eBay surges nearly four per cent as earnings beat estimates February 28, 2024 The shares of e-commerce giant eBay surged nearly 4% in extended trading sessions after it exceeded market expectations for both quarterly revenue and profit, largely driven by strong consumer spending during the holiday period.
More than 140,000 small business accounts were ‘debanked’ last year February 27, 2024 Big banks closed just under 142,000 small business accounts last year, according to the Treasury watchdog, as MPs scrutinise lenders' approaches to "debanking".
Nine arrests made after XR activists occupy four City insurance HQs including the Walkie Talkie February 27, 2024 The climate group says they 'occupied' lobbies of the various offices and buildings in protest of their profits from drilling for new oil and gas licences.
Post Office: Former chairman claims CEO was ‘set to resign over pay’ February 27, 2024 The chief executive of the Post Office is under investigation amounting to an “80-page” dossier and was close to quitting as he was “unhappy with the salary”, the former chairman Henry Staunton has claimed in a bombshell evidence session.
FTSE 100 live: London markets flat despite inflation boost, miners rise February 27, 2024 Markets were also given a lift by the news that shop price inflation slowed to 2.5 per cent in February, the lowest level seen in two years.
City of London’s ‘Can of Ham’ tower to be new HQ for infrastructure firm Costain February 27, 2024 Engineering firm Costain is moving its headquarters from Maidenhead to the City of London.
Bank’s Ramsden: ‘More evidence’ needed that inflation has been tamed before rates can go down February 27, 2024 Markets expect the Bank of England to start cutting interest rates in the summer, with three cuts priced in for 2024.
London’s ‘strength reflected across UK’ as it leads record-breaking year for tech start-ups February 27, 2024 The UK has seen a record-breaking jump in new tech start-ups, new research finds, with London taking the wheel as the nation’s influential tech hub. The number of new tech companies in the UK jumped 22 per cent to 51,017 last year, according to analysis by audit, tax and consulting firm RSM UK, up from [...]
Post Office chief doesn’t ‘believe’ ex-chair Staunton’s payment delay claim is ‘true’ February 27, 2024 Post Office chief executive Nick Read has told MPs he doesn’t “believe” former chairman Henry Staunton’s claim he was told to delay Horizon compensation payments is “true”.
FCA urges Brits to ‘make money work harder’ by shopping around for savings rates February 27, 2024 Banks came under intense pressure from politicians and regulators last year for failing to pass through the Bank of England's rate hikes into savings products.
