Top firms mull pension hikes to keep pace with inflation March 24, 2022 FTSE 100 firms are mulling discretionary pension hikes as soaring inflation threatens to outpace the rate of annual growth in payouts, according to a top pensions consultant.
Bank of England reconsiders plans to hike banks’ capital buffer March 24, 2022 The Bank of England is reassessing plans to hike banks’ capital requirements in the second quarter of this year due to the financial shocks of war in Ukraine.
Toshiba shareholders rebuff plans for break up March 24, 2022 Toshiba shareholders have rejected plans to split the Japanese Conglomerate in two as bosses’ lengthy battle with investors deepens.
Bank of England assesses city exposure to crypto as market booms to $1.7tn March 24, 2022 The Bank of England is scrutinising the city’s exposure to crypto assets as it writes to firms today asking them to voluntarily disclose their strategy and plans in the sector.
BlackRock boss praises private sector for waging ‘economic war’ on Russia March 24, 2022 The boss of the world’s biggest asset manager BlackRock has said Russia’s invasion of Ukraine will spell the end of globalisation as we know it, as he praised the private sector for waging “economic war” on Russia.
London tech firm unveils first UK smartphone in five years March 23, 2022 London-based tech firm Nothing has announced plans to launch the first UK smartphone in five years as it looks to challenge the dominance of Apple and Samsung.
City watchdog prepares to clampdown on ‘high risk’ investments as consultation closes March 23, 2022 City watchdog the FCA has closed a consultation on the promotion of so-called high-risk investments today as it looks to clampdown on the misleading marketing of a range of alternative asset classes.
US activist pushes TP ICAP to sell after “disastrous” slide in share price March 23, 2022 A US activist investor is pushing the board of UK brokerage and trading giant TP ICAP to sell the firm after what it describes as a “disastrous” decline in its share price.
Apple snaps up Credit Kudos in open banking push March 23, 2022 Tech giant Apple has snapped up UK open banking startup Credit Kudos as it ramps up its push into payments.
London shunned for IPOs as firms head abroad March 23, 2022 London is headed for its weakest quarter for IPOs in thirteen years as market turbulence gives investors the jitters and UK firms shun the capital following a series of high profile flops.
