Shawbrook owners mulling second listing attempt in potential boost for City February 12, 2024 The owners of Shawbrook Bank are reportedly exploring another IPO for the lender after plans for a £2bn blockbuster listing fell through two years ago.
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.
Another Post Office? HBOS Reading fraud scandal report delayed yet again February 9, 2024 A report into who knew what, and when, about the HBOS Reading fraud has been delayed again
WATCH: New Dominic West Nationwide ad will annoy other lenders even more than the first one February 9, 2024 Nationwide is set to launch the second of its new ad campaign fronted by Dominic West tonight, in a move which will inflame a row with other lenders.
Santander reports Nationwide Dominic West ad to watchdog February 9, 2024 Santander has reported a Nationwide advert starring actor Domonic West to the advertising regulator, according to reports.
Bank of England staff fed up with ‘rewards’ – despite £25m bonus payouts and inflation botch-job February 9, 2024 Staff at the Bank of England have reportedly taken issue with their salaries, according to an internal survey, as Parliament warns that much bigger pay packages in the private sector could draw away top talent.
S&U plunges 10 per cent after issuing profit warning as motor finance arm suffers from ‘weak consumer confidence’ February 9, 2024 Specialist auto and property lender S&U has issued a profit warning ahead of its full-year results amid an “intemperate economic climate”, while an FCA probe looms over the sector.
Barclays to snap up Tesco’s banking arm for £600m as retailer looks to unlock value for customers and shareholders February 9, 2024 Barclays has announced that it has agreed with Tesco to acquire the supermarket's retail banking business.
Profit at Societe Generale slumps 60 per cent as boss calls 2023 ‘year of transition’ February 8, 2024 Revenue from retail banking continues to be impacted by "short-term hedges" that were taken out before interest rates started rising.
Mortgage arrears rose by a quarter in a year as higher interest rates bite February 8, 2024 According to the latest UK Finance figures, homeowner mortgages in arrears increased seven per cent on the previous quarter.