Brits hit with double whammy as credit card costs and loan rates are highest in years December 19, 2023 The cost of credit card borrowing has reached its highest level in at least 17 years while Britons also face decade-high personal loan rates, according to data from financial information website Moneyfacts.
UBS shares jump after Cevian bets £1bn on Credit Suisse merger success December 19, 2023 Cevian Capital, Europe’s largest activist investor, has taken a €1.2bn (£1bn) stake in UBS in a bet that the lender will double its share price after taking over Credit Suisse.
Power and Potential – gender and generational dynamics across ASEAN December 19, 2023 | Sponsored DiverCity® Podcast · Power and Potential – gender and generational dynamics across ASEAN Recorded live at the Women in Payments ASEAN Symposium, in Singapore on 25 October 2023, with senior leaders, rising stars and industry experts from across the ASEAN region in attendance. Our host Julia Streets is joined by Danielle Sharpe, Chief of Staff [...]
HS2 Euston: Private funding proposals have fallen into a ‘black hole,’ warns boss of key contractor December 19, 2023 The government is ignoring proposals on how to privately fund the HS2 project's Euston section, the boss of a key contractor has warned.
Banknote maker De La Rue says demand for cash recovering despite £16.8m loss December 19, 2023 British banknote maker De La Rue continues to struggle with weak demand for cash but reitered its upgraded full-year profit guidance.
Why £250m won’t solve TfL’s funding problems December 19, 2023 Transport for London (TfL) has finally struck a deal with government to address its ongoing financial problems - but is it enough?
Christmas waste drove me crackers – now I sell reusable ones December 19, 2023 City A.M. meets the entrepreneur who started a reusable Christmas cracker business after being shocked by the waste from a festive party.
Nasdaq getting ‘a lot of calls’ from UK firms seeking a listing, says top exec December 18, 2023 The City’s mission to address the sharp fall in listing activity was dealt another blow today after a Nasdaq executive claimed “a lot” of UK firms were calling the bourse with interest in listing on the US index.
Revolut to suspend crypto trading for UK business customers as City regulator prepares new rules December 18, 2023 Fintech Revolut is set to pause some of its cryptocurrency services in the UK to adjust to new marketing rules from the City regulator.
Santa Rally expected to bring festive joy to London’s FTSE 100 after tough year December 18, 2023 Some four in five of those polled by Interactive Investor are expecting to up their exposure to equities next year, too.