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finance

  • 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.

  • Labour considers watering down plans for a private equity tax raid

    February 4, 2024

    Labour could be preparing to water down plans for a private equity tax raid over fears it could put off potential investors.

  • Fried chicken and Parker pens: A day at Labour’s business bonanza

    February 2, 2024

    “I think this is the only job where you can get some positive press just by eating a few prawn cocktails and having some nice dinners.”

  • Labour playing ‘Bazball’ as Starmer says business ‘fingerprints’ on plans for power

    February 1, 2024

    The Labour Party is playing “Bazball”, a senior Bloomberg figure has said, as SIr Keir Starmer has vowed businesses have their “fingerprints” on the party’s plans for power.

  • Banks facing squeezed margins? ‘Fetch me a smaller violin’, Treasury committee chair says

    February 1, 2024

    Following pressure from the Treasury Committee, the Financial Conduct Authority (FCA) intervened over the summer, prompting high street banks to offer better rates. All over? Not exactly.

  • What does the Brexit legacy mean for the Conservatives?

    January 31, 2024

    The reality of Brexit, for good and ill, is being felt by businesses across the country. But the most fundamental impact of the vote remains the one it had on the Tory party.

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