Specialist lender Shawbrook has struck a deal to acquire motor finance lender JBR Auto Holdings as it looks to expand its car loan offering. The group announced on Monday that …
Financial Planning
‘British tennis is in the best shape ever’: LTA bullish despite Andy Murray’s impending exit
Andy Murray may be on his lap of honour but, as the grass-court season cranks up a notch at Queen’s Club this week, the Lawn Tennis Association is feeling bullish …
Kingfisher: Former Tesco exec heads for big role at B&Q owner
A former-Tesco exec is set to join the leadership team at Kingfisher, which owns B&Q and Screwfix, following the resignation of its chief financial officer Bernard Bot. Bhavesh Mistry, who …
Melrose founders plot rare London fund listing
The founders of the investment group Melrose Industries are plotting to list a new investment vehicle on London’s AIM market. Veteran dealmaker Simon Peckham is reportedly leading the launch of …
Lendinvest issues profit warning after accounting error on £5m securitisation deal
Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal. The firm, which operates an online marketplace …
Hikma bolsters US injectables offering with purchase of Danish competitor
Hikma Pharmaceuticals has bolstered its US injectables capabilities by purchasing several divisions of Danish competitor Xellia Pharmaceuticals. The company said it would pay a $135m (£106m) cash consideration upfront and …
Utilities are no longer ‘simple defensive’ plays
The energy transition will require “huge amounts of capital”, and there will be “winners and losers along the way”, Jean-Hugues de Lamaze, the manager of the Ecofin Global Utilities and …
USA has cricket fever as nation looks to lay sporting foundations
On social media platform X last week, mid-way through the USA’s T20 Cricket World Cup group game against tournament favourites India, one account explained the complicated scoreboard of cricket to …
For whom the crypto bell polls
Elise Soucie‘s monthly column will cover policy and consultation updates from around the world, as well as the latest digital innovations in institutional markets. In just two weeks, the UK …
Private equity giants face deadline for Hargreaves Lansdown bid
The deadline for a consortium of private equity giants to firm up a takeover bid for Hargreaves Lansdown, Britain’s largest investment platform, falls this Wednesday. Last month, the company revealed …