After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Rate setter calls for market digitalisation and touts Bank of England’s flexibility April 29, 2025 Bank of England rate setter Dave Ramsden has called for bold action on digitalisation in a rebuke of concerns that the Bank’s prescriptive rules were stifling innovation. Speaking at the Innovate Finance Global Summit on Tuesday, the central bank Deputy Governor said widespread innovation in wholesale financial markets from authorities and industry would boost the [...]
Larry Fink: Britain is ‘undervalued’ and Yimbyism is essential April 25, 2025 BlackRock boss Larry Fink has described British assets as “undervalued” as he indicated that more investment would be pumped into the UK economy. The chairman of the world’s biggest investment company praised the urgency across Europe to deliver higher growth as he said that the UK had been “so smothered” by unnecessary regulation. “[We] have [...]
Meta platforms at the heart of Oasis ticket scams, Lloyds reveals April 24, 2025 Meta-owned platforms, particularly Facebook, have become the primary breeding ground for last year’s surge in Oasis ticket scams, according to recent data from Lloyds Banking Group. The bank’s research highlighted that over 90 per cent of reported scams targeting Oasis fans originated on social media, with a staggering 56 per cent of all reported concert [...]
HSBC, Barclays, Lloyds: Lenders bank on interest rate cut as mortgage ‘price war’ heats up April 17, 2025 Top UK lenders are offering more mortgages to prospective house buyers, the Bank of England has revealed, as falling interest rates stir up a “price war” on the high street. The Bank’s credit conditions survey revealed that the burgeoning supply of mortgages would come against a levelling off in demand in the three months to [...]
Mark Kleinman: Is it Rathi vs Woods in governor race? April 17, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Is it Rathi vs Woods in race to be next governor? And so it came to pass. A month after I wrote in this column that Nikhil Rathi was likely to stay on as chief executive [...]
FCA to rip 140 pages out of handbook in deregulation drive April 16, 2025 The UK’s financial watchdog has vowed to rip scores of pages from its handbook as it slashes red tape in a drive to boost growth. The Financial Conduct Authority (FCA) said as many as 140 pages will be removed from the lengthy handbook, as it opened a consultation on scrapping data collection requirements. The move [...]
Nikhil Rathi reappointed FCA chief April 10, 2025 Nikhil Rathi will be chief executive of the Financial Conduct Authority (FCA) for another five years, leading it on its new directive from the government to slash unnecessary and duplicated regulation, the Chancellor has confirmed. Rathi—a former Treasury mandarin and chief executive of the London Stock Exchange—will serve another five-year term as the boss of [...]
Bionow Awards honour our greatest Innovators April 9, 2025 The Bionow Awards are given to honour those most deserving for their ingenuity and dedication, distinguishing them from their competitors and proving them worthy of recognition. With a prestigious history of more than 20 years, the awards have become the leading life sciences accolades in the UK; highlighting the achievements of the sector, shining a [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
FTSE 100 companies to bolster top bosses’ pay and accelerate reviews April 7, 2025 FTSE 100 companies are looking to bolster executive pay and fast-track review periods in a bid to remain competitive with US peers, according to fresh research from Deloitte. The firm’s report showed 24 of 55 companies that published their annual reports for 2024 have sought shareholder approval for new pay policies. This is up from [...]