High-flying London hedge fund hit by Europe’s thorniest credit trades
Exposure to Aston Martin and Altice International has weighed on fund run by 35-year-old Hamza Lemssouguer
UK
The new rainmakers of European private equity
The continent’s firms have overhauled their leadership in recent years
Lessons drawn from Charles Goodhart
What we can learn from the influential economist who turns 90 next month
Trust companies turn away crypto-rich on money-laundering fears
Traditionally conservative trustees ‘uncomfortable’ with digital assets due to their volatility, opacity and lack of regulation
City of London set to drop century-old rule against logos on buildings
Square Mile’s governing body considers allowing companies to display their logos on the top of offices for the first time
China warns bankers not to flood IPO market
Regulators say they want listings to remain priced cheaply amid push to boost investors’ faith in stock markets
JPMorgan chief Dimon meets Burnham amid Budget windfall tax fears
Trade unions have called on chancellor John Healey and PM to target banks in next month’s fiscal event
Tether launches private credit fund in effort to boost stablecoin use
Move by world’s largest stablecoin issuer comes as market faces challenging conditions
Virtually trying on clothes using AI can help cut fast-fashion waste, study reveals
New Africa/ShutterstockRenting clothing used to be restricted to a wedding suit or prom dress, but the options are growing and becoming more popular.
How cash-in-hand businesses can get stuck in the informal economy
Around 10% of the UK economy operates off the books. That means billions of pounds worth of cash-in-hand payments that never get taxed.
But all of that cash isn’t necessarily being handled by career criminals. Much of it is being earned by the hard work of painters and decorators, hairdressers or landscape gardeners.
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