The Financial Conduct Authority (FCA) has outlined plans to help firms pay for investment research in the wake of the government’s Edinburgh Reforms. It said today that following a consultation, …
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‘Not me, guv’: Tory peer ‘frustrated’ at government response to Post Office concerns, inquiry told
A Conservative peer who has campaigned for the victims of the Post Office Horizon scandal told the inquiry he was “frustrated” at the government’s response when he raised concerns. Giving …
London-listed Centaur Media receives takeover approach
Centaur Media, the owner of titles such as The Lawyer, could become the latest London-listed company to go private after a takeover approach was revealed. The business confirmed to the …
Vanguard names new boss to lead European investment arm
Investment giant Vanguard has announced the new boss of its European division. Jon Cleborne will succeed Sean Hagerty, who has been in the role since 2016. Cleborne currently serves as …
Hot US inflation figures ‘pretty much kill’ hopes of a June interest rate cut
US inflation came in ahead of expectations for a third consecutive month as the prospect of imminent interest rate cuts looks increasingly remote. Figures from the Bureau of Labor Statistics showed the …
EP: 265 Aintree – Friday
There are another four Grade 1 races to look forward to at Aintree on Friday, plus the Topham Chase, run over 2m 5f over the grand national course, during a …
BBC faces £100k libel trial by Tory donor over Pandora Papers Panorama
A BBC Panorama programme and story on a top Tory donor is at the centre of a £100,000 libel trial. Lawyer turned businessman Mohamed Amersi, who has been reported to …
Is the London Stock Exchange’s AIM in terminal decline?
When the little-known pharma firm Redx announced plans to delist from the London Stock Exchange’s AIM market last week, it issued a familiar refrain. “Despite completing some of the largest …
FTSE 100: Investors should increase their exposure says Barclays
An over-reliance on ‘old world’ commodity giants has often been seen as the FTSE 100’s biggest weakness, but analysts at Barclays said there were good reasons why this might soon …
Lloyds to cut jobs in risk management after finding it was a ‘blocker’ to transformation progress
Lloyds Banking Group is preparing to axe roles in its risk management division after finding that it was a “blocker” to the company’s transformation strategy, City A.M. understands. The group’s …