Shares in Admiral and Direct Line sink after FCA regulator takes aim at premium finance January 10, 2024 In an interview with Insurance Post, Matt Brewis, head of insurance at the Financial Conduct Authority (FCA), described premium finance as a "poor product".
This part of Britain follows London as the next best place for finance grads January 10, 2024 London reigns as the top destination for finance grads, which won’t come as a shock for many readers. But one part of the country is hot on the capital’s heels. It might not come as a surprise that London is the best place for finance graduates in the UK, with both the highest median wage [...]
E-scooters: Tier and Dott to merge as operators struggle for profit January 10, 2024 E-scooter and e-bike firms Tier and Dott, two of the biggest players in Europe's micromobility market, are set for a merger.
Brewdog to no longer pay ‘real’ living wage in scramble to save costs January 10, 2024 Brewdog is now opting not to pay staff the ‘real’ living wage in a scramble to shore up extra costs.
Capita shares sink after RBC downgrades over cash flow concerns January 10, 2024 Shares in outsourcing giant Capita fell over eight per cent on Wednesday morning after RBC Capital Markets cut its rating on the stock to ‘sector perform’ from ‘outperform’.
Wise keeps its head above water as big banks look for slice of the payments pie January 10, 2024 The London-listed fintech is starting to face competition from bigger, more established lenders, as well as new challengers looking for a slice of the payments action.
Quilter calls in ex-Hargreaves Lansdown boss as wealth manager looks to ride out turmoil January 10, 2024 FTSE 250 wealth manager Quilter has called in former Hargreaves Lansdown chief Chris Hill to its board today as the firm looks to beat the troubles squeezing UK money managers this year.
Post Office Horizon IT scandal: Fujitsu won £4.9bn in contracts since 2019 January 10, 2024 Contractor Fujitsu received £4.9bn in government contracts following a crucial 2019 court judgement which determined culpability in the Post Office scandal.
CVC set to splash the cash on German vitamin maker: reports January 10, 2024 Private equity giant CVC is set for a near-billion-euro deal to take over a German vitamin manufacturer, according to reports. Sources told Bloomberg that a €900m (£774m) deal to acquire Sunday Natural could be announced in the coming days. Neither party responded to comment requests from Bloomberg. Dealmakers are hoping for an uptick in M&A [...]
Blackrock set for layoffs as asset management industry adjusts to downturn January 10, 2024 Blackrock is set to cut around three per cent of its global workforce this year as it adjusts to shifts in the global asset management sector.
