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.
UK services hamstrung by ‘bizarre’ neglect in trade policy, lobby group says July 28, 2022 The UK’s services sectors are being hamstrung by political neglect and a lack of attention in trade policy, a top City group warned today.
Startups restraining breakneck growth plans in hunt for funding, says VC chief July 28, 2022 UK startups are paring back growth-at-all-costs business plans and mapping out firmer routes to profitability as recessionary fears cause investors to pull back from higher risk bets, a top venture capital chief said today.
CMC Markets shares plunge after cost warning July 28, 2022 Shares in CMC Markets plunged over 20 per cent this morning after the online trading platform issued a warning that soaring costs would eat into profits in the six months ahead.
Schroders assets jump as inflows top £8.4bn July 28, 2022 Asset manager Schroders notched a jump in the value of its managed assets in the first half of the year as strong inflows helped buck sharp falls in equity and bond markets.
Short selling on the rise as rosy retail investors go gloomy July 27, 2022 Sceptical retail investors are betting on a sustained slide on forex and commodity markets this year as short positions surged in the past quarter, new data has revealed.
US investors get the jitters as global market confidence plummets July 27, 2022 Investor confidence has plunged this month as rampant inflation and global political uncertainty continues to batter public markets, according to a survey of investor sentiment today.
Visa hails return of travel as revenues fly to £6bn July 27, 2022 Bosses at payments giant Visa hailed the return of travel yesterday as a rebound in summer holidays helped push revenues up 19 per cent in the third quarter of the year.
Mining firms dish out dividends as UK shareholders pocket £37bn July 27, 2022 UK shareholders revelled in £37bn worth of dividends in the second quarter of the year as mining firms, banks and oil giants put bumper profits back in the pockets of investors.
British Business Bank pumps £30m into early-stage venture fund amid investment slowdown July 27, 2022 The state-backed British Business Bank revealed it had pumped £30m into a new early-stage venture fund today as it looks to fill a funding gap for small firms amid a major investment slowdown this year.
