Investment trust Pantheon Infrastructure delivered an “impressive” 10.4 per cent growth in net asset value, above the trust’s eight to 10 per cent yearly target The £491m trust’s annual results, …
Investing
Government debt sells off after Easter as higher-for-longer interest rate fears resurface
Bond yields have climbed rapidly this week as investors grow increasingly nervous about the prospect that interest rates might stay higher-for-longer in the US. Yields on the 10-year UK Gilt …
Dr Martens urged to undergo strategic review or sell business
An activist investor in boot brand Dr Martens, has urged the company to undergo a strategic review and possibly even sell the company. New York based Marathon Partners Equity Management, …
Tom Hayes’ lawyer accuses Court of Appeal judge of conflict of interest
The lawyer of former Libor trader Tom Hayes has written to the Court of Appeal over allegations that one of the judges for his Appeal case had a potential conflict …
Tottenham Hotspur for sale: Club confirm talks with would-be investors
Tottenham Hotspur say they are “in discussions with prospective investors” over a sale of some of the club in a move that could value it at more than £2bn. Spurs …
Euro inflation falls faster than expected as markets look for clues on interest rate cuts
Inflation across the eurozone fell slightly faster than expected in March but the European Central Bank (ECB) is still likely to wait until June before cutting interest rates. According to …
Virgin Atlantic forecasts first post-pandemic profit in 2024
Virgin Atlantic anticipates a return to profit for the first time since the pandemic this year amid booming demand for leisure travel. The carrier, which is backed by Richard Branson’s …
Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court
Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court. The Court of Appeal last week upheld the …
As Morgan Stanley commits to Canary Wharf is the hub turning a corner?
Morgan Stanley has agreed to stay in Canary Wharf for another 14 years, a welcomed boost for the development following a string of high-profile departures. The US investment bank has …
Sadiq Khan pledges to create 150,000 jobs in AI, fintech and sciences
Sadiq Khan has pledged to create 150,000 new jobs in key growth sectors, including artificial intelligence (AI), financial and climate technology, and life sciences. The mayor of London – who …