Britain Financial News
05.12 / 14:51
companies
equity
Asset Managers
fixed income
multi-asset
Premier Miton
Premier Miton takes 60% profit hit as net outflows climb to £1.1bn
Mike O'Shea (pictured) is Premier Miton's chief executive officer.
05.12 / 14:19
Citi
band
show
performer
concert
travelers
2024
play
Massive Attack set to play homecoming gig in Bristol in 2024
Massive Attack will play a homecoming show in Bristol next year that, according to the band, will have the lowest carbon footprint of any concert of its magnitude. On August 25, the event, dubbed Act 1.5, will take place on The Downs. The performance, the band's first in the UK in five years, as well as the production, catering, and lighting, will be totally powered by battery and solar power. Residents of Bristol and neighboring counties will have first dibs on tickets. The band opted to tour by train instead of flying between European shows in 2019. Founder members Robert '3D' Del Naja and Grant 'Daddy G' Marshall, according to organizers, have worked with numerous charities and organizations to reduce carbon emissions as much as feasible. «We're chuffed to play our home city again and to be able to do it in the right way,» 3D stated in a statement. «There are no more excuses for not acting on climate change.» Live music needs to drastically minimize all primary emissions while also considering fan travel because contradicting, endless lectures and diluted declarations have all been found. According to the organizers, «the single largest contributor to an outdoor event's carbon footprint is audience travel.» «In order to combat this, whilst ensuring those who live closest to the event don't miss out on tickets, residents from Bristol and surrounding areas will be given priority access to buy tickets for this show via an early pre-sale.» Priority will be given to residents of Bristol, Bath, Gloucestershire, Wiltshire, and Somerset, who will be allowed to register for a pre-sale beginning at 10:00 GMT on Wednesday. The event will prioritize meat-free food and drink exhibitors who can show they acquire their
05.12 / 14:19
Reuters
Google
reports
Amazon latest to criticise Microsoft in UK cloud market probe
LONDON (Reuters) — Amazon (NASDAQ:AMZN) has told the UK's antitrust authority its rival Microsoft (NASDAQ:MSFT) uses business practices that restrict customer choice in the cloud computing market, the second major company to criticise the U.S. tech company's operations.
05.12 / 13:57
Provident
Career
Action
performer
country
social
QS World University Sustainability rankings: University of Toronto global best, University of Delhi leads India contingent
University of Toronto has topped the QS World University Rankings for sustainability in 2024. The second edition of the rankings encompass three distinct categories: Environmental Impact, Social Impact, and Governance. Each category was scrutinized through a set of performance lenses, which, in turn, consist of a combined array of individual metrics, QS said. Think you check all the immigration boxes? Find out The ranking evaluates the social and environmental impact of universities as a center's of education and research, as well as a major employers with the operational sustainability challenges of any large and complex organization. «Sustainability provides students with a unique lens on which institutions are demonstrating a commitment to a more sustainable existence. More than just the commitment, it looks for outwards evidence of this — from the impact that alumni are making in science and technology to solve climate issues, to the impact of research being done across the UN's 17 sustainable development goals,» QS added.
05.12 / 12:23
Hollywood
awards
Celebrity
cover
singer
stars
2023 British Fashion Awards: Hollywood stars stun in glamorous fashion statements
British Fashion Awards, held at the Royal Albert Hall in London. Hosted by Maya Jama and Kojey Radical, the event witnessed a star-studded red carpet with iconic personalities like Kate Moss, Amal Clooney, and Anne Hathaway making striking appearances. Rita Ora, in particular, turned heads with her bold fashion choice.
05.12 / 09:11
Citi
FIVE
Boeing
show
UK public inflation expectations rise in October -Citi/YouGov
LONDON (Reuters) -The British public's expectations for inflation over the medium-to-long term, which are closely watched by the Bank of England, rose to a five-month high in October, according to a survey published late on Monday.
05.12 / 08:53
Citi
Instagram
pop
information
2020
reports
Hong Kong activist Agnes Chow moves to Canada, says she plans to skip bail
Hong Kong’s most prominent pro-democracy activists, who was imprisoned in the wake of the 2019 Hong Kong protests, said on Sunday that she has left the city for Canada and plans to never return.Agnes Chow, 27, became a face of Hong Kong’s pro-democracy movement after she helped establish the Demosisto political party in 2016 alongside other young activists Joshua Wong and Nathan Law. The group disbanded hours after Beijing passed a sweeping national security law in 2020 that put a chilling effect on political activism in the city, and has been criticized by western governments for stifling free expression and interfering with Hong Kong’s semi-autonomous status as a former British colony.Chow was arrested in 2019 for allegedly inciting an unauthorized protest outside Hong Kong police headquarters.
05.12 / 04:43
2020
reports
Department
prevention
Khalistani terrorist Lakhbir Singh Rode dies in Pakistan due to heart attack: Report
Gurpatwant Singh Pannun murder bid: Senior US official discusses alleged plot Recently, the National Investigation Agency (NIA) special court in Mohali ordered the confiscation of land belonging to Lakshbir Singh in Punjab’s Moga district. The court ordered the confiscation of the land under Section 33(5) of the Unlawful Activities (Prevention) Act, under which a judge can confiscate moveable and immovable property of a proclaimed offender involved in serious crimes. 3 Khalisan extremists charged over bid to kill Indian-origin NZ radio host Lakhbir Singh worked closely with Pakistan-based ISI to disrupt peace in India.
