Reform UK chiefs ask to meet gilt holders amid bond rout Markets Robert Jenrick has asked to meet with top traders at the likes of Barclays and Goldman Sachs in London and New York who hold UK gilts as a recent surge in borrowing costs threatens the UK’s public finances. Reform’s Treasury spokesman announced at the Reform conference that he had written to the major holders of [...]
Paragon MD: Planning system is quashing UK developers’ ambition Opinion We dig into the memory bank of the City's great and good. Today, Neal Moy, MD at Paragon Development Finance, takes us through his career.
MEX Exchange, part of MultiBank Group, Strengthens Global Operations and Technology Leadership with Three Senior Promotions Business Wire Jeremy Pearce and Beth White promoted to regional COO roles, with James Longo named CTO
City firms face FCA clampdown on bullying and harassment September 1, 2026 City bosses are set for fresh scrutiny over the conduct of their staff as the financial regulator extends a clampdown on non-financial misconduct issues like bullying and harassment. After years of consultation, surveys and industry feedback, the Financial Conduct Authority’s (FCA) new rules on non-financial misconduct in non-banking firms take effect on Tuesday for around [...]
‘Big hitter’ Baldock readies Boots makeover August 31, 2026 As workers across the City return to their desks after the summer holidays, one executive is starting somewhere new. Alex Baldock, the former boss of Currys, will take his place as chief executive of health and beauty retailer Boots on Tuesday, City AM understands. The group, one of the UK’s biggest and best-known retailers, has [...]
Treasury ‘tells Healey’ to consider tax on banks and oil August 30, 2026 Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports. Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]
Lloyds Bank and Halifax users unable to use app in latest outage August 26, 2026 Lloyds Banking Group has been hit with another app outage that has left thousands of customers unable to use services. The financial giant – which has Lloyds, Halifax and Scottish Widows under its umbrella – said it was “working to get things back to normal as quickly as we can” as users took to social [...]
Radiology Partners to Acquire Everlight Radiology, Creating a Global Leader in Teleradiology August 25, 2026 Combination will extend 24/7/365 subspecialty coverage for hospitals, health systems and imaging providers across the United Kingdom, Ireland, Australia, New Zealand and South Africa
Aggreko Announces Filing of Registration Statement for Proposed Initial Public Offering August 24, 2026 Aggreko Inc. (“Aggreko”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its ordinary shares. The timing of the offering, number of shares to be offered and the price range for the proposed offering [...]
Monzo faces outage as thousands of users unable to make payments or transfers August 19, 2026 UK fintech Monzo has suffered an outage that has left thousands of its users unable to use its banking services. The digital bank said it had “identified some issues” and initiated a stand-in backup service, which would allow users to still complete card payments and receive transfers. But some users have continued to raise concerns [...]