US inflation came in below expectations in a boost for hopes that the US Federal Reserve will start cutting interest rates in September. Figures from the Bureau of Labor Statistics …
Personal Finance
Government denies Ed Miliband has banned new North Sea oil licences
The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences. Earlier today, The Telegraph …
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin
Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price. Ecofin, which currently has $1.4bn (£1.1bn) in assets …
Meet the man quietly building London’s next bit of vital infrastructure
Internet access is the new crucial bit of infrastructure in any global city. Vorboss offers fast connectivity to London’s fastest growing and most established companies. We meet the man behind …
Heathrow Airport: Landing charge ruling spells trouble for UK’s biggest hub
London Heathrow Airport flew into turbulence this morning after a regulatory ruling deemed the level it charges for landing fees too high. Following a six week consultation, the UK Civil …
Mountain Equipment hit by export sales cut as profit more than halves
Profit at Mountain Equipment more than halved following a strong few years of growth as the brand saw a sharp decline in exports, according to newly-filed documents. The company, which …
Wealth manager takes legal action against fund house for ‘unacceptable performance’
Financial planning firm Tavistock and investment manager Titan have descended into a legal spat over the alleged poor performance of Titan’s model portfolio service (MPS). AIM-listed Tavistock, which agreed to …
Here’s how you can still buy tickets for England v Spain Euro 2024 final
Good news for England fans hoping to secure a last-minute ticket to the Euro 2024 final – there is still availability. The bad news is that unless you have a …
Archegos founder Bill Hwang convicted on fraud charges
Sung Kook “Bill” Hwang, the founder of Archegos Capital Management, has been convicted of fraud by a Manhattan jury after the 2021 collapse of his firm. Hwang was accused of …
UK surpasses India as world’s third-largest venture capital market
The UK has leapfrogged India to become the world’s third-biggest venture capital market, new figures show, as analysts forecast a return to growth after a drop-off in investment and dealmaking …