Coventry Building Society and Co-op Bank £780m tie-up confirmed May 24, 2024 The combined group will be led by David Thorburn as Chairman and Steve Hughes as Chief Executive Officer.
Wood Group rejects latest takeover bid from Dubai-based suitor Sidara May 24, 2024 Energy services firm Wood Group has rejected a third bid from Dubai-based suitor Sidara today on the grounds it “significantly “undervalues the firm.
Retail sales plunge in ‘dull and wet’ April in fresh sign of fading optimism May 24, 2024 According to the Office for National Statistics (ONS), retail sales fell 2.3 per cent in April, a much worse fall than predicted by economists.
House of Representatives pass clarity-seeking FIT21 bill with bipartisan support May 24, 2024 On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and Democrats. This week has been one of the most progressive ever for US crypto policy.
What does cooling inflation mean for house prices and mortgage rates? May 24, 2024 Inflation cooled to the lowest level in nearly three years in April, but what exactly does it mean for Britain’s housing market?
British ISA plans thrown into doubt by Sunak’s election call May 24, 2024 A number of the government’s flagship City reform efforts including the roll-out of the British ISA and so-called Pisces private market have been thrown into doubt by Rishi Sunak’s gamble to hold an early election in July.
Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
Will it work? Funding community energy projects May 24, 2024 The SNP has a soft spot for community energy projects, and Labour has flirted with them in the past too. But could they work?
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
Tech industry pushes Sunak to pass key data protection bill before the election May 23, 2024 Top tech executives are pressing the government to usher through a key data protection bill before the looming general election.
