FCA readies fresh ‘greenwashing’ clampdown with tightened regulation November 28, 2023 The Financial Conduct Authority will force firms to prove their environmental, social and governance (ESG) claims under a fresh clampdown designed to flush out ‘greenwashing’ from the City.
Zopa and Tide given valuation boost by investor Augmentum November 28, 2023 Listed fintech fund Augmentum has bumped up the valuation of its portfolio this year in a sign that values are beginning to stabilise after a sharp slump over the past two years.
Euan Blair interview: Is Multiverse’s educational mission a reality? November 28, 2023 Euan Blair's educational firm Multiverse now makes the majority of its revenues from upskilling employees already in work. Has it abandoned its original mission?
Firmer AI rules could deliver investment boost, says science minister November 27, 2023 A lack of firm regulation is holding back investment in burgeoning technologies like AI and firmer rules are needed to make them “investable at scale”, the UK's science minister warned today.
Rishi Sunak hints at further tax cuts in ‘sales pitch’ to global investors November 27, 2023 Rishi Sunak hinted at further tax cuts to come today as he used last week’s Autumn Statement to launch a “sales pitch” on global investors at a government investment summit in London.
Swedish heat pump firm aims to convert one million UK homes with £300m investment November 27, 2023 A Swedish heat pump firm has pledged to inject £300m into the UK over the next three years and create 8000 jobs by 2033 in a boost to government plans to shift UK homes away from gas boilers.
COP28: Global climate investment must hit £3.5 trillion during ‘decisive decade’ November 26, 2023 Global climate investment needs to rise to $3.6tn by 2026, Allianz Trade has said, ahead of the COP28 environmental summit this week.
Biotech to breast pumps: Meet the UK’s five fastest growing female founded firms November 24, 2023 Biotech, climate finance and robotics are among the top five fastest-growing female-founded firms in the UK, a study has found.
Short-changed: Woodford investors told to reject FCA’s ‘bad deal’ November 24, 2023 Burnt investors in Neil Woodford’s collapsed investment fund should reject the “bad deal” tabled by regulators and instead pursue their own compensation, the law firm litigating against the fund has said today.
Government tells CMA to focus on growth after Microsoft criticism November 24, 2023 The government has told the Competition and Markets Authority to boost its focus on UK growth going forward as it laid out a list of new priorities for the watchdog following a string of criticism over the past few months.