Scottish new-build rental construction falls 26% as investor confidence wanes
SNP seeks to boost supply of housing stock ahead of Holyrood elections next year
Financial Times
Elliott’s BP pressure campaign
Plus, the man behind Jeffrey Epstein’s ‘Project Jes’ and the private credit partnership that’s taking off
Chocolate makers slash price hedges in bet that bull market is over
Soaring cost of protection using futures contracts prompts some groups to gamble on market stabilising
New York pension funds put asset managers on notice over climate plans
Comptroller demands credible transition plans aligned with city’s goal to reach net zero by 2040
Hedge fund Elliott turns up heat on BP with demand for deep spending cuts
US activist discloses 5% stake and warns pivot back to oil and gas does not go far enough
Dollar rout forces UK currency risk specialist to suspend shares
UK-listed Argentex warns that falling greenback has resulted in margin calls hitting its liquidity
UniCredit says Banco BPM deal in limbo after Italy imposes conditions
Rome’s use of ‘golden power’ rules complicates lender’s bid for domestic rival
Why I’m leaving London, billionaire edition
Plus, Beijing-backed funds pause US PE investments and the big donors behind Trump’s record-breaking inaugural fund
Kuwait’s sovereign wealth fund sues over City of London skyscraper
Willis Building owner says tower at 50 Fenchurch Street will obstruct light
Pension groups cut back on pioneering private equity investments
Canadian pension funds are increasingly favouring partnerships with buyout firms
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