BBC licence fee set to rise less than expected next year December 7, 2023 The BBC licence fee will rise from £159 to £169.50 next year, the culture and media secretary Lucy Frazer told ministers on Thursday.
Liberis secures £89m on mission to close global SME funding gap December 7, 2023 London-based fintech Liberis has secured $112m (£89m) from HSBC Innovation Banking and BCI Capital, furthering its mission of closing the global small business funding gap. The financing will help the small business-focused finance firm to further its growth across Europe and North America, providing businesses with more flexible finance options. Liberis chief executive, Rob Straathof, [...]
FCA: Banks could be forced to enshrine cash access as branch cuts press on December 7, 2023 Banks and building societies will be forced to ensure customers have access to cash amid fears that the shift to digital payments is shutting out swathes of the population, under new rules tabled by the Financial Conduct Authority (FCA) today.
British rail not on the right track, regulator warns December 7, 2023 Train journeys across Britain's rail network are still neither punctual nor reliable, the industry's watchdog has warned today.
Evri-one’s fed up: Ofcom reveals Britain’s least favourite delivery firms December 7, 2023 Ofcom found that two-thirds of those it surveyed said they have had a delivery issue in the past six months.
Chapel Down makes a splash on AIM as it pushes ahead with growth plans December 7, 2023 Britain’s biggest winemaker Chapel Down Group has made its debut on the Alternative Investment Market (AIM), as it pushes ahead with plans to double the size of its business by 2026. Admission on the AIM, which is a sub market of the London Stock Exchange, took place at 8am this morning. The chardonnay producer was [...]
Worst corporate jargon of the week: The huddle December 7, 2023 At City A.M., we’re taking a stand and calling out the worst corporate jargon that has infected our offices. This week: the huddle.
London secures best UK location to start a business, but funding concerns remain December 7, 2023 While London comes in as the top location to start a business, the capital's entrepreneurs aren't immune to funding challenges.
Kin and Carta shares surge on upgraded £220m takeover deal December 7, 2023 Kin and Carta said it will now receive £220.3m, rather than the previously proposed £203m, from private equity heavyweight Apax Partners.
Balfour Beatty ‘unaffected’ by HS2 setbacks in optimistic trading update December 7, 2023 Balfour Beatty is forecasting higher annual revenue, driven by strong HS2 volumes in the UK and increased major airport activity in Hong Kong.