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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UK services activity rises at fastest pace in eight months

February 5, 2024

The UK's services sector saw a "solid increase" in business activity last month, as well as an uptick in job creation, according to a closely watched survey.
CBI settles legal action brought by ousted chief Tony Danker

February 5, 2024

The Confederation of British Industry (CBI) has settled a legal case brought by its former director-general, Tony Danker, after he was dismissed last year following complaints about workplace misconduct.
Prosecutions fail to keep up with the UK’s growing ‘fraud epidemic’

February 5, 2024

The UK government has been urged to do more to crack down on fraud after new data showed the number of high-value criminal cases reaching the courts has stayed flat despite a sharp rise in fraud.
Week ahead: BP’s strategy under new chief, UBS’ Credit Suisse integration update

February 4, 2024

Markets are bracing for full-year results from BP and UBS this week, while several regions will release data on the performance of the services sector.
Ted Baker owner exploring UK store closures to reduce costs

February 4, 2024

The US owner of fashion chain Ted Baker is reportedly considering a major cost-cutting plan that could see job losses and store closures.
Zuber Issa exploring £500m sale of Asda stake in split with brother

February 4, 2024

One of the billionaire Issa brothers, who together co-own Asda alongside a private equity firm, is reportedly trying to offload his stake in the supermarket as it grapples with a mounting debt pile.
Cashplus boss: More challenger banks to go up for sale as big lenders see ‘brain drain’

February 3, 2024

The consolidation of mid-sized challenger banks will likely ramp up in 2024, the chief executive of digital bank Cashplus has told City A.M.
FTSE 100: London markets tick down as Bank of England cautious on future rate cuts

February 1, 2024

London's FTSE 100 ticked down on Thursday as investors digested the Bank of England's latest decision to hold interest rates, with the first three-way split among policymakers since 2008.
UK manufacturing downturn continues but business optimism hits four-month high

February 1, 2024

The UK’s manufacturing sector contracted again in January, while business optimism jumped to its highest level in four months, a closely watched survey has suggested.
TSB Bank proposes £120m payout for owner as it sees record profits

February 1, 2024

TSB Bank has recommended a £120m award to its Spanish parent company as it reported a jump in annual profits on the back of high interest rates, despite a rise in impairments amid “economic uncertainty”.

Pension transfers: Sluggish providers holding up your money

Chelsea punishment ‘extremely lenient’, says club’s former exec Purslow

Bar of the week: Flipdog, the Shoreditch spot stoking its cocktails with a hot poker

By: Lars Mucklejohn

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