JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
Alliance Pharma sees profit and revenue spike amid ongoing uncertainty June 19, 2024 Alliance Pharma has hailed its strong second half performance for helping it to record sales and additional profit expansion in its preliminary results despite the healthcare group having delayed its audited results three times this year.
From telecom towers to crypto mines: Deutsche Telekom dives into Bitcoin mining June 19, 2024 In a stunning announcement at the BTC Prague conference, Deutsche Telekom, Europe’s largest telecom provider and parent of T-Mobile, unveiled its plans to enter the Bitcoin mining arena.
Build, Baby, Build: The private sector alone won’t fix the housing crisis June 18, 2024 The private sector has never delivered the 300,000 homes a year the government says we need; local authorities must be part of the solution, say Gideon Salutin and Niamh O Regan All the major parties are promising more homes at this election. Labour has promised 300,000 a year for England, while the Conservatives have pledged [...]
Petrol prices: Supermarkets accused of using election ‘distraction’ to keep prices high June 17, 2024 The RAC said prices are "far higher than they should be."
For whom the crypto bell polls June 17, 2024 Elise Soucie‘s monthly column will cover policy and consultation updates from around the world, as well as the latest digital innovations in institutional markets. In just two weeks, the UK will have an election that is anticipated to shift the political balance of power, but will also likely have a wide-ranging impact on the nations [...]
Renting remains cheaper than buying in UK as mortgage rates soar June 17, 2024 The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
CMA launches investigation into £2.5bn Barratt-Redrow merger June 14, 2024 The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.
Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
‘Lessen competition and deter investment’: BT lashes out at Vodafone-Three UK deal June 14, 2024 The regulator has been gathering responses to its investigation into Vodafone and Three UK's tie-up.