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  • 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.

  • Barclays embarks on biggest shake-up since financial crisis after difficult decade

    February 20, 2024

    Barclays has sought to draw a line under a difficult decade with a marathon investor presentation laying out a three-year plan to restructure the bank.

  • Barclays chief CS Venkat: ‘We are creating a simpler, better, more balanced bank’

    February 20, 2024

    Barclays chief executive CS "Venkat" Venkatakrishnan has announced that the bank will become "simpler, better and more balanced" in a much-anticipated update on its restructuring plans.

  • Barclays plans to return £10bn to shareholders and cut £2bn in costs by 2026

    February 20, 2024

    Barclays has unveiled a drop in annual profits as the bank undergoes a sweeping restructuring designed to save £2bn in costs and return £10bn to shareholders by 2026.

  • Gen-Z needs more digital skills says tech secretary

    February 20, 2024

    Digital skills are crucial for the UK's workforce and the duty to educate lies partly with big tech companies, Michelle Donelan has said.

  • FTSE 100 close: Strong Barclays results fails to lift London due to China concerns

    February 20, 2024

    Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.

  • FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar

    February 16, 2024

    "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.

  • Abu-Dhabi backed RedBird IMI makes £1bn swoop on another London media company, All3Media

    February 16, 2024

    Investment fund RedBird IMI is set to snap up British TV and film production company All3Media just months after pouncing on the Telegraph.

  • Close Brothers faces uncertain future as FCA motor finance probe sparks crisis

    February 15, 2024

    Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.

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