Banks commit to more hubs as government demands improved cash access March 19, 2024 The UK's biggest high street banks have pledged to identify nearly 200 new places for shared banking hubs and upgrade dozens of locations after calls from the Treasury to improve access to cash.
Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks March 18, 2024 Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.
Government to fully fund apprenticeships for small firms, Rishi Sunak to announce March 18, 2024 The government will fully fund apprenticeships for small and medium sized enterprises (SMEs) with a £60m investment in up to 20,000 training places, Rishi Sunak will announce.
M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services March 17, 2024 Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".
HSBC leads Sizewell C investment push as time ticks on final investment decision March 14, 2024 Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project. According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s [...]
Forged in victory: Ironwoman champion’s triathlon domination March 14, 2024 Despite no triathlon experience, Lucy Charles-Barclay threw herself in at the deep end of the toughest triathlon discipline of all – Ironman.
The Square Mile Comes Together for the Launch of City Giving Day 2024 March 14, 2024 The Lord Mayor of the City of London Alderman Professor Michael Mainelli and Lady Mayoress Elisabeth Mainelli hosted the Square Mile’s top businesses at Mansion House this week to launch City Giving Day 2024. A firmly fixed date in the Square Mile’s social calendar, the annual event hosted by The Lord Mayor’s Appeal, brings the [...]
Israel-Palestine Activism: A Turning Point for Financial Institutions? March 13, 2024 Since October 2023, campaigning on the Palestinian cause has skyrocketed. SIGWATCH data shows that the second most targeted industry, after the arms manufacturers themselves, was finance. Perhaps you’ve noticed some of the UK Barclays branches looking a bit worse for wear recently? If so, that’s most likely the handiwork of activist groups such as War [...]
Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging March 13, 2024 Both men were investigated and prosecuted by the Serious Fraud Office (SFO) along with others in the Eibor case.
Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group March 12, 2024 A consortium of News Corp, Daily Mail General Trust and Redbird IMI may alleviate mounting concerns over the Telegraph takeover.