Soaring costs offset revenue boost for South West water giant Pennon May 31, 2022 South West water giant Pennon labelled 2021 a year of “resilient performance” today as it posted a dip in pre-tax profits to £127.7m for the full year.
London retains crown as Europe’s top city for foreign investment – but investment remains subdued May 31, 2022 London has retained its crown as Europe’s most attractive city for foreign investment despite a slower-than-expected recovery from a pandemic slump, fresh data has revealed.
Barclays confirms slew of branch closures as banks slash high street presence May 30, 2022 Barclays has confirmed the closure of a slew of high streets banks this month as the move to shutter branches by UK lenders speeds up.
MPs set to scrutinise role of UK finance in net-zero transition as ESG debate rages on May 30, 2022 The role of the finance in driving the net-zero transition is set to be examined by MPs as a major debate rages on over the effectiveness of environmental, social and governance (ESG) investment.
Abrdn closes £1.49bn acquisition of Interactive Investor as it readies personal investing push May 30, 2022 Asset management giant Abrdn has completed its £1.49bn tie-up with investment platform Interactive Investor today after getting the greenlight from regulators.
City gender parity ‘a long way off’ as women make up under a quarter of top promotions May 30, 2022 Women made up less than a quarter of top promotions in financial services businesses in the past year in a sign the City is making slow progress towards gender parity, new data has revealed.
Trustly snaps up Ecospend in UK open banking push May 29, 2022 Swedish open banking firm Trustly has snapped up British rival Ecospend this week as it looks to ramp up its presence in the UK.
Woodford named in fresh lawsuit as investors look to recoup £18m three years after fund freeze May 29, 2022 Disgraced former fund manager Neil Woodford will be named in a fresh lawsuit this week as investors look to recoup losses following the collapse of his eponymous equity fund three years ago.
KPMG to cut back audit clients in bid to boost standards May 29, 2022 Big four firm KPMG will scale back its audit operation to focus on improving standards after being hit by a string of fines over audit failings in recent years.
Nationwide boss takes aim at rivals over bank branch closures May 29, 2022 The outgoing chief executive of Nationwide Building Society has taken aim at rivals for shuttering swathes of branches around the country, as he doubled down on the firm's commitment to maintaining its high street presence.
