Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
Euro 2024 prize money: How much can teams win in Germany? June 14, 2024 The team that wins this year’s Euro 2024 Championship in Germany could pocket themselves £28,250,000 in prize money. Data from the Uefa Financial Report, crunched by Football Benchmark, has shown that prize money for this year’s Euros, which begins on Friday 14 June, has not changed since the 2020 tournament. But teams can still cash [...]
FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom June 14, 2024 Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.
General election 2024: Do the spending promises stack up? June 13, 2024 We've reviewed the three major parties' policy pitches to determine whether their spending promises stack up. The answer, on the whole, is no.
Virgin Money warns of margin and cost pressures as Nationwide merger looms June 13, 2024 Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines June 13, 2024 Investment banks are increasingly struggling to get workers to comply with bans on using Whatsapp for business communication, a new survey suggests, after a slew of heavy regulatory penalties.
Will it work? Slashing waste June 13, 2024 It’s an election year. Politicians are giving us a barrage of policies. But we often forget to ask the most important question: will they actually work? In this column Sam Fowles take policies on their own terms and asks whether they solve the problem they’re supposed to solve. When they’re not getting milkshakes poured on [...]
FTSE 100 today: London markets set to open lower amid reduced US Fed rate cut bets June 13, 2024 Asian markets mirrored Wall Street gains, Broadcom surged on a raised revenue forecast. Eyes on US producer prices and Treasury auctions.
Fed holds interest rates for seventh consecutive meeting after ‘modest’ progress on inflation June 12, 2024 At the turn of the year investors thought the cutting cycle would be well underway but now traders do not expect a cut until September.
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders June 12, 2024 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.