By: Lars Mucklejohn

Banking and Fintech Reporter Lars Mucklejohn is a reporter at City A.M. covering banking and fintech. For tips and stories, he can be contacted at lars.mucklejohn@cityam.com and posts at x.com/LarsMucklejohn

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Canary Wharf Group’s credit rating cut further into ‘junk’ amid office exodus

September 11, 2024

Canary Wharf Group's credit rating was cut deeper into "junk" status by Fitch as the east London financial district struggles to attract workers to its offices and battles an exodus of star tenants.
Trustpilot shares jump on earnings beat and £20m buyback

September 11, 2024

Shares in Trustpilot have jumped after the global review platform reported higher-than-expected earnings for the first half of 2024 and unveiled a new share buyback. The FTSE 250 firm gained as much as 9.3 per cent in early trading on Wednesday. Its stock price has surged 157 per cent over the last 12 months. Trustpilot [...]
Epwin expects demand for building products to ‘remain subdued’ in 2024

September 11, 2024

Building products supplier Epwin has posted a slide in revenue for the first half of 2024 and said demand would likely "remain subdued" through the rest of the year.
The Gym Group swings to profit as growth plan pays off

September 11, 2024

Budget fitness centre operator The Gym Group swung to a profit in the first half of 2024 and said it was “well set” to deliver full-year earnings at the top end of market forecasts. The London-listed firm, which has 240 locations across Britain, reported a pretax profit of £0.2m for the six months, compared to [...]
Barclays calls on UK to ‘break down barriers’ keeping £430bn from capital markets

September 11, 2024

Barclays has warned that UK capital markets are missing out on £430bn in cash deposits as it called on authorities to create a "more balanced environment" for banks to support potential investors.
Lloyds, Barclays and Natwest could weather Labour tax raid, analysts say

September 10, 2024

Lloyds, Barclays and Natwest would see their 2024 profits fall by “low single digits” if the Labour government decides to raise taxes on banks in October’s Budget, according to Bloomberg Intelligence. Bloomberg analysts said Lloyds Banking Group and Natwest would likely offset the hit to their profits by repricing their loans, while they did not [...]
City regulator charges first individual with running illegal crypto ATM network

September 10, 2024

The City watchdog has brought its first charges against an individual for running a network of illegal cryptocurrency ATMs.
Equals: Payments fintech’s revenue jumps by a third amid record transaction values

September 10, 2024

Payments fintech Equals Group has seen fees to financial advisers weigh on its earnings as it looks for a potential buyer, while revenue surged on the back of record transaction values.
Lendinvest: Fintech lands £500m investment from JPMorgan

September 10, 2024

Property fintech Lendinvest has added £500m to a funding deal with JPMorgan as it looks to return to profitability after a rough year for mortgage lenders.
Jason Windsor appointed as Abrdn’s permanent boss

September 10, 2024

Asset manager Abrdn has appointed finance chief Jason Windsor to be its new permanent chief executive, after Stephen Bird abruptly stepped down in May.

MPs reject social media ban for under-16s

Abramovich to fight UK Government over funds from £2.5bn Chelsea sale

Aboard the Celebrity Cruises ship with Gwyneth Paltrow partnership

By: Lars Mucklejohn

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