Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal October 2, 2023 Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch
5 Reasons Why This Year’s City Giving Day was the Best One Yet September 29, 2023 On Tuesday 26 September, The Lord Mayor and Lady Mayoress of the City of London, Alderman, Sheriffs and 570 City businesses came together for City Giving Day. Hosted by The Lord Mayor’s Appeal, the annual event unites the City to celebrate and promote the positive impact of philanthropy. Here’s 5 reasons this year’s City Giving [...]
The Spectator’s UK profit grows as magazine ‘resilient’ ahead of sale by Telegraph owner September 28, 2023 The Spectator has said its profits in the UK grew last year, as the nearly 200-year-old magazine gears up for a sale. The weekly magazine, which was first published in 1828, said it is a profitable business which has “shown resilience through tough market conditions”. The company reported an increase in its UK earnings before [...]
Everyman posts five-fold drop in losses to £4.3m but Oppenheimer effect offers hope September 27, 2023 British cinema chain Everyman has reported a fivefold increase in losses due to weak ticket sales. Everyman, which has 41 cinemas, posted pre-tax losses of £4.3m for the first six months of the year, five times the £798k lost in the same period last year. Shares dipped over one per cent on Wednesday morning. Admission [...]
Citadel billionaire joins Sir Paul Marshall for Telegraph bid September 26, 2023 Ken Griffin, billionaire founder of Citadel hedge fund, is reportedly joining Sir Paul Marshall to prepare a bid for the Telegraph Group.
FTSE 100 close: London markets flat as investors digest higher for longer message September 26, 2023 Markets opened lower on Tuesday as markets digested the implications of interest rates having to remain higher for longer.
Solar energy boss considers rival markets after UK climbdown over green pledges September 26, 2023 The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.
Interest rates: no rise will be ‘welcome pause’ for banks September 25, 2023 The Bank of England's decision to leave interest rates on hold last week will come as a "welcome pause" to the UK's high street banks, analysts said.
Crisis-hit CBI strikes emergency funding deal with banks September 24, 2023 The CBI has managed to secure emergency funding after the race to raise cash forced the scandal-hit lobby group to cancel its annual general meeting last week.