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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Atom Bank boss on rapid growth, London IPO and why high street challengers are a ‘dying breed’

March 24, 2024

City A.M. speaks to Atom Bank CEO Mark Mullen about the challenger bank landscape, his firm's rapid growth and plans for a London IPO.
Saudi Arabia reportedly eyes up £2bn stake in Selfridges, Gucci owner denies interest

March 22, 2024

Saudi Arabia is reportedly eyeing up a £2bn stake in Selfridges as the department store chain's co-owner faces insolvency, while luxury goods giant Kering has denied the claim that it is interested in the store.
BAE Systems lands contract to build Aussie nuclear-powered submarines creating 1,170 UK jobs

March 21, 2024

The UK and Australia have appointed manufacturer BAE Systems for a multibillion-pound contract to build a fleet of next generation nuclear-powered submarines in a boost for Britain's defence sector.
Barclays and Citi reportedly prepare for investment bank job cuts amid dealmaking slump

March 21, 2024

Banking giants Barclays and Citigroup are reportedly preparing to cut jobs in their investment banking divisions as the sector grapples with a slowdown in dealmaking.
Secure Trust Bank hails record lending growth despite 24 per cent profit drop

March 21, 2024

Secure Trust Bank has posted record lending growth in 2023, while annual profit fell due to one-off charges.
Direct Line brings back dividend but warns there’s still work to be done

March 21, 2024

Insurer Direct Line has posted an annual operating loss of £189.5m as it battles claims inflation, while looking to achieve £100m in annualised cost savings by the end of 2025.
Virgin Money agrees to £2.9bn Nationwide takeover

March 21, 2024

The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.
London closes in on New York as world’s top financial centre with Square Mile set for rebound

March 21, 2024

London is narrowing the gap with New York for the title of the world's top financial centre, according to a new survey, as the City looks set to rebound from a slump in dealmaking and capital markets activity.
High street bank bosses warn of rising fraud threat from social media

March 20, 2024

Bosses from the UK's biggest high street banks have told MPs that they are improving their fraud reimbursement rates, while calling for greater cooperation with social media companies to prevent scams that originate on their platforms.
Mazars: UK business reports third straight year of double-digit growth

March 20, 2024

Mazars has reported that its UK business saw a third straight year of double-digit growth despite tough economic conditions and competition within the sector.

Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

Royal Ascot worth £140m to UK economy

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: Lars Mucklejohn

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