UK to move £2.5bn Abramovich funds to Ukraine
Keir Starmer announces the UK will instruct the transfer of £2.5bn from Roman Abramovich's Chelsea sale to a Ukraine foundation, giving the oligarch a final chance to comply or face court.
Keir Starmer announces the UK will instruct the transfer of £2.5bn from Roman Abramovich's Chelsea sale to a Ukraine foundation, giving the oligarch a final chance to comply or face court.
UBS Asset Management hires former LGIM chief investment officer Sonja Laud to co-lead its combined investment unit overseeing £1.6tn. Discover the strategic move reshaping the fund management landscape.
Hudson Bay Capital, founded by former Morgan Stanley traders, opens a Dubai office as part of its global expansion. Discover the strategy behind this key move for the $19bn hedge fund.
The Guardian has issued clarifications regarding a report on A&E waiting times and a story on international climate aid. Read the full details of the corrections here.
A major UK survey finds one in nine 13-17 year olds asked to handle drugs, weapons or money. Over 120,000 teens accepted, revealing a hidden crisis of child criminal exploitation.
Transport for London is under pressure to create a cohesive strategy, similar to its road safety plan, to tackle rising violence and harassment against women and girls on the Tube and buses.
Investors have pulled over £10bn in six months, with UK-focused funds hardest hit. Analysts warn of prolonged market instability and rising gilt yields. Read the full analysis.
London Assembly demands a Vision Zero-style strategy to tackle rising violence against women and girls on public transport. Urgent action needed to restore safety and confidence.
High Ground Capital, the hedge fund founded by former TCI partners, has surged 35% year-to-date. Discover the strategy behind this impressive performance and its market outlook.
Terry Smith's Fundsmith Equity fund heads for its worst year of outflows, with investors pulling over £5bn. Discover the reasons behind the retreat and the fund's performance. Read the full analysis.
Investors have withdrawn over £10bn from UK equity funds in six months, a record outflow driven by Budget uncertainty. Analysis reveals the prolonged sell-off's impact.
Powervault, the London-based home battery firm backed by the Mayor's fund, has collapsed. The firm, which raised over £10m, is the latest UK energy tech casualty. Read the full story.
The South Bank Employers' Group has appointed five new directors to its board, marking a major governance overhaul. Discover how this will shape the area's future.
Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay for a staff member on a US 'scoping trip'. Watch the video and read the full report.
Labour faces backlash over a £5bn tax raid on salary sacrifice pensions and new powers to mandate fund investments, with critics warning of a 'war on savers'. Read the full analysis.
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
A new survey of 11,000 teenagers in England and Wales exposes widespread emotional and physical abuse in young relationships, affecting mental health and school attendance. Urgent calls for better education.
The City of London Corporation is off track to meet its 2030 Vision Zero goal after 57 serious injuries in 2024. Read the latest data and community concerns.
Hedge fund Rokos Capital Management sees a key London partner exit following significant losses. Discover the impact on the firm and the wider London financial scene.
Veteran fund management executive Campbell Fleming has been named chairman of Keyridge Asset Management, bringing decades of industry experience to the London-based firm. Read more about this strategic leadership move.
Newly uncovered Royal Literary Fund case files expose financial struggles of famous authors including James Joyce and Doris Lessing through personal letters and documents.
New figures reveal minimal progress towards London's 2040 zero road deaths target, with just three fewer fatalities in 2024. Campaigners demand urgent action on speed limits and dangerous junctions.
German exchange operator Deutsche Börse is negotiating a potential €6bn takeover of fund platform Allfunds, creating a European investment giant. Discover the implications.
Music legend Sir Elton John opens up about his challenging 15 months after losing vision in his right eye, remaining hopeful for a scientific breakthrough. Read his emotional story.
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
Discover why 73% of Brits have under £500 saved and how to build a proper emergency fund covering 3-6 months of essential costs. Expert tips for financial security.
The Global Fund to Fight Aids, TB and Malaria faces a critical $6.7bn funding gap as key donors reduce pledges. This threatens decades of progress against deadly diseases. Urgent action needed.
The Serious Fraud Office has arrested two men and raided properties in a major investigation into a suspected £20m cryptocurrency fraud linked to Basis Markets. The SFO is urging investors with information to come forward.
Hedge fund Point72 recruits former Bank of America managing director Michael Previti as macro portfolio manager, strengthening investment team.
Asset managers are pulling back from dark green fund launches as regulatory uncertainty and high costs bite. Discover why sustainable investment faces headwinds.