Zilch eyes push into BNPL bills as it passes three million customers November 2, 2022 Buy-now pay-later firm Zilch said it was eyeing a push into bill and rental payments today as it sailed past the three million user mark and announced it had hit gross profits for the first time.
Exclusive: Female founders dominate cohort of fast-growing start-ups November 2, 2022 Fifty of the UK’s fastest growing start-up firms are set to join a tech accelerator that has helped launched the likes of Wise and Skyscanner - with nearly half of the new cohort founded by women.
Calls for Swiss-UK trade deal grow as financial firms ramp up pressure November 2, 2022 A group of top financial firms has ramped up pressure on the government to strike a “ground-breaking” trade deal with Switzerland today in a bid to ease the flow of cash between the two financial centres. The value of trade between the UK and Switzerland hit £38.4bn last year but companies including Credit Suisse, Deloitte, [...]
Funds struggle to sell sustainability as greenwashing spreads November 1, 2022 Fund managers are struggling to sell their green investment products to financial advisers as rampant greenwashing erodes trust in the environmental, social and governance (ESG) industry, fresh research has
Ministers push back plans for controversial ‘call in’ powers November 1, 2022 Ministers have delayed plans for the roll-out of controversial ‘call in’ powers over regulators in order to give the prime minister more time to mull over the plans, a letter from the City minister has revealed.
FCA struggling to lure top talent due to lacklustre pay, former official claims November 1, 2022 Reforms to the City watchdog have not done enough to boost employees’ pay packets and it is struggling to recruit top calibre staff as a result, a former official has claimed.
UK startups bag £4.2bn as VCs shrug off recessionary fears November 1, 2022 Venture capital investors in the UK and Ireland shrugged off recessionary fears in the third quarter of the year as they pumped £4.2bn into start-up firms, new research has revealed.
Musk becomes sole Twitter director after dissolving board October 31, 2022 Elon Musk has dissolved the board of Twitter and appointed himself sole director of the firm as he pushes ahead with a major restructuring plan that could see a quarter of staff laid off.
Sunak to confirm plan to give Treasury call-in powers over City regulators October 31, 2022 Rishi Sunak is set to push ahead with plans to give ministers the power to overrule decisions made by City regulators. The Treasury has confirmed the government will still go-ahead with the Liz Truss and Kwasi Kwarteng initiative, despite concerns from the Bank of England about the measure. The new call-in power will see ministers [...]
Apollo strikes crypto deal with Anchorage in digital asset push October 31, 2022 Asset management giant Apollo has begun holding crypto on behalf of its clients after striking a deal with digital asset bank Anchorage Digital, in a vote of confidence in the future of crypto after a rocky few months in the market.
