Short-changed: Woodford investors told to reject FCA’s ‘bad deal’ November 24, 2023 Burnt investors in Neil Woodford’s collapsed investment fund should reject the “bad deal” tabled by regulators and instead pursue their own compensation, the law firm litigating against the fund has said today.
Black Friday: London footfall up 13 per cent as cash-strapped Brits sniff out deals November 24, 2023 Central London saw a 13 per cent week-on-week jump in footfall this morning as shoppers flocked to the West-End to sniff out some Black Friday deals, in a much needed boost for retailers. The sales bonanza is an important day in the retail calendar as it kicks starts the start of the festive shopping season. [...]
KPMG: Big four firm to freeze pay for 12,000 jobs as services slowdown continues November 24, 2023 Big four firm KPMG has announced it will freeze the pay of 12,000 staff, as the services sector continues to be hit by a major slowdown. The freeze was first reported by the FT, with staff only getting a pay boost if they get a formal promotion, ahead of the Christmas break. Partners at KPMG [...]
Entain: Coral and Ladbrokes owner to pay £585m after bribery investigation November 24, 2023 Entain said it had reached an agreement with HM Revenue & Customs which would see it paying £585 million in penalties and disgorgement of profits.
Fintech awards season – a reason to be cheerful November 24, 2023 Lord Holmes of Richmond explains why the Electronic Trade Documents Act is an award-winning piece of parliamentary work.
News Quiz: Sam Altman, the Sphere and the week that was November 24, 2023 Each week we compile a few questions to test how closely you’ve been paying attention to the news. Good luck!
London keeps global tech crown ahead of New York with top marks in financial services November 24, 2023 New York weighs in second in Z/Yen Group’s eighth edition of the Smart Centres Index, with Singapore trailing behind in third.
London’s mega wealthy turn to renting amid high interest rates November 24, 2023 London’s ultra wealthy are opting to rent instead of snapping up homes as high interest rates and a tough buyer market have dampened interest.
Tories get poll bump as 60 per cent back national insurance ‘cut’ November 24, 2023 The Conservatives have achieved a slight poll boost following the Autumn Statement - but Labour have still held on to a significant lead.
Key crypto index remains in ‘greed’ as Bitcoin, Ethereum and Cardano move up a notch November 24, 2023 Many of the large-caps are trading steadily in the green this morning, with Bitcoin, Ethereum and Cardano showing upward signs.
