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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Alfa Financial posts uptick in profit as it unveils special dividend

March 14, 2024

Asset finance software company Alfa Financial Software Holdings has posted an uptick in annual profits while announcing a special dividend as part of plans to return £9.7m to shareholders.
Bridgepoint reports ‘robust’ investment returns despite tough market conditions

March 14, 2024

Private equity firm Bridgepoint has posted an 11.5 per cent rise in underlying pretax profit despite "more challenging, but improving, market conditions".
IG Group posts rise in revenue despite lowest market volatility in over five years

March 14, 2024

Online trading platform IG Group has posted an increase in revenue in the third quarter despite seeing the lowest level of market volatility in more than five years.
OneSavings Bank shares tank as profit slumps on mortgage customers racing to refinance

March 14, 2024

OneSavings Bank has posted a slump in annual profit after the bank took a £181.6m hit from changing customer behaviour, while it has softened the blow to investors by announcing a new £50m share buyback.
Lloyds to sell £6bn of Scottish Widows bulk annuities to Rothesay

March 13, 2024

After the transfer, policyholders included in the sale will begin to receive benefits normally.
Lending to small and mid-sized firms drops for third straight year as banks pull back

March 13, 2024

Lending to small and medium-sized enterprises (SMEs) dropped for a third straight year in 2023, according to new data, as businesses ditch big banks for specialist lenders.
Direct Line rejects ‘highly opportunistic’ raised takeover offer from Ageas

March 13, 2024

Direct Line has revealed that it rejected a raised takeover offer from Belgian insurer Ageas earlier this month, calling it "uncertain, unattractive" and "highly opportunistic".
UK energy debt collector accused of chasing customers with ‘Michael Jackson’ signed emails

March 13, 2024

MoneySavingExpert has published claims of consumer harm and poor practice against an energy debt collection firm, including that it chased debts using the signature of late US popstar Michael Jackson.
Musicmagpie sees earnings boost from Black Friday and its ‘smart for the planet’ solution

March 13, 2024

Musicmagpie has reported a boost to annual earnings after the second-hand smartphone seller experienced a "record" Black Friday last November.
Metro Bank swings to first annual profit since 2018 while slashing 1,000 jobs

March 13, 2024

Metro Bank has swung to its first annual profit since 2018 after the branch-focused lender was rescued from potential collapse by a major refinancing package and embarked on a restructuring set to involve 1,000 job cuts.

Smithfield Christmas Meat Auction: London’s oldest festive tradition returns

Joshua vs Paul: A defining moment in evolution of sport entertainment

Central London Alliance Launches Podcast to Debate London’s Opportunities and Obstacles for Growth

By: Lars Mucklejohn

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