The Financial Conduct Authority has said it will allow the launch of crypto exchange-traded notes (ETNs), but only for institutional investors. ETNs are similar to exchange-traded funds (ETFs), but they…
New documents have revealed the true extent of losses at Teeside Airport during its latest financial year after limited financial information was released at the end of 2023. The newly-filed…
Elliott Advisors has said it’s no longer interested in making an offer for electrical retailer Currys after it was rebuffed twice by the company. The activist investor said this morning…
Cloud technology provider Loopup has moved to cancel its listing on London’s AIM market due to the better funding opportunities available on private markets. The move has sent its stock…
A record number of passengers flew from Heathrow in February with travellers seeking out the sun over the winter half term. Just under 5.8m people flew from the West London…
Property giant British Land has appointed banking veteran William Rucker as its new chair, replacing Tim Score. As part of the move, the boardroom heavyweight will step down as chair…
Policy changes announced in Hunt’s Spring Budget will make it more expensive for non-doms to live in London which could spell trouble for London’s prime property market. Non-doms, or non-domiciles,…
Vanquis Banking Group has said it expects profit to come in “substantially lower” than analysts’ estimates in 2024 as the specialist lender faces rising costs tied to restructuring and a…
Professional services firm FRP Advisory confirmed this morning it had acquired GWC, an Isle of Man based business advisory firm. The deal, FRP Advisory’s eighth acquisition since its London IPO…
Private equity heavyweight Apax has bailed on its takeover bid for Kin and Carta after it was outbid by a rival. In a stock exchange notice today, Apax said that…