Rolls-Royce has received a funding boost from the UK Space Agency to develop nuclear-powered projects for the space sector. Some £1.2m is being offered up to Rolls-Royce Submarines and the …
Estate Planning
Shell looking at “all options” on “undervalued” London listing
Shell’s chief executive has floated the possibility of the petrogiant abandoning its “undervalued” London listing. Wael Sawan, who runs the largest company on the FTSE 100, said the embattled London …
IMF warns of ‘fragilities’ in booming £1.7 trillion private credit market
The International Monetary Fund (IMF) has warned of a “number of fragilities” in the global private credit market, even as the sector continues to soar in popularity. In the IMF’s …
Wayne Bridge interview: I wish I’d paid more attention to my teammates’ mental health
With a Premier League title, 36 caps for England and a famous winning goal for Chelsea in the Champions League, Wayne Bridge had a career which put him in the …
Ted Baker: 245 jobs and 15 stores including London Bridge slashed by administrators
Some 245 jobs and 15 Ted Baker stores have been terminated as part of its administrative process, in another blow to high street. On Monday, the retailer’s joint administrators said …
Arm is overvalued, will struggle to keep up with Nvidia says new report
According to a sobering analysis by investment research firm Morningstar, British chip designer Arm is overvalued and will struggle to keep up with its competitor, Nvidia. Despite a bumper market …
Finance-focused climate charity adds Lord Zac Goldsmith to its board
Finance-focused climate charity Global Returns Project has added former Mayor of London candidate Lord Zac Goldsmith to its board. The UK charity aims to push people to donate to six …
JPMorgan chief Jamie Dimon warns of ‘stickier inflation and higher rates’ as markets trim Fed bets
Jamie Dimon, the long-serving chief executive of JPMorgan Chase, has warned that increased government spending could result in stickier-than-expected inflation and higher interest rates in the US. The banker, who …
Exxonmobil bets £791m on UK oil sector as other operators pull back
The first tranche of new diesel from a $1bn (£791m) bolt-on to the UK’s largest oil refinery will be available next year, according to its operator, US oil giant Exxonmobil. …
European Green Transition hits London Stock Exchange on rare metal hopes
Rare earths asset developer European Green Transition has floated on the London Stock Exchange’s AIM market today. This morning, the company confirmed trading would begin today with its 144,620,892 ordinary …