Bank chiefs reportedly slam Labour for excluding mid-sized lenders from financial services review December 12, 2023 A group of mid-sized and specialist banks have reportedly urged shadow City minister Tulip Siddiq to include them in the Labour Party’s financial services policy review.
AJ Bell slashes fees and hikes interest rate after warning from regulator December 12, 2023 AJ Bell is set to slash fees on its platform and ramp up the interest rate it is offering customers after the regulator fired a warning shot to investment firms today over so-called ‘double dipping’.
Oxford Street revival to ‘peak’ next year as West End recovers from candy store scourge December 12, 2023 Sam Foyle, director of retail at Savills said that everyone has been looking at the street “really positively” and there are currently 15 deals from businesses under offer at the moment.
US inflation: Consumer prices unexpectedly rise in November as Fed likely to hold rates December 12, 2023 Core prices, excluding volatile items like food and energy costs, also came in line with economists' expectations, rising four on an annual basis.
Adobe boss says CMA should ‘move more quickly’ on Figma takeover decision December 12, 2023 A top Adobe executive has slammed the CMA for taking too long to reach a decision on the company’s proposed takeover of Figma.
City at risk of ‘policy overload’ as government pushes through reforms says FCA chair December 12, 2023 City firms are facing the risk of “policy overload” as the government pushes through a slew of reforms to the rules around the financial services sector, the chair of the Financial Conduct Authority warned today.
Basel III rules set to have ‘low’ impact on UK banks compared to US, says Bank of England December 12, 2023 International rules on bank capital are set to have a "low" impact on UK lenders, according to new adjustments from the Bank of England, as Wall Street warns the same framework could significantly weaken lenders in the US.
B&Q faces backlash over changes to staff breaks December 12, 2023 B&Q is facing backlash from staff following changes made to paid breaks and reduced hours, according to reports.
Blackrock: Firms set to shun the stock market as volatility weighs on IPOs December 12, 2023 Companies are set to shun IPOs and stay private for longer due to volatility still weighing on global equity markets, according to a new Blackrock report.
Zara pulls ad following complaints of alleged Israel-Hamas war imagery December 12, 2023 Zara said the campaign, advertising its Atelier line, was “conceived in July and photographed in September”.
