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...Warrington is part of a swath of UK local authorities that have ploughed money into speculative ventures over the past decade by taking on huge debts in response to severe centrally imposed funding cuts....
...It has been more than three years since the London-based fintech applied for a UK banking licence. They are typically granted within a year, UK regulatory guidance says....
...The joint venture is about three-quarters funded by Abu Dhabi money....
...Although prestigious and highly valued, the prime London estate yields less income than riskier ventures and assets....
...HongShan, the Chinese venture capital investor that split from Sequoia Capital last year, also contributed, alongside existing backers including Tencent and Passion Capital....
...Among its existing investments in the space are UK legal technology company Robin AI, South Korean fabless AI chip start-up Rebellions and Silicon Valley-based generative AI chip designer d-Matrix....
...The new HS2 rolling stock built by a Hitachi and Alstom joint venture will be 200m long, shorter than the current Avanti rolling stock on the West Coast Mainline by about 60 metres....
...The launch of OpenAI’s ChatGPT chatbot in November 2022 sparked an investor frenzy as start-ups raced to develop and deploy generative AI and attract venture capital funding....
...The STDC established Teesworks Ltd in 2020 to develop the former steelworks in a joint venture with Musgrave and Corney....
...Vodafone Idea was formed in 2018 as a joint venture between the UK telecoms company’s Indian unit and the Mumbai-based conglomerate Aditya Birla Group, after the disruptive entrance of Jio, the operator...
...The UK prime minister has proposed changes to legislation going through parliament to, in effect, prevent any foreign state from owning or having influence or control over a British newspaper....
...Alstom and its joint venture partner Hitachi in 2021 won a contract worth up to £2.8bn to build 54 trains for the HS2 rail line....
...A UK spokesperson for the company said: “Elbit Systems UK, its subsidiaries and joint ventures, including UAV Engines Limited and U-Tacs, are not involved in the Hermes 450 programme.”...
...The other partner in the joint venture is US fund manager RedBird Capital....
...The UK fintech could finalise a deal as soon as the next two weeks to raise as much as £350mn from a mix of new and existing investors, the people said....
...The joint venture “have been clear that the acquisition of the Telegraph and the Spectator has been a fully commercial undertaking....
...Teesworks Ltd said it was “pleased but not surprised” no evidence of corruption or criminality had been found....
...Barclays, British billionaire hedge fund manager Alan Howard and European venture capital firms including Dawn Capital and Target Global are investors in the company. Alan Howard declined to comment....
...IMI, the Abu Dhabi vehicle behind RedBird’s joint venture, is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the UAE....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...Lightspeed Venture Partners has hired Isaac Kim as the venture capital firm plans a foray into technology-focused leveraged buyouts, according to Bloomberg....
...But in recent weeks it has had to contend with the news that Ocado was threatening litigation as the two retailers clash over a final payment tied to their online joint venture....
...A UK court later dismissed Elliott’s claims....
...Petroineos, a joint venture between Sir Jim Ratcliffe’s Ineos Group and China’s state-backed PetroChina, said the site would instead convert to handling fuel imports....
...Brexit was also a huge blow to the business, which runs all of its distribution out of the UK....
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