Shoppers push for tech investment as demand for new payment methods swells April 25, 2022 UK shoppers are pushing retailers to ramp up investment in technology as demand for new payment methods from retailer swells, new data has revealed. Around 80 per cent of shoppers are calling on retailers to invest in tech like frictionless payments to help avoid queues and swerve lengthy checkout forms, according to a report into [...]
Macron wins second term as president, projections show April 24, 2022 Emmanuel Macron has secured a second term as president of France after securing 58 per cent of votes, projections have revealed.
Top banks left holding Russian stocks after indexing firms give them the boot April 24, 2022 Some of the world’s top lenders have been left holding potentially valuable Russian stocks after FTSE Russell and MSCI booted Russian firms off their indexes, forcing banks to shift clients' holdings onto their own books.
Revolut overhauls Ukraine refugee scheme after customers ‘exploit’ referral fees April 24, 2022 Fintech giant Revolut has been forced to overhaul a scheme offering free accounts to Ukrainian refugees after it was exploited by customers.
THG boss’s holding firm takes £18m loan from local Council April 24, 2022 The billionaire boss of beleaguered e-commerce firm THG has taken an £18m loan from Warrington Council, with his firm Moulding Capital now sitting as the council’s biggest credit exposure.
Spac boom falters as regulators ramp up scrutiny April 24, 2022 A global boom in so-called blank-cheque firms has faltered in the first quarter of 2022 as investors grow sceptical of the vehicles and regulators prepare to clampdown on fanciful financial forecasting.
Scandal-stricken Credit Suisse poised for management shakeup April 24, 2022 Beleaguered bank Credit Suisse is lining up a management shakeup as new chairman Axel Lehmann looks to put the lender back on track following a string of scandals.
Insolvencies more than double as rampant inflation and rising interest rates hit firms April 22, 2022 Company insolvencies more than doubled last month as soaring inflation and rising borrowing costs pushed firms over the edge.
Top challenger banks exposed to cybercrime, warns city watchdog April 22, 2022 A group of the UK’s top challenger banks have left themselves vulnerable to terrorist financing, money laundering and fraud due to weak financial controls, the city watchdog warned today.
Chinese tech giant Tencent snaps up stake in business finance firm Previse April 22, 2022 Chinese tech giant Tencent has snapped up a stake in London business finance firm Previse as it accelerates its push into UK fintech.