Cashplus boss: More challenger banks to go up for sale as big lenders see ‘brain drain’ February 3, 2024 The consolidation of mid-sized challenger banks will likely ramp up in 2024, the chief executive of digital bank Cashplus has told City A.M.
Thermo Fisher Scientific’s £2.43bn Olink acquisition catches CMA’s eye February 2, 2024 The planned $3.1bn acquisition of Olink Holding by Thermo Fisher Scientific is being investigated by the UK's Competition and Markets Authority.
DMG and News Corp: Competition watchdog launches inquiry into merger of Sun and Mail publishers February 1, 2024 The Competition and Market Authority (CMA) has launched a merger inquiry into the Sun and Mail publishers plans to combine print operations. Daily Mail and General (DMG Media) and News Corp UK and Ireland (NewsUK) proposed a joint venture last October which would combine the printing operations of NewsUK and DMG Media printing sites in [...]
Vodafone shuns offer from Iliad to tie up Italian businesses January 31, 2024 Shares in Vodafone fell over three per cent after it rejected an offer from French telecoms company Iliad to merge their Italian businesses.
Challengers say new law will end Big Tech’s ‘stranglehold’ January 31, 2024 A number of tech challengers and startups have urged the government to pass the digital markets bill before the next election to help end Big Tech's "stranglehold" on the sector.
Bunq mulls London IPO as European neobank plots Monzo and Revolut UK challenge January 30, 2024 European fintech and neobank Bunq has applied for a UK electronic money institution (EMI) licence as it looks to capture market share from the likes of Revolut and Monzo ahead of a potential IPO.
London is a top global financial centre – but let’s not get complacent January 29, 2024 London may currently hold the top position in global finance hub ratings, but solid policy and reforms are urgently required, writes Chris Hayward
BT heads to court to fight £1.3bn class action January 29, 2024 Telecoms giant BT is set to appear in court today as it faces a £1.3bn class action over allegations it has "disproportionately overcharged" its landline customers, many of whom are elderly.
UK ‘complacent’ on data protection, OVH Cloud chief warns January 28, 2024 The UK is too complacent in its approach to data protection, the boss of French cloud provider, OVH Cloud, has said.
Culture Secretary makes new intervention in Abu Dhabi-backed Telegraph takeover January 27, 2024 Lucy Frazer has issued a new public interest intervention notice (PIIN) and extended the deadline for Ofcom and the Competition and Markets Authority (CMA) to hand over the findings of their probes into the acquisition.