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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Bank of London shakes up City advisers after row with taxman

September 9, 2024

The Bank of London launched an emergency effort to contain the controversy surrounding the fintech over the weekend as it was hit with a winding-up petition over unpaid taxes shortly after its chief executive stepped down.
Investors pounce on start-up incentive scheme amid fears of Labour tax rises

September 9, 2024

Flows into a government-backed scheme offering tax reliefs for investors in UK start-ups have surged since the general election, new data has revealed, as fears grow of possible tax rises under the new Labour government.
Norman Broadbent: Fee income down 13 per cent amid ‘challenging period’ for recruiters

September 9, 2024

Norman Broadbent has reported a slide in fees for the first half of 2024 as it became the latest company to bemoan a "challenging" period for the recruitment sector.
Computacenter’s profit drops nearly a third as UK customers take ‘greater caution’

September 9, 2024

London-based tech firm Computacenter has reported that its profit slumped by nearly a third in the first half of 2024 amid weaker than expect demand in its home market.
The Bank of London reveals £42m fundraise days after winding-up order from HMRC

September 8, 2024

Fintech ‘unicorn’ the Bank of London has announced a £42m injection of funding today after a tumultuous week in which it was hit with a winding-up order and revealed its chief executive was stepping down. In a statement, the specialist clearing bank, one of only two to be created in the UK in the past [...]
The Bank of London Group handed HMRC winding-up order after chief steps down

September 7, 2024

The Bank of London Group, a fintech unicorn boasting Peter Mandelson on its board, was handed a winding-up petition by the UK's tax authority just two days after saying its founder would step down as chief executive, City A.M. can reveal.
Bad data holding back lending to UK’s small businesses, fintech chief warns

September 6, 2024

High street banks are keen to lend more to small businesses but being held back by poor data sharing, the head of of a government-backed fintech hub has said, hailing the sector's potential to boost UK economic growth.
Competition watchdog to probe Ticketmaster’s ‘dynamic pricing’ for Oasis tickets

September 5, 2024

The UK's competition watchdog has launched a probe into Ticketmaster's sale of Oasis concert tickets, including the platform's use of so-called "dynamic pricing".
PwC UK orders staff to spend more time in office and meet clients in person

September 5, 2024

PwC UK has ordered staff to spend more time in the office and meet clients in person, as the accounting giant becomes the latest firm to adopt tighter rules on working from home. The Big Four firm told its employees and partners on Thursday that its new hybrid working policy would require them to spend [...]
Eurowag: Trucking services firm’s shares jump on higher revenue while profit slides

September 5, 2024

Eurowag has reported a jump in revenue for the first half of 2024, while the FTSE 250 trucking services group's profit slid and it said it still had no plans to pay a dividend three years after listing in London.

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By: Lars Mucklejohn

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