FTSE 100 and European stocks plunge amid fears of US recession August 5, 2024 London's FTSE 100 has fallen to its lowest level since April as a global market rout triggered by fears of a US recession continued into a new week.
Societe Generale offloads UK and Swiss private banking units in latest sales August 5, 2024 French bank Société Générale has struck a deal to sell its UK and Swiss wealth management businesses to Geneva-based Union Bancaire Privée for €900m (£771m) as part of efforts to offload less profitable divisions.
Yodel merger with Shift off the cards after £85m funding deal August 2, 2024 A planned merger between Yodel and the logistics tech firm Shift is no longer on the cards after the parcel delivery giant unveiled an £85m funding package intended to quell concerns following its brush with bankruptcy earlier in the year.
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]
Barclays announces £750m buyback after beating expectations August 1, 2024 Barclays joined other lenders in announcing sizeable returns to shareholders after performing ahead of expectations in the second quarter. In the three months to June, Barclays reported a pretax profit of £1.9bn, more or less unchanged on last year but comfortably ahead of the £1.6bn expected by analysts. The lender’s investment bank and its wealth [...]
FCA to extend motor finance probe amid consumer tensions July 30, 2024 The FCA said it intended to set out next steps in its review into the past use of so-called DCAs in May 2025.
London T100 can do for triathlon what Wimbledon does for tennis, say organisers July 29, 2024 Forty of the world’s top male and female triathletes took to the city’s streets and the water of Victoria Dock on Saturday and Sunday.
Sam Laidlow ditches tri-suit to claim ‘home’ win at London T100 Triathlon July 28, 2024 British-born Sam Laidlow delivered a home win of sorts in the first ever London T100 Triathlon in Docklands on Sunday. The 25-year-old from Bedfordshire took the lead on the bike and held off New Zealand’s Kyle Smith on the run to win by 25 seconds at the ExCeL Centre. Laidlow represents France, where he has [...]
Libor: Tom Hayes set for Supreme Court after permission granted for final plea July 25, 2024 The highest court in the UK is set to hear ex-bankers Tom Hayes and Carlo Palombo appeal after granting them permission to hear their case.
What is the T100 Triathlon World Tour? July 25, 2024 The T100 Triathlon World Tour is a new series designed to elevate and further professionalise the sport by showcasing only the world’s best male and female long-distance triathletes in a format conceived specifically for broadcast. Each of the races on the global calendar takes place over 100km — a 2km swim, 80km bike ride and [...]