Lloyds and Close Brothers shares drop as FCA motor finance review looms January 17, 2024 Shares in Lloyds Bank and Close Brothers extended losses on Wednesday as investors digest a surprise increase in inflation and analysts estimate the two firms could be rocked by a City watchdog review into motor finance.
Private sector investment central to Labour’s plan for Britain, Reeves to tell Davos January 17, 2024 Private sector investment is the “lifeblood of economic growth” and central to Labour’s ambitions for Britain, Rachel Reeves is set to say at Davos.
Seat Unique: Meet the premium ticketing company riding the ‘funflation’ wave January 17, 2024 Robin Sherry, the founder and chief executive of premium tickets provider Seat Unique, says the experience economy is booming.
As Panmure pulls the trigger, could Peel Hunt be the next broker to strike? January 17, 2024 Smaller investment banks have been through a wave of deals this year - could Peel Hunt be next?
Rich Ricci: Who is the horse racing chief of the City’s newest investment bank? January 16, 2024 Racehorse owner Rich Ricci is set to be reunited with his former Barclays boss Bob Diamond with the merger of investment banks Panmure Gordon and Liberum.
Panmure Liberum: Two City brokers merge into new investment bank led by Rich Ricci – with Bob Diamond providing the financing January 16, 2024 Two of the City's leading brokers have struck a deal to merge today to create the UK's largest investment bank focused on smaller and mid-sized listed firms.
UK banks could face major losses over FCA motor finance review January 15, 2024 UK banks could be on the hook for billions in compensation, according to analysts, after the City watchdog announced a review into unfair costs on discretionary car finance commissions.
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
Figma plots London office expansion despite fresh wave of tech layoffs January 11, 2024 Design company Figma is planning to ramp up its hiring this year in London amid a rapidly growing UK digital design market.
PS5s and perfumes boost seasonal sales at The Very Group January 11, 2024 Christmas ales at retailer The Very Group were boosted by the popularity of games consoles and perfumes, it has been revealed.