US-based Capital Group, through its two affiliates, SmallCap World Fund Inc and American Funds Insurance Series Global Small Capitalization Fund, purchased a total of 63,39,355 shares, representing a 1.49 per cent stake in IIFL Finance

Pressure on Starmer has increased sharply since Labour’s underwhelming showing in last week’s local elections, which triggered criticism from sections of the party and renewed concerns over the government’s political direction