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      An ex-DJ and a former Lord Mayor: Who is behind Poundland bidder Xyra Group?

      Exterior view of a Poundland store entrance with its teal blue signage and glass doors

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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banking

  • Shawbrook confirms IPO plans as listings revival gathers pace

    October 6, 2025

    Shawbrook has confirmed its plans for a stock market listing in the latest sign of a resurgence in activity in London’s IPO market. The Essex-based bank has today published its registration document ahead of its intention to apply to admit its shares to the main market of the London Stock Exchange in a move thought [...]

  • Santander UK boss to exit ahead of TSB merger

    October 3, 2025

    The chief executive of Santander UK announced his exit from the banking giant on Friday ahead of the firm’s landmark takeover of TSB. Mike Regnier said he will exit in the first quarter of 2026 after stating it was his intention to “move on after 4-5 years” due to “other interests [he] would like to [...]

  • Net zero banking group abandons operations after member exodus

    October 3, 2025

    The global Net Zero Banking Alliance (NZBA) has announced it will cease operations following an exodus of its membership after President Donald Trump returned to power. In a statement released on Friday, the group said following a vote it will transfer from a member-based alliance to establish its guidance as a framework. “As a result [...]

  • Close Brothers looks to ‘accelerate’ after ‘messy’ year 

    October 1, 2025

    Close Brothers is hoping to switch gears and “accelerate” after the motor finance scandal had the bank stuck in a rut. The specialist lender’s share price has swerved between a low of 185.00 and peak of 555.00 over the last 12 months. The car misselling saga has been the driving force of stock woes, sending [...]

  • Access Bank chief executive snaps up £15m Hampstead mansion

    September 30, 2025

    The boss of Nigeria’s biggest bank has snapped up a £15m mansion in one of London’s most prestigious postcodes, City AM can reveal. Roosevelt Ogbonna, who has been the chief executive of Lagos-based Access Bank since May 2022, has acquired a luxury pad on The Bishops Avenue in Hampstead. The transaction for the property was [...]

  • Why graduates face a brutal jobs market

    September 26, 2025

    While students flung mortar boards in the air after receiving their degrees, not everyone had cause to celebrate. Graduation was supposed to be the golden ticket to a dream career: get a good degree at a good university, and jobs at professional service firms, banks and consultancies would be there for the taking. For many [...]

  • UK fintechs send rallying cry as industry slips in global ranking

    September 25, 2025

    UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City AM the government must be bolder in growth-orientated reforms to bolster the sector’s standing against rivals.  It comes after Z/Yen’s 38th Global Financial Centres Index showed the UK’s fintech sector [...]

  • Barclays, Citi, JP Morgan bosses sound alarm on bank tax

    September 25, 2025

    Rachel Reeves has been handed a warning by top banking chiefs to prioritise stability for the financial services industry amid speculation of looming tax hikes. The bosses of UK banking giants have cautioned the Chancellor on potential tax rises and stressed the sector must remain competitive. Barclays’ boss CS Venkatakrishnan – known as the Venkat [...]

  • Stalling Starling revs up Engine in rebrand

    September 24, 2025

    Veteran of the UK fintech industry Starling has overhauled its brand with a fresh colour palette, a new slogan and even a new name. The digital lender announced last week it would drop the word “Bank” from its banking arm’s name in a move analysts have described as a “significant” step in its evolution. The [...]

  • Banking watchdog launches deregulation push as tax fears grow

    September 22, 2025

    Britain’s banking watchdog has laid out plans to slash regulation across the industry in a bid to sweeten the sector’s operating environment. In fresh proposals hoping to cut the red tape on the sector, the PRA identified 37 “individual reporting templates” which have “overlapping and complex requirements” in a bid to ease the administrative cost [...]

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