Just Eat appoints new executives as it eyes up profit September 29, 2022 Just Eat has appointed two new chiefs to its top team today as it angles in on profitability this year and looks to capitalise on a positive first six months trading.
M&G names former Axa boss Andrea Rossi as CEO September 29, 2022 M&G has appointed Andrea Rossi as its next chief executive and executive director, joining from Boston Consulting Group.
Next boss warns of two cost of living crises after slashing forecasts September 29, 2022 Next has slashed its sales forecasts for the second half of the year today despite a 16 per cent jump in pre-tax profit in the six months to July.
Amigo shareholders rebel over chief’s £600k paypacket September 28, 2022 Beleaguered lender Amigo Loans faced a rebellion from shareholders today as nearly half of its investors voted against a proposed £600,000 pay packet for its chief executive.
Banks need WhatsApp alternative fast to dodge hefty fines, warns former FCA official September 28, 2022 Banks and brokerages need to roll out new messaging platforms fast to “crack down” on the use of Whatsapp by staff, a former City regulator warned today, after US regulators slapped a group of Wall Street giants with $1.8bn worth of fines.
JPMorgan set to double UK headcount of digital bank Chase September 28, 2022 JPMorgan is planning to double the headcount of its British digital bank Chase in the next two years as it looks to guzzle up market share from the UK’s fintech lenders.
Lego builds on sales surge as profits hit £750m September 28, 2022 The Lego group revealed a 17 per cent surge in revenues in the first six months of the year as it beat expectations with net profit of DKK 6.2bn (£750m).
Everyman loved by every man: Cinema posts ‘progress on all fronts’ as losses narrow September 28, 2022 Cinema group Everyman said it had seen “progress on all fronts” this morning after it shrank its pandemic losses and notched a jump in revenues to £40.7m in the six months to June.
Revolut wins full crypto authorisation from City regulator September 27, 2022 Revolut has secured authorisation to provide full crypto services in the UK after months of wrangling with the City regulator as it waited on a temporary register.
Competition does not mean ‘regulatory race to the bottom’, banking watchdog warns September 27, 2022 The UK’s banking watchdog warned it will not engage in a “regulatory race to the bottom” today as Liz Truss and Kwasi Kwarteng prepare to shake up UK financial rules in a bid to boost growth.
