UK is ‘card fraud capital of Europe’, warns top think tank August 3, 2022 The UK is the 'card fraud capital of Europe' with Brits falling foul of scammers at a higher rate and bigger cost than any other country, a top think tank warned today.
KKR slumps to second quarter loss as deals slowdown hits August 3, 2022 Investment giant KKR slumped to a loss in the second quarter of the year after market volatility sparked a slowdown in dealmaking and a fall in the return on its investments.
Hiscox shares plunge after insurer slumps to loss of £88m August 3, 2022 Insurance giant Hiscox slumped to a loss of $107m (£88m) in the first half of the year after a steep decline in the value of its investment portfolio.
Homebuilder Taylor Wimpey hikes forecast after profits jump to £335m August 3, 2022 Housebuilder Taylor Wimpey hiked its profit forecast to the top of full year estimates today after a bumper first half in which it beat house completion targets.
UK’s FCA to create 100 jobs through launch of new Leeds offices August 2, 2022 The UK’s financial watchdog today set out plans to hire 100 new staff at its newly opening Leeds office as it looks to bolster its headcount this year and meet the demands of an expanding regulatory remit. The UK’s Financial Conduct Authority (FCA) announced it has signed a lease for premises on 6 Queen Street, [...]
Man Group shares dive as choppy markets spark fall in assets under management August 2, 2022 Shares in fund management giant Man Group plunged nearly six per cent this morning after it reported a dip in its assets under management and warned that market turbulence may lead to volatile flows in the months ahead.
Sage revenues jump as firms plough cash into cloud August 2, 2022 Software giant Sage Group said revenues had jumped to £1.3bn today as firms continue to plough cash into digital transformation projects sparked by the pandemic.
Bunzl snaps up Aussie warehousing firm in flurry of acquisitions August 2, 2022 London-listed distribution firm Bunzl said it was poised to snap up four new firms today as it readies an expansion into the warehousing solutions space.
Biffa extends takeover deadline as bosses set aside £20m to settle tax bill August 2, 2022 Waste management firm Biffa reported a jump in revenues to £1.44bn in its full year of trading today as it narrowed pre-tax losses following a difficult pandemic year.
Virgin Money reports jump in accounts as lender braces for cost of living crunch August 2, 2022 Virgin Money boss David Duffy said the lender was braced to support customers through a cost of living crunch today as the high street lender reported a jump in digital personal and business accounts in the third quarter of the year.
