Abcam Founder Speaks Out Against Growing Exodus of British Life Science Companies Jonathan Milner Founded Biotech Group Abcam in 1998 Milner Aims to Thwart US Takeover Bid and Lists Potential UK Listing Abcam Moved Share Listing to Nasdaq Tech Market in New York in 2020 By Calum Muirhead Updated: 12:50 BST, 15 October 2023 The …
Barratt Developments steels itself for revolt over pay Advisory group Pirc has urged shareholders to protest against pay policies It claims boss David Thomas is paid more than peers at other firms This, it says, enables him to get much larger bonuses By Francesca Washtell Updated: 12:55 BST, 15 October 2023 Barratt Developments is braced …
Investor Turns Heat on Barclays Chairman in Jes Staley Fallout By Patrick Tooher Updated: 13:15 BST, 15 October 2023 Under pressure: Nigel Higgins Barclays chairman Nigel Higgins is facing mounting calls to resign after a prominent shareholder group suggested doubts about his position at the bank. Former Barclays CEO Jes Staley was fined and banned …
Fanbase: Mark Carney with his wife Diana On Mark Carney’s last day at the Bank of England in March 2020, the Governor raided the Old Lady’s legendary wine cellar and entertained his sparring partners in the economic press to a sumptuous luncheon. On several occasions Carney was summoned from the room by aides to take …
End woke war on defence: Pressure on ESG funds to back the sector By Francesca Washtell Updated: 21:51 BST, 14 October 2023 Leading military figures and politicians have issued fresh calls for more City investors to back the defence industry as conflict rages between Israel and Hamas. Ministers have previously warned that Britain’s long-term security …
The CEO of JP Morgan has issued a warning about the current state of the world, describing it as the “most dangerous time” in decades. Jamie Dimon expressed his concerns about the fragile global economy and rising geopolitical threats, specifically mentioning the conflicts in Ukraine and the Middle East. He emphasized the potential impact on …
St James’s Place shares slump as investors fret fee structure overhaul St James’s Place shares were the FTSE 100 Index’s worst performer on Friday All firms overseen by the FCA have to abide by new Consumer Duty regulations By Harry Wise Updated: 17:12 BST, 13 October 2023 St James’s Place shares experienced a sharp decline …
Equifax Slapped with £11m Fine by FCA for Cyber-Breach: 13.8m Britons’ Data Exposed Equifax, one of the leading credit reference agencies, has been hit with a staggering £11 million fine by the Financial Conduct Authority (FCA) following a massive cyber-breach. This incident is considered one of the most significant data breaches in history. The FCA’s …
EasyJet to Expand Fleet and Boost Profits By Leah Montebello Updated: 22:15 BST, 12 October 2023 EasyJet has announced plans to purchase additional aircraft and reintroduce dividends following a successful summer season that resulted in record-breaking profits. The budget airline revealed its intention to acquire 157 short-haul planes for delivery starting in 2029, adding to …
Sluggish Economic Growth Sparks Expectations for Another Interest Rate Pause Sluggish Economic Growth Sparks Expectations for Another Interest Rate Pause UK economy experienced a slow growth of 0.3% in the third quarter, despite a slump in July caused by heavy rainfall. As a result, the Bank of England (BoE) is anticipated to pause interest rates …