British Business Bank launches sequel to billion pound Northern Powerhouse fund March 21, 2024 A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.
London closes in on New York as world’s top financial centre with Square Mile set for rebound March 21, 2024 London is narrowing the gap with New York for the title of the world's top financial centre, according to a new survey, as the City looks set to rebound from a slump in dealmaking and capital markets activity.
‘Red-letter day’: UK accession to CPTPP trade pact passes into law March 20, 2024 Legislation mandating the UK’s accession to the CPTPP Indo-Pacific trade pact has passed into law and been welcomed as a “red-letter day” for British firms.
Biggest Bitcoin fraud in UK history as ex-takeaway worker convicted in £2bn scam March 20, 2024 The CPS said Wen, who used to live above a Chinese restaurant had been under investigation after the seizure of Bitcoin wallets, with an initial estimated value of more than £2bn.
Greggs IT glitch knocked 13 million sausage rolls-worth off its value today March 20, 2024 An IT glitch that temporarily stopped Greggs from using its card machines wiped millions of pounds off the company's value today.
‘Action must be taken’: Mark Harper called on to strip Avanti West Coast of contract March 20, 2024 The Government is to be called on to take the operation of the West Coast Main Line into public hands and terminate Avanti's contract.
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.
Cancelled Phantom of the Opera helps Andrew Lloyd Webber’s empire return to profit March 20, 2024 Lord Andrew Lloyd Webber entertainment empire returned to making a profit helped by a surge in ticket sales ahead of Phantom of the Opera closing on Broadway.
SJP shares spike after FCA warns hundreds of firms about poor practice March 20, 2024 This comes after the FCA launched a review into the issue, amid fears some employees were not getting the best pension deal after they retired.
High street bank bosses warn of rising fraud threat from social media March 20, 2024 Bosses from the UK's biggest high street banks have told MPs that they are improving their fraud reimbursement rates, while calling for greater cooperation with social media companies to prevent scams that originate on their platforms.