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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UBS profit smashes analyst estimates as it steps up Credit Suisse integration

August 14, 2024

Swiss banking titan UBS has reported a profit well ahead of analysts' forecasts for the three months to June as it steps up its integration of fallen rival Credit Suisse.
Unicorn digital bank Oaknorth to award first dividend after bumper profit

August 13, 2024

Digital challenger bank Oaknorth has agreed to award its maiden dividend to shareholders after the fintech unicorn enjoyed a jump in profit last year.
Treasury questions payments regulator on deadline for controversial fraud refund rules

August 13, 2024

The Treasury has reportedly raised questions with the UK payments regulator over the timetable for its new fraud refund rules that have stirred alarm among banks and fintechs.
Genuit: Construction supplier’s profit nearly halves as ‘subdued’ market conditions persist

August 13, 2024

Sustainable construction supplier Genuit has posted a near halving of its profit for the first half of 2024 and said it expected "subdued" market conditions to persist for the rest of the year.
UK unemployment falls unexpectedly as wage growth slows to two-year low

August 13, 2024

UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.
UK economic data dump set to bolster case against September rate cut

August 12, 2024

A slew of official UK economic data this week is poised to bolster the case for policymakers at the Bank of England not to cut interest rates next month, with inflation forecast to rise for the first time this year.
Aquis Exchange boss says UK poised for ‘tidal wave’ of foreign investment under Labour

August 12, 2024

The chief executive of challenger stock exchange Aquis has said the UK is in store for a "tidal wave of international investment" following Labour's election victory.
FTSE 100: UK stocks erase losses from last week’s selloff ahead of economic data dump

August 12, 2024

The FTSE 100 reversed its losses from last week's massive global selloff on Monday as investors hunt for bargains and look ahead to a slew of economic data in the coming days.
S&U: Motor finance lender urges Labour to change ‘restrictive’ regulation after profit warning

August 12, 2024

Specialist lender S&U has urged the new Labour government to change the UK's "restrictive and constantly changing" regulatory regime after warning that actions by the City watchdog would have a "significant impact" on its motor finance business' profits.
UK business output jumps to highest level in two years as further rate cuts expected

August 12, 2024

UK business output has jumped to its highest level in two years, according to a closely-watched survey, as the expectation of more interest rate cuts provide optimism for the coming months.

Labour to give firms cash in bid to undo benefits rise

KSI, Dagenham and Redbridge and the rise of the passion investor in sport

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Lars Mucklejohn

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