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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Remortgaging rates tick up as lenders bet on ‘captive audience of existing customers’

February 7, 2024

Mortgage lenders are increasingly raising rates on their home loan products amid uncertainty over the UK economy.
‘About a third’ of Facebook Marketplace listings could be scams, MPs told

February 7, 2024

A director at TSB Bank has warned a group of top MPs that Facebook Marketplace and cryptocurrency investment are major breeding grounds for scams amid calls for Big Tech to take more responsibility for a wave of fraud on social media.
Standard Chartered reportedly taps ex-Chancellor Javid and Treasury veteran Roxburgh to be next chair

February 7, 2024

Standard Chartered has reportedly tapped former Chancellor Sajid Javid and Treasury veteran Charles Roxburgh to succeed José Viñals as its chair.
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms

February 6, 2024

The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed.
Police ‘not able to progress’ with 11 out of 12 CBI misconduct claims

February 6, 2024

The City of London Police has said it is “not able to progress further criminally” with 11 out of 12 allegations of serious misconduct made against the Confederation of British Industry (CBI).
Virgin Money warns of more job cuts to come after dropping 150 staff as it slashes costs

February 6, 2024

Virgin Money warned of further cost-cutting and layoffs to come today after slashing its headcount in the first quarter of the year.
Bank of England: Rate cuts when not if but Brits must wait for their ‘reward’

February 6, 2024

The Bank of England’s chief economist Huw Pill has said interest rate cuts are a matter of “when” rather than “if” policymakers want to “reward the economy” for progress on inflation.
UBS reinstates dividend and plans share buyback despite second consecutive quarterly loss

February 6, 2024

UBS has announced that it will resume share buybacks in the second half of this year and plans to award shareholders up to $1bn (£797m) as it integrates fallen rival Credit Suisse.
FTSE 100: London markets tick down as traders trim rate cut bets

February 5, 2024

London's FTSE 100 ticked down on Monday amid a deluge of economic data that spurred traders to trim their bets on UK interest rate cuts.
More than £1tn languishing in low-interest savings accounts as Brits urged to shop around

February 5, 2024

More than £1tn of savings is languishing in low-interest accounts, according to an analysis of Bank of England data, as Britons are urged to shop around for the best deals.

Ex-Google executive puts AI hiring under scrutiny

Sir James Dyson buys 50 per cent stake in top flight English sport club

Pairing wine with spicy food at London restaurants KOL and Gunpowder

By: Lars Mucklejohn

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