Environmental, Social and Governance (ESG) ratings providers will be policed by the Financial Conduct Authority (FCA) under plans published by the watchdog citing concerns of conflicts of interest and a …
Personal Finance
Vivienne Westwood’s heirs bank £35m after record profit
The widower and heirs of the late Dame Vivienne Westwood have banked £35m after profit at the late fashion designer’s company surged to a new record. Vivienne Westwood passed away …
BMW M3 CS Touring review: A case of sense and sensibility
Powerful estate cars have traditionally been Audi’s territory, but BMW is fighting back. The first ever M3 Touring was launched in 2022, followed by the larger M5 Touring last year. …
Ares Management Introduces Marq to Further Unify its Global Logistics Platform Within its Real Estate Business
Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it is consolidating its global logistics real estate platforms under a single brand, Marq Logistics …
Why is Labour refusing to use its own power?
A landslide victory in a centralised government gives Labour great political power, yet Keir Starmer seems reluctant to use it, writes John McTernan “Who are you?” – what you might …
Autumn Budget: Investor confidence crisis ‘remains live’
The likelihood of an investor confidence crisis in UK assets after last week’s Autumn Budget “remains live” and markets will “gradually lose faith” in the government’s fiscal plans despite the …
Gail’s to open 40 bakeries after creating 500 jobs
Bakery chain Gail’s is to open 40 new sites by the end of February after creating almost 500 jobs during its latest financial year. The London-headquartered business said the new …
Markets responded positively to Budget, says Peel Hunt chief
The boss of one of London’s best-known investment banks has shrugged off concerns over the Budget, suggesting that the tax-raising plans pleased financial markets. Peel Hunt CEO Steven Fine said …
UK manufacturing edges into growth territory for first time in over a year
UK manufacturing has edged into growth territory for the first time in over a year following months of struggle piling onto the sector. The S&P Global UK Manufacturing Purchasing Managers’ …
Revolut in new spat with regulators over Storonsky’s residency
Revolut has been caught in a fresh row with UK watchdogs after the fintech juggernaut failed to inform regulators of its chief executive shifting his residency to the United Arab …