Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Lord Adair Turner rejoins Oaknorth as digital bank mulls IPO December 24, 2023 Digital challenger bank Oaknorth has appointed former City watchdog boss Lord Adair Turner to be its chair as it mulls an IPO.
London Stock Exchange boss: Listing rules shake-up is just ‘one part’ of required reform December 20, 2023 The Financial Conduct Authority is taking “decisive steps” to overhaul London’s listing regime but tweaking the rules is just "one part" of the reform need for UK capital markets, the London Stock Exchange chief has warned.
FCA presses on with listings shake-up in bid to revive London’s barren IPO market December 20, 2023 The FCA has confirmed its shake-up of the listing market in a new set of rules.
Telegraph board flags ‘financial irregularities’ to government December 19, 2023 The Telegraph's interim board directors have flagged historical issues in the company's accounts to the government.
Bank of England to work more closely with regulator to promote key objectives December 19, 2023 "The shared aim of this MoU is to enable closer working between the parties, including the exchange of appropriate information, to assist them in discharging their statutory functions," the document said.
Nasdaq getting ‘a lot of calls’ from UK firms seeking a listing, says top exec December 18, 2023 The City’s mission to address the sharp fall in listing activity was dealt another blow today after a Nasdaq executive claimed “a lot” of UK firms were calling the bourse with interest in listing on the US index.
Adobe and Figma scrap £16bn merger after regulators criticise deal December 18, 2023 Adobe and Figma have ditched their $20bn (£16bn) tie-up after struggling to secure regulatory approval in both the UK and Europe.
Watchdog to investigate mattress firm Simba over pricing tactics December 15, 2023 The competition regulator has launched a probe into mattress seller Simba Sleep amid concerns its could be misleading shoppers with price reduction claims. The Competition and Markets Authority (CMA) said it will examine whether the firm has “misled consumers about price reductions and put unfair pressure on consumers to make quick purchases”. It comes after [...]
UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis December 14, 2023 A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.