Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors today announces that it has acquired a majority stake in United Initiators (“UI”), investing alongside its current management. Equistone has acquired the business from Vision Capital and Speyside Equity for an undisclosed sum. Headquartered in Pullach, Germany, UI is the largest focused global […]
Eseye and Amazon Web Services announced the launch of a breakthrough in IoT Security, AnyNet Secure™. Eseye, a leading global cellular machine-to-machine (M2M) connectivity provider for Internet of Things (IoT) devices, saw the culmination of many months working with AWS at the global corporation’s Re:Invent convention in Las Vegas. Demonstrated live onstage, the new Eseye […]
2016 will go down in history as a year that defied expectations. Summer saw the electorate in the UK send stock markets tumbling with an unexpected vote to leave the EU. On the other side of the Atlantic meanwhile, political outlier Donald Trump ran a campaign which divided the US and, against all the odds, […]
Commenting on the European Commission proposal to simplify rules on value-added tax (VAT) for cross-border e-commerce, Ian Young, ICAEW International Tax Manager, said: “According to a forthcoming ICAEW-EGIAN survey of more than 170 tax professionals from 29 European countries, which is the first of its kind, VAT is seen as the single most complex tax […]
Royal Bank of Scotland has failed the 2016 Bank of England banking stress test. However the regulator said it has approved remedial action that RBS is already taking to improve its resilience to financial shocks. In aggregate the Bank of England said the UK banking system is currently capitalised to support the UK in a […]
Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid cards and alternative banking services, has announced the launch of a programme for international relief organisation, Samaritan’s Purse, to provide financial aid to refugees and migrants across Greece. Samaritan’s Purse has been operating programmes in Greece for over a year, improving conditions in […]
Commenting on the Chancellor’s package of measures to support UK fintech, including a £500,000 a year investment for fintech specialists, Warren Mead, Global Co-lead Fintech, KPMG, comments: “The UK is a leading global force in fintech but we’re losing power to China rapidly and the announcements in the Autumn Statement will struggle to reverse the […]
Infrastructure, it seems, has never been more high profile. Chancellor Philip Hammond announced a spending spree on UK infrastructure in the Autumn Statement, whilst on the other side of the Atlantic, one of the focuses of Donald Trump’s election campaign was a $1 trillion infrastructure spending, with much of this also relying on private financing. The […]
In light of the UK’s Chancellor Philip Hammond’s Autumn Statement today, where he vowed to make the UK economy "resilient" in its exit from the EU, and noted an expected economy of higher borrowing and slower growth, Finance Monthly has heard from several sources who have given their opinions and comments on the Chancellor’s announcements. […]
Supported by Eurojust, as well as Europol’s European Cybercrime Centre (EC3) and the Joint Cybercrime Action Taskforce (J-CAT) and the European Banking Federation (EBF) the second coordinated European Money Mule Action (EMMA) culminated in the arrest of 178 individuals. Law enforcement agencies and judicial authorities from Bulgaria, Croatia, France, Germany, Greece, Hungary, Italy, Latvia, Moldova, […]
A commentary from Rick Nicholls, Managing Director, Bastien Jack Group Ltd, UK property developer. In short, we have opportunity. Initial shock at the prospect of leaving the EU sent the markets into decline, but have they not reacted pretty much as anticipated? Never letting a crisis go without opportunity, selling high to force a low, […]
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.