FCA boss: Watchdog’s mindset ‘is changing’ on financial advice September 24, 2024 The Financial Conduct Authority (FCA) has said its “mindset is changing” as it attempts to make financial advice more accessible to consumers. The watchdog is aiming to shift the way it regulates to take a “more outcomes-based approach”, said Sarah Pritchard, executive director of markets and international at the FCA, in a speech today. With [...]
The ‘last bastion of extreme sexism’: life as a female entrepreneur September 24, 2024 Debbie Wosskow, behind the Invest in Women Taskforce, on how she’s managed to surpass the challenges on her entrepreneurial journey so far.
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
Panmure Gordon suffered £7.2m loss before merger with Liberum September 23, 2024 Panmure Gordon continued its loss-making streak in the year before its merger with City rival Liberum in the latest sign of factors influencing consolidation among Britain’s corporate brokers. The investment bank posted a £7.2m loss for the 12 months ending on 31 December 2023, according to newly-filed accounts. This compares to a £16.3m loss in [...]
Women’s Super League scores bumper new Barclays deal in win for new regime September 23, 2024 The Women’s Super League has secured a major boost after Barclays renewed its title sponsorship of the WSL and Championship on improved terms. Under the new deal Barclays says it has doubled its investment until 2028. Reports suggest the bank has committed £15m a year, starting from next season, in what is the biggest agreement [...]
Fidelity and Abrdn among backers of new investment platform trade body September 22, 2024 Fidelity and Abrdn are among the big names to have joined a new trade body for online financial sites as the industry faces regulatory scrutiny and a government shake-up.
New era, new challenges as Women’s Super League goes it alone September 20, 2024 Norbiton might seem an unlikely place for a revolution but nothing less than a new era in the history of the Women’s Super League (WSL) is in the offing at Kingsmeadow today. The season opener between champions Chelsea and Aston Villa will be the first fixture to take place since the WSL flew the Football [...]
Reeves backs Invest in Women Taskforce as funding for female-led firms drops September 18, 2024 Rachel Reeves has backed the Invest in Women Taskforce after a new report revealed that the number of female founders who received private equity investment this year has dropped.
UK bank compensation scheme faces leadership vacuum after recruitment delays September 18, 2024 The institution that protects government-guaranteed deposits in failed banks is facing questions over its future leadership after multiple setbacks to recruiting a new chair and permanent chief executive, City A.M. can reveal.
Barclays: Scrap stamp duty to drive UK capital markets boom September 16, 2024 Barclays has backed a review of stamp duty on share purchases in a bid to “revive” the UK’s flagging stock market. In a report on Monday, the bank argued that a variety of changes were needed to make London “internationally attractive”, as well as encouraging unlisted companies to float on the UK’s main market. The [...]