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finance

  • Santander announces plans for £4.7bn shareholder distribution following record results

    February 19, 2024

    Santander announced that it will seek to pay out £4.7bn to shareholders just weeks after the bank unveiled record annual profits in 2023.

  • Financial services jobs ‘highly exposed’ in globalisation shift, report warns

    February 19, 2024

    The share of trade across the economy as a whole has increased from 53 per cent of GDP in 2000 to 65 per cent in 2023.

  • Revealed: The City of London’s top dealmakers of 2023

    February 14, 2024

    2023 was not a vintage year for dealmaking in the City but there was still plenty of scope for dealmakers to ply their trade.

  • Spring Budget 2024: What measures could Labour continue in government? 

    February 13, 2024

    With an election expected this year, and a Labour Party hell-bent on wooing business, are there financial measures a Starmer government could support?

  • Capital Economics: AI ‘bubble’ now more of a risk for markets than interest rates

    February 9, 2024

    While it was still "too early" to be confident that interest rates won't cause some imbalances, "the chances of a systemic financial event are diminishing".

  • Profit at Societe Generale slumps 60 per cent as boss calls 2023 ‘year of transition’

    February 8, 2024

    Revenue from retail banking continues to be impacted by "short-term hedges" that were taken out before interest rates started rising.

  • Give councils more tax flexibility amid financial strain, ministers urged

    February 8, 2024

    Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.

  • Crazy golf group Big Fang Collective to expand after £5.5m boost

    February 7, 2024

    A crazy golf group is aiming to expand into three "major cities" this year after securing a £5.5m boost.

  • Financial services should get out of London to find new talent, education secretary says

    February 6, 2024

    Financial services firms should “get out more” to attract talent, Gillian Keegan has said.

  • London Southend Airport owner Esken proposes settlement agreement over £194m loan

    February 5, 2024

    The owner of London Southend Airport has proposed a settlement agreement over demands to repay a £194m loan early.

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