‘Neo-broker’ Lightyear launches web app to compete with Hargreaves Lansdown February 12, 2024 While other start-up mobile platforms (known as 'neo-brokers') have begun to explore moving to desktop to compete with platform giants like Hargreaves Lansdown and AJ Bell, they have struggled to make the move to web.
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
FTSE 100 today: London markets set for muted start amid thin Asian holiday trade February 12, 2024 Australia's equities slip, while Asian markets remain closed for holidays; Bitcoin surges, and gold pauses in light trading. Eyes are on Tuesday's U.S. inflation report and Fed speeches.
Business confidence ‘cautiously’ returns as service sector continues recovery February 12, 2024 A continued recovery for the service sector has boosted UK business confidence as output levels start to inch closer to pre-inflation highs.
The UK currently wears the fintech crown – but complacency will quickly lose it February 12, 2024 The UK's fintech scene is thriving now, but that doesn't mean we can afford to rest on our laurels, writes Kelly Devine.
Bank of England to start cutting interest rates in May with inflation on its way to target February 12, 2024 Andrew Bailey, the Bank's governor, noted the "good news" on inflation while Huw Pill, the Bank's chief economist, suggested rate cuts were a "when rather than an if".
Badenoch under pressure to revive sweeping audit reform February 12, 2024 Kemi Badenoch is under pressure from a top City group to revive a sweeping shake-up of audit rules after the government shelved many of its reform plans last year, City A.M. can reveal.
Over a quarter of lawyers use AI tools despite security fears February 12, 2024 The number of lawyers using generative AI tools at least once a month has more than doubled in half a year, according to a survey.
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.
Team GB snap up partnership deal with TikTok February 12, 2024 TikTok have promised to provide athletes “specialist training and guidance” on creating content.