Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Bank of England to take heart from positive surveys as markets wait on interest rate cuts June 7, 2024 Although there were no major releases, two surveys showed encouraging signs that inflationary pressures were easing, welcome news after April's inflation data came in hotter than expected.
Natwest boss open to acquisitions as he predicts more consolidation in UK banking June 6, 2024 The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.
San Francisco T100: ‘Big Unit’ Long eyes escape from rivals at Alcatraz triathlon June 6, 2024 Preview of the third leg of the tour featuring the world's top male and female triathletes.
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales June 6, 2024 The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high street.
Barclays throws its weight behind fast-growing London wealthtech June 4, 2024 London-based fintech WealthOS has raised £4m in an investment led by Barclays.
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
FTSE 100 today: London markets set for muted open ahead of ECB rate cut decision June 4, 2024 Doubts about US exceptionalism drive Asian market decline. UK spending slows in May. Investors watch ECB and BOC policies.
Panmure Liberum to cut dozens of jobs after landmark City merger June 3, 2024 Newly-formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City's leading brokers earlier this year.
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.