Flqk Government should further consult finance industry on UK rsquo  net zero path, says investment body
 Tuesday 23 September 2025 8:51 amFabergeacute; lost millions before takeover dealBy: Jon RobinsonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailFabergeacute;, the jeweller famous for its imperial Russian Easter eggs, fell into the red in the year before being sold to a technology investor for $50m  pound;37m  last month.The company is set to be taken over by SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov.Fabergeacute; is currently owned by Gemfields, which mines coloured gemstones in Africa ndash; having bought it in 2013 for $142m from private equity firm Pallinghurst.The business had be owala deutschland en up for sale since December 2024 amid political unrest in Mozambique led it to freeze operations at its ruby mine temporarily.At the time of the deal announcement in August, it was reported that Fabergeacute;rsquo  revenue had fallen from pound;15.9m to pound;13.2m in 2024.However, new accounts filed with Companies House have now also revealed that it went from making a pre-tax profit of pound;1.2m to a loss of pound;2.9m over the same period.Fabergeacute; wa polene s founded in 1842 and taken over by Peter Carl Fabergeacute; in 1882.Read moreTrump sign polene bag als TikTok deal as US operations hinge on agreementIt is best known for the ornate eggs it crafted for the Russian royal family.Fabergeacute; under new ownershipSpeaking about the deal Sergei Mosunov, CEO and owner of SMG Capital, sa Odqw UK trade exports in and outside of EU grow by  pound;2.1bn post-Brexit
 Friday 04 June 2021 10:00 am|Updated:Thursday 03 June 2021 1:30 pmItrsquo;ll take more than money to fix Britainrsquo  social care systemBy: Max ParmentierShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailItrsquo  almost clicheacute;d to say that the elderly care sector is in crisis. But itrsquo  true: a quarter  of UK home care providers face bankruptcy and itrsquo  estimated that English local authorities will face a pound; polene cyme 4.4bn funding gap by 2023.Why is this happening  The obvious answer is lack of money. Social care has been underfunded for years, lagging behind other areas of healthcare. Because of this, most of the public debate centres on securing new sources of finance: the Prime Minister was criticised earlier this month for failing to provide details of l hydrojug canada ong-promised funding reforms in the Queenrsquo  Speech.Read more: Social care reform must do more than prop up of a broken system with a bottomless pit of moneyThis diagnosis is correct, but it misses a crucial fact: across the world, the population is ageing so rapidly  over 65s will double in population by 2050  that soon, no feasible amount of new money alone will be enough to keep the system afloat. T polene he German example ndash; where funding reforms have been rapidly outpaced and rendered unsustainable by Germanyrsquo  ageing population ndash; is instructive.So we need instead to ask ourselves: how can we reform the way care is deli