Aldi faces £3.7m legal action by British Brussels sprout supplier May 6, 2024 German supermarket giant Aldi has been hit with legal proceedings by a Yorkshire-based Brussels sprout supplier over being de-list with no reason
HSBC scraps bonus cap for hundreds of top UK bankers after tense annual meeting May 3, 2024 HSBC shareholders have waved through the lender's proposal to remove an EU-imposed bonus cap, paving the way for it to hand bigger payouts to hundreds of top UK bankers, after a tense annual meeting dominated by questions over its pension policy and green finance.
Palestine Protest: Students, Corporates & Where it’s Going May 2, 2024 A Pro-Palestine protest has hit university campuses across the U.S., including Columbia, NYU, Harvard Law, Yale, Emory, Georgia Tech, University of Texas, Washington, and Michigan among others. This comes after similar student protests called for the Canadian Big 5 Banks to divest from Elbit Systems last month. Activist campaigning has skyrocketed following the events of [...]
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.
Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
Barclays starts to cut hundreds of jobs in cost-saving bid and investment bank shake-up May 1, 2024 Barclays has reportedly started cutting hundreds of roles, including at its investment bank, as the group looks to cut costs and improve its share price.
Takeover bids, millionaire CEOs and angry members: Building societies are looking a lot like the big banks May 1, 2024 Runaway profits, big-ticket acquisitions and bumper executive pay rises, Britain's building societies are starting to look a lot like banks.
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed May 1, 2024 Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".
The Telegraph is back on the market. Who could buy it? April 30, 2024 A number of potential bidders are still interested in buying the Telegraph since the government thwarted Redbird IMI's takeover attempt.