a rare exception. While other investors are hesitant…
Global investors warn Labour that UK utilities are “off our radar”
One of the largest sovereign wealth funds in the world has announced that it will not be investing in the UK’s regulated utilities for water, electricity and natural gas. This is a major blow to Labour’s hopes of attracting global…
Legal & General buys Cala, a housebuilder for £1.16bn
Legal & General's new CEO, the FTSE 100 listed financial services company, made his first major strategic move when he struck a deal with its housebuilding division for £1.16billion in cash. L&G agreed to sell Cala Homes, the…