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Investment
Harland and Wolff Creditors Face Losses in Spanish Acquisition Deal
The historic UK shipbuilder Harland & Wolff's sale to Spanish defence group Navantia will result in significant losses for creditors and suppliers when the deal concludes in January, according to the company's interim executive chair.…
Global Bond Funds See Record Breaking £600 Billion Investment Rush in 2024
In a remarkable display of investor confidence, global bond funds have witnessed an unprecedented surge of more than £600 billion in inflows throughout 2024, surpassing the previous record of £500 billion set in 2021. This massive capital…
Hedge Fund Titan Stakes 2 Billion Pounds on London Investment Trust Shake Up
A chess-playing hedge fund manager who was once banned from a London casino for counting cards is making waves in the investment trust sector with an ambitious £2 billion restructuring plan.
Boaz Weinstein, the chief investment officer…
Private Companies Set to Trade Shares on New Pisces Exchange Platform in London
The Financial Conduct Authority (FCA) has unveiled groundbreaking plans for a new trading platform that will enable private companies to sell shares to institutional and professional investors without adhering to standard market abuse…
US Hedge Fund Saba Capital Launches Aggressive Campaign Against British Investment Trusts
In a bold move that has sent shockwaves through the UK investment trust sector, New York-based hedge fund Saba Capital has initiated a dramatic campaign to overthrow the boards of seven prominent British investment trusts, including several…
Scotlands Six Million Pound Autonomous Bus Project Terminates Due To Poor Ridership
The pioneering £6 million driverless bus service connecting Fife and Edinburgh has ceased operations, marking a significant setback for the UK's autonomous transport initiatives. The decision comes merely 19 months after its highly…
Landsec Makes Bold £490m Sterling Bet on Liverpool One Shopping Centre
In a significant move that underscores confidence in prime retail locations, Land Securities has acquired a 92 per cent stake in Liverpool One for £490 million. The FTSE 100 property giant's strategic purchase from Abu Dhabi Investment…
UK Company Exodus Looms as Half of British Boards Eye Overseas Markets
The mounting pressure on Britain's capital markets has reached a critical point, with more than 50 per cent of UK public limited companies discussing potential overseas listings in the past year. This stark figure represents a dramatic…
Historic British Shipbuilder Harland and Wolff Secured in £70 Million Pound Spanish Rescue Deal
The iconic British shipbuilder Harland & Wolff, renowned for constructing the Titanic, is set to be rescued through a £70 million acquisition by Spanish state-owned shipbuilder Navantia. The deal, supported by the British government, is…
Databricks Secures Record Breaking £10bn Investment as AI Talent War Intensifies
In a landmark deal that underscores the intensifying battle for artificial intelligence dominance, Databricks has secured £10bn in venture capital funding, marking the largest US venture deal of 2023. The data analytics and AI company's…
Early Revolut Investors Set For Massive 404 Times Return On Investment
Small-scale investors who backed fintech company Revolut in 2016 are poised to become millionaires following a revolutionary change in share-selling rules. These early adopters, who invested through the Crowdcube platform, are expecting…
Blue Whale Fund Dumps Tech Giants Over Artificial Intelligence Spending Concerns
The investment fund Blue Whale Growth, supported by billionaire Peter Hargreaves, has significantly reduced its holdings in the 'Magnificent Seven' US technology companies due to mounting concerns about their substantial artificial…
London Stock Exchange Faces Greatest Company Exodus Since 2009 Financial Crisis
The London Stock Exchange is experiencing its most significant exodus of companies since the 2009 financial crisis, with mounting concerns that additional FTSE 100 enterprises will abandon the UK market for New York listings.
Data from…
De La Rue Share Talks With Truell Backed Investors Over 40 Per Cent Stake
De La Rue, the historic British banknote printer, is engaged in significant discussions with investment vehicles led by prominent City financier Edi Truell regarding a substantial shareholding acquisition. The talks centre on a potential…
Vanguard UK Platform Fee Shake Up Hits Small Investors With New Monthly Charge
British investment giant Vanguard is implementing significant changes to its fee structure for UK platform users, introducing a £4 monthly charge that will particularly impact smaller investors whilst reducing costs for managed service…
Blackstones Failed Bid for Londons Iconic Can of Ham Building Highlights Property Market Tensions|
The property market's standoff between buyers and sellers has claimed another high-profile casualty as Blackstone's £300 million bid to acquire London's distinctive "Can of Ham" skyscraper collapses. The deal's failure underscores the…
Distressed Asset Firm Southey Capital Makes £32 Million Pound Bid for Troubled Home Reit
Shareholders in the embattled property firm Home Reit have received a lifeline from distressed asset specialist Southey Capital, which has launched a bid valuing the company at £32 million.
The specialist investment firm is offering…
Standard Chartered Sets Ambitious £200 Billion Pounds Target for Wealth Management Growth
Standard Chartered has unveiled plans to secure £200 billion in new assets, capitalising on clients seeking to relocate businesses from China amidst potential tariff threats from president-elect Donald Trump. The FTSE 100 bank, with its…