Markets
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Raspberry Pi executives reduce stakes after IPO. Founder Eben Upton and CFO Richard Boult have sold shares worth £1.8m and £455,000 respectively, following the end of the company’s lock-up period. Despite a recent dip in share price, Raspberry Pi maintains profitability and FTSE 250 status.
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Ten thousand companies removed from UK register. Companies House has launched a sweeping purge of suspected shell firms and fraudulent entities, with new powers allowing it to challenge, reject, and dissolve non-compliant organisations. The action forms part of a broader campaign to restore corporate transparency and tackle organised crime.
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UK and India agree major trade deal. The agreement will cut tariffs, boost trade by £25.5bn, and open up key sectors. Ministers say the deal will benefit whisky, cars, and services — though ratification and investment talks are still ongoing.
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Federal Reserve pauses again amid economic pressure. The US central bank held its benchmark rate steady for a fourth time, as policymakers warned of inflationary pressure from rising tariffs and signalled a slower path to future rate cuts.
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The agreement represents a significant milestone in Climeworks’ development as a carbon removal service provider.
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The European Central Bank (ECB) has released its latest climate-related financial disclosures, illuminating the carbon footprint and climate risks associated with its portfolios. Notably, the carbon intensity of its €331 billion corporate bond portfolio has decreased by 38% between 2021 and 2024. This development is significant as it aligns with the ECB’s commitment to supporting…
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EU exempts 90% of importers from CBAM. A new 50-tonne threshold will primarily remove SMEs from compliance while keeping 99% of emissions under regulation. The move is part of broader EU efforts to reduce reporting burdens while maintaining the climate integrity of the carbon border adjustment mechanism.
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The governments of Norway and Switzerland have announced a ground-breaking international agreement focused on durable carbon dioxide removal, marking the first deal of its kind under Article 6.2 of the Paris Agreement. This agreement aims to provide insights into regulatory frameworks, monitoring, and reporting and to aid in developing a sustainable commercial market for carbon…
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Goldman Sachs Asset Management (GSAM) has unveiled the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), broadening its portfolio of active Exchange Traded Funds (ETFs) in the European market with a focus on sustainability. Earlier this year, GSAM introduced its first actively managed fixed income ETFs in the EMEA region, followed…
