City watchdog gives Bloomberg terminals and credit agencies clean-ish bill of health February 29, 2024 The FCA ruled out major interventions due to potential unintended consequences but admitted that some areas of the market do not "work well".
CVS revenue shoots up 11.4 per cent following international expansion February 29, 2024 Veterinary services group CVS saw revenues shoot up 11.4 per cent over the last six months, as the group made its first international acquisitions.
Square Mile and Me: Town crier Alan Myatt on his accidental career and messing up names February 29, 2024 Alan Myatt, City of London town crier – and world record holder for loudest crier – tells us about his unique role in the Square Mile.
FCA urges Brits to ‘make money work harder’ by shopping around for savings rates February 27, 2024 Banks came under intense pressure from politicians and regulators last year for failing to pass through the Bank of England's rate hikes into savings products.
FTSE 100 close: Housebuilders drag London’s premier index into the red after CMA warning February 26, 2024 The biggest news of the morning was the Competition and Markets Authority's (CMA) announcement that it had found "fundamental concerns" with the housebuilding market.
UK banks take first steps towards boosting bonuses after watchdogs scrapped cap February 26, 2024 UK banks are cautiously paving the way to awarding bigger bonuses after the financial watchdogs scrapped the cap on variable pay last year.
Vodafone boss says European regulators need to ‘reboot’ and be more supportive of growth in the sector February 26, 2024 The chief executive of Vodafone Group has stated that European regulators need a "reboot" as she advances with her UK merger deal.
Regulator finds ‘fundamental concerns’ in housebuilding market after year-long investigation February 26, 2024 The Competition and Markets Authority (CMA) has published its final report on the housebuilding market in Great Britain today, and it makes for daming reading for the sector.
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn February 22, 2024 A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.
Citigroup raises Scottish chief Jane Fraser’s pay to £20.6m while slashing 20,000 jobs February 21, 2024 Citigroup has handed its Scottish chief executive Jane Fraser a six per cent pay rise to $26m for 2023, citing her bold plan to overhaul the Wall Street bank.