Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.
Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth April 13, 2024 To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.
What this pension fund’s investments say about the London Stock Exchange April 3, 2024 A London pension fund has defended the way it invests its cash today after a new report shone a light on the wider dearth of retirement cash flowing onto the London Stock Exchange.
Bank of England embarks on ‘Kardashian-style spending spree’ as IT budget hits almost £100m March 20, 2024 704 IT staff shared a salary pot of £48.9m, making the average salary in the tech team a whopping £69,000-a-year.
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m February 13, 2024 The Financial Conduct Authority has fined and banned one of the former bosses of London Capital & Finance today over his role in the mini-bond scandal that left investors millions of pounds out of pocket.
Top City investors unite in plan to unlock funding for British start-ups following Hunt’s Mansion House reforms February 13, 2024 A group of top pension and venture capital chiefs are drawing up plans to unlock a wave of cash from the pension industry into Britain’s start-ups, as the industry looks to implement a government-led commitment signed last year.
More than £1tn languishing in low-interest savings accounts as Brits urged to shop around February 5, 2024 More than £1tn of savings is languishing in low-interest accounts, according to an analysis of Bank of England data, as Britons are urged to shop around for the best deals.
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Start-up backlash: Treasury looks to soften controversial rule change after fury from investors January 26, 2024 The City minister is set to meet top start-up groups next week to discuss softening its controversial investing rule changes, after a backlash from the industry and pressure from another government department.
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