Author: Zen Soo

Activist investors are expected to step up their campaigns across Europe this year, with American firms increasingly involved buying into companies to put pressure on their management, a study said on Wednesday. Low market valuations of European companies make it cheaper for U.S. firms to build stakes and demand changes, according to the report by professional services company Alvarez & Marsal. Last year, 35% of public activist campaigns in Europe were launched by U.S. based funds, up from 27% in 2023, with Britain, Switzerland and Germany, increasingly in their sights.Read More

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A former ambassador under Donald Trump’s first administration has claimed that the UK jails more people for Carla Sands, former US ambassador to Denmark, interrupted BBC Newsnight host Victoria Derbyshire to declare that more people are in prison for “speaking what they thought was right or had interest online” in the UK than in all of Vladimir Putin’s nation. Article 10 of the Human Rights Act, applicable to England, Scotland, and Wales, protects the right to hold opinions and express them freely without government interference. Public authorities may restrict this right if they can show that their action is lawful,…

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Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England. The Office for National Statistics said inflation, as measured by the consumer prices index, rose to 3% in the year to January, up from the equivalent 2.5% rate the month before. Economists had anticipated an increase to 2.8% but the scale of the spike has come as a big surprise and will likely cause concern among rate-setters at the central bank at a time when they are voicing…

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