UK Finance boss: City’s post-Brexit ‘challenger’ role takes ‘some getting used to’ January 30, 2024 Postings noted that in the Brexit debates "there was probably more debates around fishing quotas than there was around financial services".
Humza Yousaf to visit City of London in bid to shore up Scotland’s voice in UK finance January 29, 2024 Humza Yousaf is visiting the City of London in a bid to promote Scotland’s financial services sector.
Private credit lenders might be storing up future problems, Bank of England official warns January 29, 2024 Foulger said some of the actions to support borrowers "delay or mask" vulnerabilities rather than addressing underlying issues.
‘Sticking plaster’ funding doesn’t change need for council tax reform, accountants claim January 25, 2024 An extra half a billion pounds in emergency social care funding for councils is a “sticking plaster", accountants have warned.
‘A PR man for the banks’? Banking resolution service faces pressure from MPs January 23, 2024 A banking dispute resolution service has come under heavy scrutiny from MPs who, today questioned whether the organisation has been captured by the banks.
City chiefs: We must embrace risk to stay competitive January 22, 2024 Leading City figures have reignited calls to policymakers to embrace risk or watch the UK's financial system lose out to rival markets around the world.
Bank of England survey: Default rates continue rising in 2023 – but at slower pace January 18, 2024 According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.
City’s jobs market slows at fastest rate since 2008, survey suggests January 15, 2024 According to recruitment firm Morgan McKinley, there were 42 per cent fewer jobs available in the financial services sector in the fourth quarter of last year than a year earlier.
The Botanist eyes ‘significant profit growth’ after £8m hit despite record sales January 11, 2024 The owner of brands including The Botanist is eyeing a surge in its profits after reporting a record year of sales.
Teesworks: What it is and why it’s controversial after profits at the flagship regeneration site spike January 10, 2024 Teesworks, one of the UK's largest regeneration projects, enjoyed a surge in its revenue and profits during its latest financial year. Here's why the scheme is con controversial.