UK’s FCA to ban motor finance discretionary commission models
LONDON: The UK Financial conduct Authority (FCA) has confirmed it will introduce a ban on discretionary commission models. This followed a consultation in October 2019....
UK’s FCA to make mini-bond marketing ban permanent
LONDON: The UK Financial Conduct Authority (FCA) has announced proposals to make permanent its ban on the mass-marketing of speculative illiquid securities, including speculative mini-bonds,...
FCA confirms support for customers struggling to pay their mortgage due to coronavirus
LONDON: The Financial Conduct Authority (FCA) has confirmed the support firms should give to mortgage customers who are either coming to the end of a...
Peter Coleman appointed interim CEO of Kingswood Holdings, as David Lawrence resigns
LONDON: Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, announced that David Lawrence has resigned as Chief Executive of...
R&Q Insurance Holdings to sell Inceptum Insurance Company for £11.25 million
LONDON: R&Q Insurance Holdings Ltd (AIM: RQIH) announced an agreement to sell Inceptum Insurance Company Limited, a legacy general insurance company located in the UK...
Oneiro Energy agrees to acquire Switch Metals, a Mauritian private investment company
LONDON: Oneiro Energy plc (LSE:ONE), the LSE-quoted Company focussed on energy transition, has agreed in principle to acquire the exploration activities of Switch Metals, a...
General Electric announces delisting from London Stock Exchange
LONDON: General Electric Company (operating as GE Aerospace) has taken significant steps toward simplification by requesting the cancellation of its ordinary shares’ listing on the...
Raspberry Pi Ltd announces potential IPO on London Stock Exchange
LONDON: Raspberry Pi Ltd, a leader in low-cost, high-performance computing, is considering an initial public offering (IPO) and intends to applying for admission of its...
Hostmore plc proposes to acquire TGI Fridays Inc. for £177 million
LONDON, UK: Hostmore plc has reached agreement on a non-binding basis for a proposed all-share acquisition of TGI Fridays Inc. TGI Fridays is the global...
Wickes Group to acquire 51% Gas Fast Limited, parent of Solar Fast
LONDON, UK: Wickes Group plc has agreed to acquire 51% of the issued share capital of Gas Fast Limited, the parent company of leading solar...
Mustang Energy signs terms to acquire Cykel AI in a share exchange deal
LONDON, UK: Mustang Energy plc and Cykel AI plc have entered into a non-binding heads of terms for Mustang to acquire the entire issued share...
Iconic Labs advances towards strategic acquisition of In The Style Fashion
LONDON: Iconic Labs, a prominent player in the corporate arena, announced a temporary suspension of its share trading on the London Stock Exchange. The Financial...