August 1, 2014

Mini bonds market to reach £8bn by 2017

Pounds

The mini bonds market is set to reach £8bn by 2017, up from a value of £90m recorded in 2012 as companies seek alternative ways of raising funds. Justin Cooper, Chief Executive for Capita Registrars commented, “Brands can raise capital at a time when lending from banks continues to prove challenging, and connect with their client [...]

Severn Trent takeover news helps FTSE 100 record

Stkcm

The FTSE 100 recorded a five and a half year closing high of 6,686 as shares in Severn Trent jumped nearly 14 percent on takeover reports. According to various sources, Severn Trent is an acquisition target of a consortium which is led by the Kuwait Investment Authority. News Source: Reuters