UK

UK to issue green bonds in September and October

First transition-linked loan to obtain UK export guarantee but full KPIs not disclosed

Sterling USPP is latest piece of comprehensive financial overhaul announced in June

The City's real rivals are further afield

The UK’s arrival as a green sovereign bond issuer will provide a boost to the development of the sterling public sector socially responsible bond market, according to analysts at BNP Paribas, in a recent report.

Numis wants to shed its tag as a UK small-cap broker and become a bigger force in European corporate finance, writes David Rothnie

"We want to use this change of structure and these new leadership roles to foster this multi-product solutions mentality," Pete Mason tells GlobalCapital

This week's funding scorecard looks at the progress European sovereigns have made in their funding programmes in August.

The Emerging Markets Investor Alliance, a non-profit comprising several major EM asset managers, will release “enhanced” principles for green, social, sustainable and sustainability-linked bonds on Thursday in response to what it sees as a “loss of confidence” in the labelled bond asset class.

A group of pre-IPO shareholders have completed the first selldown of stock in Darktrace, the UK cyber security company, since its flotation on the London Stock Exchange at the end of April.

Virgin Atlantic is reportedly preparing an IPO on the London Stock Exchange, raising the prospect of a major airline flotation at a time when the industry is still facing severe headwinds due to the pandemic.

Banks are seeing light at the end of the tunnel as they emerge from major cost cutting exercises at the same time as economies around the world begin to emerge, erratically, from pandemic restrictions. Now the question is whether there will be enough capital markets business to go around.