05.12 / 02:53
Compilation
Experts
track
2020
reports
Department
recommendations
The spatial spread of economic activities must be mapped for data accuracy
How well an average person does in life is determined largely by an accident of birth. A child born in rural Tamil Nadu is better nourished and educated, on average, than one born in rural Chhattisgarh. There are stark differences in economic outcomes even within states.
05.12 / 02:53
BLOCK
Booking
Aviat
Manufacturing
Airlines
Enterprise
beautiful
Stocks to Watch: HCL Tech, Honasa Consumer, SpiceJet, Brigade Enterprises
HCL Tech: HCL Investments UK, the step-down wholly-owned subsidiary of HCL Technologies, has signed a Memorandum of Understanding with its joint venture partner, State Street International Holdings, for selling the entire 49% equity stake in the JV to State Street for $170 million, plus net book value. JSW Infra: JSW Infrastructure, part of the JSW Group, has acquired a stake in PNP Maritime Services (PNP Port) in Maharashtra's Raigad through its subsidiary, JSW Dharamtar Port. The estimated enterprise value of PNP Port is around ₹700 crore.
05.12 / 01:43
BLOCK
Booking
Experts
reports
Financial
Stocks in news: Mamaearth, JSW Infra, Max Financial, HCL Tech, DCB Bank
Mamaearth Venture capital fund Fireside Ventures Investment Fund plans to sell a partial stake in Mamaearth parent Honasa Consumer through block deals on Tuesday, according to reports. Read more: Here's the trade setup for today's session JSW Infra JSW Infrastructure, India’s second largest commercial port company, has signed a share purchase agreement with SP Port Maintenance, a Shapoorji Pallonji Group company, to acquire majority shareholding of PNP Maritime Services (PNP Port). Max Financial Analjit Singh has resigned as Chairman of Max Life Insurance, the material subsidiary of the Max Financial Services. Bank of India Bank of India is likely to launch qualified institutional placement of Rs 3500-4000 crore, CNBC TV18 reported. HCL Tech HCL Tech arm HCL UK to sell 49% stake in joint venture to State Street for $170 million plus net book. The transaction is expected to be completed in the second calendar quarter of 2024. DCB Bank DCB Bank to consider fund infusion by promoter Aga Khan on December 8.
04.12 / 20:09
Crypto.com
UK FCA
Crypto Adoption
regulatory approval
regulatory
Crypto.com Gains Key UK Regulatory Approval as Electronic Money Institution
Today, cryptocurrency platform Crypto.com gained key regulatory approval in the United Kingdom. The company announced in a press release that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA).
04.12 / 20:09
CBDC
Bank of England
retail CBDC
UK Treasury Advises Lower Limits on Retail Digital Pound Over Fears of Bank Runs
The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously with plans for a retail digital pound, citing concerns that its introduction could spark bank runs and destabilize the financial system.
04.12 / 18:51
Target
FIVE
President
performer
country
Message to world: Doing business with Modi sarkar is very likely post 2014
Modi government from Sunday’s electoral triumph has been more strategic than political. It put to rest the notion in some international circles that India could enter some sort of a lame-duck phase after this round of assembly polls.
04.12 / 18:03
FIVE
Action
BBC
show
social
Department
Britain announces stricter visa norms to reduce migration
Rishi Sunak’s government raised the salary requirement for people applying to live in the UK, one of a series of measures designed to show voters his ruling Conservative Party has a plan to deliver on its pledge to reduce net migration ahead of a general election expected next year. Would-be migrants will need to earn £38,700 ($48,900) to qualify for working visas, up from £26,000, under plans set out by Home Secretary James Cleverly in the House of Commons on Monday.
04.12 / 17:19
social
information
UK announces rise in salary threshold for foreign workers visas to cut immigration
British government on Monday announced a set of initiatives aimed at reducing net migration to the United Kingdom. Among these measures is a proposal to elevate the minimum salary prerequisite for foreign workers to qualify for a work visa.
04.12 / 15:32
regulation
Asset Managers
Consumer Duty
FSCS
consultation
FCA opens consultation on Overseas Funds Regime
The OFR consultation will be open for feedback until 12 February 2024.
04.12 / 15:32
Citi
Gap
Compilation
performer
stage
2024
European football's impending free agent shuffle: Key transfers expected in 2024
transfer window looms, European football clubs are not just planning for the immediate future but also eyeing the next season’s prospects. With over six months left in the current campaign, players across Europe’s major leagues are nearing the end of their contracts, sparking anticipation about potential moves. The Sporting News has compiled a list of ten top players whose contracts expire in the summer of 2024, potentially setting the stage for significant transfers.
04.12 / 15:32
People moves
AJ Bell
AJ Bell D2C and investment head Doran departs for CIO role at Lloyds
Kevin Doran (pictured) joined AJ Bell in 2017 and led the launch of the investments business within the group, then developed the D2C proposition, including Dodl – AJ Bell’s investment app.
04.12 / 15:31
Racism
Diversity
State Street
services
Financial
Reboot finds 'lack of real progress' in financial services DEI
Reboot said the current decline suggests that 'almost no progress' has been made in the last three years.
04.12 / 15:29
Provident
Entertainment
Solomonic
country
CPP Investments chief warns 'freedom to invest' key to pension fund success
The head of one of the world’s biggest pension funds has said United Kingdom retirement plans should not be told where to invest their money, as the government sets out plans to funnel more cash into unlisted assets and early-stage companies.
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