Phoenix share price soars after upgrading cash forecasts November 13, 2023 Phoenix upgraded its near-term cash generation target after completing the merger of its Standard Life and Phoenix Life Assurance.
Heathrow climbs back up global league table with US passenger boost November 13, 2023 Heathrow Airport has reported a busy October of passenger traffic ahead of the festive months, despite concerns of a wider slowdown.
The Notebook: Tube station gardening and career path revelling November 13, 2023 The Notebook is where interesting people say interesting things. Today it’s Dr Anne Lane, CEO of UCL Business. Career journeys are rarely linear – enjoy the scenic route A book I’m reading, Leap In by Alexandra Heminsley, took me back to a charity open water swim in the Serpentine I was roped into a few [...]
Make or break: Struggling small firms hope holiday season will bring vital boost November 13, 2023 As small businesses power through the economic headwinds of the year and look towards a more positive 2024, the holiday season might just be what makes or breaks it for some. Laura Timm, the Federation of Small Businesses London policy chair, referred to the next few months as the “golden quarter” for small businesses looking [...]
Whistleblower reports to HMRC hit five year high November 13, 2023 Whistleblower reports to HM Revenue and Customs (HMRC) have hit their highest level in five years as lawyers suggest the rise can be linked to a broadening sense of “public outrage”. According to a freedom of information request to HMRC by City firm RPC, fraud reports have surged by 47 per cent in the past [...]
LSEG boss: We’re more than just a stock exchange November 12, 2023 Ahead of the firm’s capital markets day on Thursday, London Stock Exchange Group boss David Schwimmer is keen to show that the firm is more than just the home of the FTSE 100 index.
Klarna hits back at Moody’s over buy now pay later warning November 12, 2023 Klarna has hit back at a Moody's report, saying its characterisation of the riskiness of buy now pay later debt seems to “lack nuance”.
BMW sustainability chief: Petrol and diesel car ban not the answer November 12, 2023 The government's 2035 ban on the sale of new petrol and diesel cars is not the solution to meeting climate emissions targets, says BMW.
US bank stocks fall to record low against S&P 500 as sector hurts from bond crash November 12, 2023 US bank stocks have plunged to an all-time low relative to the S&P 500 index as lenders continue to feel the impact of the banking crisis that erupted earlier this year.
Metro Bank added to FCA’s financial crime watchlist November 12, 2023 Metro Bank has been added to the City regulator's financial crime watchlist, the lender confirmed, posing another headache for the bank as it looks to rebuild after securing a major refinancing deal.