Revolut books record profit on higher interest rates and surge in users July 2, 2024 A major boost to Revolut's profitability would come from a UK banking licence, allowing it to offer products like mortgages and credit cards in its home market - where it recently hit nine million customers.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal July 2, 2024 A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
XRP Ledger Apex 2024: uniting innovators and investors in Amsterdam July 2, 2024 I had the pleasure of spending a few days with the "XRP Army" in Amsterdam during XRP Ledger Apex 2024 a few weeks back.
Legal battles continue to dominate crypto conversations July 2, 2024 Once again it was not the technology at the centre of attention over the past few days. Instead, the talk of the day is what a major Supreme court decision will mean for the future of crypto in the US.
Double-digit boost for City law firm Osborne Clarke as it beats revenue target July 2, 2024 City-headquartered law firm Osborne Clarke international revenue jumped to €525m (£445m), beating its €500m target
Meet the founder of Sibstar — the banking app for families suffering from dementia July 2, 2024 In this week's Founder Profile, we meet Jayne Sibley, co-founder of Sibstar, a mobile app and debit card for people with dementia.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
London-based investment firm Octopus Ventures poaches fintech bigwig Erin Platts July 2, 2024 The long-time boss of Silicon Valley Bank’s (SVB) UK arm, who stayed on after its collapse and rescue by HSBC last year, has been poached by London-based investment firm Octopus Ventures.
FTSE 100 today: London markets to open lower on weak Asian cues, focus on elections July 2, 2024 Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.
Election 2024: Business leaders prefer Starmer and Rayner’s cabinet over Tories’, poll finds July 1, 2024 Business leaders prefer Labour figures, particularly Starmer and Rayner, over their Tory counterparts, new polling has found. Business heads are twice as likely to pick Angela Rayner (34 per cent) than Oliver Dowden (17 per cent) as their deputy prime minister, according to Savanta Business Tracker polling. The research, which surveyed 1,000 business decision makers, [...]