The City of London is poised to launch a groundbreaking trading system called Pisces, designed to breathe new life into the UK’s capital markets. This innovative ‘private intermittent securities and
The City of London is poised to launch a groundbreaking trading system called Pisces, designed to breathe new life into the UK’s capital markets. This innovative ‘private intermittent securities and
The creditors behind Thames Water’s £3 billion rescue package have emerged as surprise contenders in the battle to take control of Britain’s largest water utility. The development adds an unexpected
A former City fund analyst stands accused of orchestrating a sophisticated insider trading scheme that netted nearly £1 million through illegal trading activities. Redinel Korfuzi, 37, who worked as a
A crucial High Court ruling has approved a £3 billion rescue package for Thames Water, marking a pivotal moment in the company’s efforts to restructure its substantial £19 billion debt
In a bold economic gambit, Rachel Reeves’s £25 billion tax raid could inadvertently push British businesses towards increased automation and technological investment. This strategic move, whilst potentially devastating for some
The largest shareholder in Topps Tiles has launched a scathing criticism of the retailer after the Competition and Markets Authority (CMA) raised the possibility of an in-depth investigation into its
Customers of Naked Wines face the risk of losing their deposits due to a lack of segregation of client accounts, a prominent activist investor has cautioned. Richard Bernstein, an investment
A significant shift in the UK asset management landscape emerged as French investment powerhouse Tikehau Capital secured a substantial 4 per cent stake in British fund management titan Schroders, valued
US property investors are making a significant comeback to London’s commercial real estate market, particularly targeting prestigious office buildings at what they perceive to be bottom-of-market prices. Following a two-year
Leading City advisers and financial institutions are poised to share a substantial £120 million in fees following Aviva’s landmark £3.6 billion acquisition of Direct Line. The deal, marking one of
British pharmaceutical giant AstraZeneca has abandoned its £450 million expansion plans for its vaccine manufacturing facility in Speke, Liverpool, delivering a significant blow to the UK’s life sciences sector. The
A significant legal battle is unfolding in the High Court as Azzurro Associates, owned by hedge fund giant Elliott Management, confronts challenges over its authority to pursue personal guarantees from
Deutsche Bank’s profits have experienced a dramatic 92 per cent decline in the last quarter, prompting Chief Executive Christian Sewing to announce a comprehensive review of the bank’s operations where
Major water suppliers have reached a significant financing agreement with industry watchdog Ofwat, leading to substantial bill increases for millions of households over the next five years. Pennon Group, which
In a significant shift for the UK property market, rental prices outside London have decreased for the first time since 2019, marking a potential turning point for tenants struggling with
British care homes witnessed unprecedented transaction levels in 2024, with American investors leading the charge in one of the few property sectors still delivering robust rental growth. Data from property