UK-based fintech investor 13books Capital has raised £121m for a venture capital fund investing in fintech companies across Europe. British Patient Capital, the venture capital arm of the UK government-owned …
Estate Planning
Former deputy mayor shared in £750,000 dividend from RationalFX as staff were laid off
The former deputy mayor of London shared in a £750,000 dividend from his now-collapsed foreign-exchange firm while scores of the company’s staff were laid off through the pandemic, City A.M. can reveal. …
Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales
Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said. A …
Babcock: Geopolitical tensions boost FTSE 250 firm’s revenue
Heightened geopolitical tensions and the ramping up of defence spending across western countries has helped Babcock International to strong increases in organic revenue and underlying profit. The FTSE 250 defence …
Chill Brands: Vape giant clears CEO of misusing inside information
The chief executive of vape maker Chill Brands has been cleared of misusing inside information following accusations that he had misused inside information. London-listed Chill Brands launched an investigation after claims …
Five minutes with the man behind London’s newest must-have membership
In the know Londoners are obsessed with Mortimer House and 1 Warwick – two new members’ clubs that combine work, wellness and much more alongside food, drink and socialising. We …
Mitie: Shard-based outsourcing giant swoops for electrical engineering firm ESM Power
Outsourcing giant Mitie has landed a deal for leading electrical engineering firm ESM Power, as it continues to invest in “high growth” firms. The specialists in grid and power connections …
Genus trading in line with downgraded forecasts as China turbulence continues
Animal genetics company Genus said it expects its full year results to be in line with expectations, after it downgraded its forecasts in February. The London-listed firm said in a …
HSBC appoints new chief to replace outgoing boss Noel Quinn
HSBC has appointed its new chief executive to replace Noel Quinn, who is expected to step down at the beginning of September. The bank has announced Georges Elhedery will take …
Sam Torrance’s Open preview: Why it may be an Englishman’s time at Royal Troon
I have never seen Royal Troon looking better than it does for this week’s Open Championship. The weather forecast isn’t great, with rain expected, but you don’t mind a bit …