Digital challenger bank Monzo is reportedly close to landing a roughly $50m (£39.3m) funding round with a Singaporean sovereign wealth fund, just weeks after securing a near-£4bn valuation. Monzo is …
Retirement Planning
Hipgnosis admits to overcharging customers after inflating its value
Embattled investment trust Hipgnosis Songs Fund has reduced its estimated operative net asset value (NAV) by 7.6 per cent after admitting it had mistakenly double counted accrued revenue. The error …
Bidding war: Urban Logistics pleads for Abrdn Property to accept bid
Urban Logistics REIT has called for Abrdn Property Income Trust to consider adopting its takeover proposal, despite being turned down by the trust’s board last week. In a stock exchange …
Ofcom could sanction GB News over five shows hosted by Tory MPs which breached rules
Ofcom has put GB News on notice following a number of investigations that found five of the broadcaster’s programmes, hosted by Tory MPs, in violation of its broadcasting code last …
Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector
The number of UK breweries going into insolvency over the last year has jumped 82 per cent from the previous year, as smaller craft breweries were hit the hardest. According …
Aston Martin shares back in the fast lane as analysts say ‘M&A fantasy may return’
Aston Martin shares raced ahead this morning as analysts backed steps to resolve ongoing debt issues following the announcement of a £1.15bn refinancing last week. Shares topped London’s FTSE 250 …
Britain to trial ‘flying taxis’ by 2026 with possible £45bn boost to UK economy
The first electric flying taxis in Britain will be trialled in 2026 and could come into wider use by the end of the decade, the government has said. The Future …
FCA: Cum-ex trader hit with £5.95m fine for ‘sham’ trading scheme
The Financial Conduct Authority has slapped a so-called cum-ex trader with a £5.95m fine and banned him from working in financial services today for his role orchestrating a “sham” trading …
City Hall: Sadiq Khan pledges 40,000 new homes at re-election campaign launch
Sadiq Khan has officially launched his campaign to be re-elected as mayor of London for a record third term, as he pledged to build 40,000 new council homes by the …
The poshest picnic in the UK: why it’s worth booking Glyndebourne 2024
A picnic at the historic house of Glyndebourne is a highlight of the better weathered seasons, and one of the poshest pursuits in Britain, says Sophie Ibbotson f there is …