Audit fees for London-listed firms skyrocketed by 75 per cent since 2017 February 26, 2024 Over the last five years there has been a significant increase in the fees paid by London-listed companies to auditing firms, due to the increase in both financial reporting requirements and auditing standards. According to a report by the Quoted Companies Alliance, its sample of 220 listed companies across the main market, AIM and Aquis, [...]
UK banks take first steps towards boosting bonuses after watchdogs scrapped cap February 26, 2024 UK banks are cautiously paving the way to awarding bigger bonuses after the financial watchdogs scrapped the cap on variable pay last year.
Budding economic recovery set to support sterling in weeks ahead, analysts argue February 26, 2024 A budding economic recovery and a later start to the Bank of England's interest rate cuts will support sterling over the coming weeks.
Toxic English rivers: not a single river classified as having ‘good’ water quality February 26, 2024 Toxic chemicals that remain in ecosystems for decades pollute every stretch of English rivers.
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn February 22, 2024 A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Hydrogen power firm Geopura to create hundreds of jobs after £56m investment February 22, 2024 Hydrogen power company GeoPura has secured a £56m investment which will help create hundreds of jobs, it has been announced.
Lloyds sets aside £450m for FCA motor finance probe February 22, 2024 Lloyds Banking Group has reported a record annual profit on the back of higher interest rates while setting aside £450m for a Financial Conduct Authority motor finance probe.
FTSE 100 close: London dragged lower as HSBC suffers worst share price fall since 2008 February 21, 2024 HSBC was the latest bank to announce results, following Barclays yesterday and Natwest last week, but markets were not impressed.
New landmark arena planned by operator of The 02 in London February 21, 2024 The company that runs The 02 in London has submitted plans for a new 8,500-capacity arena in Edinburgh.