The individuals behind the suspected £200 million Ponzi scheme, known as the 79th Group, have been declared bankrupt as part of ongoing efforts to recover lost investor funds. The bankruptcy
The individuals behind the suspected £200 million Ponzi scheme, known as the 79th Group, have been declared bankrupt as part of ongoing efforts to recover lost investor funds. The bankruptcy
Global equity markets experienced a significant downturn on Tuesday, largely as a reaction to recent remarks made by President Trump regarding trade policies with Europe. His assertions that there would
GlaxoSmithKline (GSK) has announced its acquisition of a US biopharmaceutical company, RAPT Therapeutics, for a sum of 2.2 billion dollars. This strategic move marks GSK’s first bolt-on acquisition under the
Andrew Bailey, the Governor of the Bank of England, has expressed concerns regarding the increasing reliance on hedge funds within Britain’s government debt markets. He indicated that these funds have
A listed technology company, Big Technologies, has reached a settlement with former investors that resolves claims they were unlawfully deprived of benefiting from its 2021 flotation. The settlement totals £38.5
The British government has approved a significant £25 million investment in Kraken Technologies, marking its largest direct financial commitment to date. This move is part of a broader strategy aimed
Global stock markets experienced significant fluctuations on Monday due to apprehensions surrounding escalating trade tensions, particularly reflecting on President Trump’s recent threats to impose new tariffs on European countries should
The insurance giant Zurich has unveiled a significant £7.7 billion bid for Beazley, a London-listed insurer. If successful, this acquisition could create a leading entity in specialty insurance, with combined
The UK government bond market has demonstrated promising performance at the beginning of the year, largely driven by a shift in strategies from the Debt Management Office. Analysts suggest this
An ambitious initiative is underway as the Labour party readies itself to inject tens of millions of pounds into a pioneering self-driving car firm based in Oxford. This financial commitment
A Delaware-based investment firm, EIG Global Trust, is reportedly among a group of international suitors vying to acquire Speciality Steel UK, one of Britain’s largest steel manufacturers. This firm, which
Recent findings reveal a significant dividend payout made by property developer Daren Whitaker, who has close ties with Greater Manchester Mayor Andy Burnham. According to reports, Whitaker received £40 million
Investment firm FitzWalter Capital has submitted a twelfth takeover bid for Auction Technology Group, valuing the company at £491 million. This latest bid comes after a series of rejected offers
Retail investors have demonstrated impressive timing in the stock market, according to a comprehensive analysis of share purchases and sales over the past year. The findings contradict the long-held belief
Soho House has successfully secured the necessary funding to complete a substantial takeover deal valued at $1.8 billion. The London-based company, which has faced challenging economic conditions since its listing,
Schroders, the prominent fund management group, has announced that its adjusted operating profits for 2025 are expected to exceed City forecasts by 15 per cent, reaching at least £745 million.






