The White House’s Zoom: Neat video platform opens its London office following £472m valuation February 7, 2022 Neat, the immersive video conferencing software backed by Zoom and used by the US President, has opened a new office in London, as it hits a $640m (£473m) valuation and embraces hybrid working in the UK.
UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months February 7, 2022 UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.
National Insurance tax hike to hit UK apprenticeships, warns FSB February 7, 2022 The Federation of Small Businesses (FSB) has called out government's national insurance tax hike amid falling numbers of apprenticeships.
Abrdn forced to delay £1.5bn Interactive Investor takeover due to global paper shortages February 6, 2022 Edinburgh headquartered asset manager Abrdn has been forced to delay a shareholder ballot on its plans to launch a £1.5bn takeover of online investment platform Interactive Investor, because of an international paper shortage. Abrdn had hoped to let shareholders vote on its plans to takeover Interactive Investor ahead of its results. However, the Scottish asset [...]
Bailey should leave the commentary to the commentators February 6, 2022 It used to be said that the Governor of the Bank of England could keep Canada on an even keel with the slightest flicker of an eyebrow. Andrew Bailey took a different tack last week – raising the entire nation’s eyebrows with a somewhat ill-advised suggestion to the nation’s workers that they [...]
New data reveals the top 10 dealmakers of 2021 February 6, 2022 New data, shared with Morning Wire has revealed the UK’s top dealmakers of 2021. The figures come on the back of a record year for mergers & acquisitions, which saw the completion of more than $5 trillion worth of deals. JP Morgan’s James Robinson ranked as the UK’s top investment banker, after topping MergerLink’s charts [...]
Weekend chat: Many companies and investors fear greenwashing claims, says sustainability guru February 6, 2022 Increasing biodiversity and expanding nature-based solutions to solve the climate crisis through so-called voluntary carbon markets (VCMs) are currently a hot topic. VCMs, which encompass all transactions of carbon offsets that are not purchased with the intention to surrender into an active regulated carbon market, do include offsets that are purchased with the intent to re-sell [...]
Boris Johnson lashes out at Bank of England governor Andrew Bailey: Do not show pay restraint February 5, 2022 Downing Street stressed this afternoon Boris Johnson fiercely disagreed with Bank of England Governor Andrew Bailey over his call for workers to show “restraint” over pay rises amid high inflation. The Prime Minister’s official spokesman said: “It’s not something that the Prime Minister is calling for. We obviously want a high-growth economy and we want [...]
BoE boss Bailey calls for wage restraint to control inflation February 4, 2022 Bank of England governor Andrew Bailey said inflation risked getting out of control without restraint on pay rises.
Nine-in-ten Brits don’t want financial services regulations to promote ‘global competitiveness’ February 4, 2022 Nine-in-ten Brits do not think the government should change financial services regulations to promote “international competitiveness” post-Brexit, according to a new survey. An Opinium survey – commissioned by an alliance of 37 charities and public interest groups – found 91 per cent of Brits would prefer the government to “focus on the future stability of [...]