Contactless payment value soars after limit is loosened March 16, 2022 The average contactless payment has surged almost 30 per cent in value in the past six months after the limit on payments was hiked from £45 to £100 in October.
Retail investors spooked as equity sell-off continues March 16, 2022 Retail investors have shunned US stocks in the past week as a bargain-hunting frenzy began to falter amid a continuing slide in equity markets.
Investors launch racial equality campaign against Salesforce after ‘gaslighting’ accusations March 16, 2022 Retail investors are readying a campaign against software giant Salesforce today to push it into action on racial equality, after the firm faced two recent resignations over ‘rampant microaggressions and gaslighting’.
LME halts nickel trading again as system error disrupts reopening March 16, 2022 The London Metal Exchange suspended nickel trading again this morning due to a “system error”, less than two hours after reopening following a surge in prices last week that left short sellers facing record losses.
Fintechs call for open banking body to be ‘weaponised’ and simplified as CMA mulls its future March 16, 2022 Fintech firms have called for open banking’s governing body to be “weaponised” and simplified, as the Competition and Markets Authority (CMA) prepares to deliver a verdict on its future next week.
Investors rack up cash reserves and abandon equities amid recession fears March 15, 2022 Investors are predicting a sustained slump in equity markets and are racking up cash reserves as confidence in global growth outlook plunges, according to a new survey from Bank of America.
London Stock Exchange announces partnership with fintech Floww in private market push March 15, 2022 London Stock Exchange Group (LSEG) has revealed a cash injection into investment platform Floww today, as it looks to become the first global exchange to straddle both public and private markets .
HSBC to permanently shutter 69 bank branches after footfall plummets March 15, 2022 HSBC has announced today it will permanently shutter 69 of its bank branches across the country after the pandemic and the rise of digital banking caused usage to plummet.
ClientEarth launches legal action against Shell over net zero failings March 15, 2022 Shareholder activism group Climate Earth launched legal action against energy giant Shell yesterday for its failure to properly prepare for the net zero transition.
Exclusive: Debit card rolls out for shoppers to track and tackle their environmental footprint March 15, 2022 A new debit card which tracks the carbon footprint of every purchase has rolled out to consumers today, as it looks to tap into a surge in demand for sustainable financial products.
