Investec sets aside £30m for FCA motor finance review May 23, 2024 London-listed South African banking group Investec has set aside £30m to cover potential costs from a City regulator probe into unfair car loans that could leave the motor finance industry on the hook for billions in compensation fees.
GPE to raise £350m to invest in London’s ‘attractive’ commercial property market May 23, 2024 GPE has launched a £350m rights issue along with its full-year results, which were published today.
Bloomsbury hikes dividend as Harry Potter and Sarah J. Maas titles power profit record May 23, 2024 Consumer revenue increased 49 per cent, fuelled by literary success, in particular by sales of J. Maas's fantasy fiction books.
Nationwide customers to enjoy £385m account windfall after bumper year May 23, 2024 Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.
AJ Bell: DIY investment firm ups dividend after reaching customer ‘milestone’ May 23, 2024 Revenue at the DIY investment platform rose by 27 per cent to £131.3m in the first half of the year, up from £103.6m in the same period last year.
Rolls-Royce: Booming travel demand underpins revival May 23, 2024 Rolls-Royce's recovery looks set to continue as airlines report bumper demand.
Hargreaves Lansdown shares surge after bid from private equity giants May 23, 2024 Hargreaves Lansdown has rejected a takeover bid by a consortium of private equity investors including CVC and Abu Dhabi's sovereign wealth fund, the company confirmed today.
FCA approves London Stock Exchange launch of Bitcoin and Ethereum ETPs May 23, 2024 As approval of a US spot Ethereum ETF edges closer, the UK’s Financial Conduct Authority has also given the go-ahead for WisdomTree Funds to launch their own Bitcoin and Ethereum physically-backed Exchange Traded Product (ETP) on the London Stock Exchange.
UK ‘risks being left behind’ as red tape choked tech start-ups, new report warns May 23, 2024 The UK “risks being left behind” as red tape is choking the potential of UK tech start ups, a new report has warned.
The return of Virgin Trains: Can Richard Branson give Avanti a good kicking? May 23, 2024 Could Richard Branson's return to the West Coast Main Line finally get Avanti West Coast on the right track?