Mike Ashley’s Frasers Group begins £80m share buyback scheme June 18, 2024 Mike Ashley's Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m.
National Wealth Fund will help create 650,000 jobs over five years, Reeves says June 17, 2024 Earlier this year the Shadow Chancellor announced the creation of a taskforce of experts to provide advice on crowding in private sector investment.
Bank of England to hold rates even as inflation looks set to fall to two per cent June 16, 2024 The rate-setting Monetary Policy Committee (MPC) left the door open for a June cut at its last meeting in May, but since then a number of data releases have pointed to stubborn inflationary pressures.
Barclays suspends sponsorship of Latitude, Isle of Wight and Download festivals after Israel protests June 14, 2024 Barclays has suspended its sponsorship of all Live Nation festivals for 2024 after artists pulled out in protest against the bank providing financial services to defence firms supplying Israel.
Barclays ordered to review exposure to private equity June 14, 2024 The UK's main banking regulator has reportedly instructed Barclays to review its leveraged finance unit amid growing concern over how lenders are measuring their exposure to private equity.
Bankers fired for ‘simulating’ being at their keyboards June 14, 2024 Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence June 13, 2024 Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders June 12, 2024 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Barclays in Moorgate vandalised as three arrested in apparent Palestine protest June 10, 2024 Three men have been arrested over the spraying of red paint on a Barclays branch in Moorgate, following several previous incidents linked to pro-Palestine activists.