Sainsbury’s to pay Natwest £125m to take bank division off its hands June 20, 2024 Natwest has agreed to acquire Sainsbury's core retail banking arm - with the supermarket giant paying the lender £125m to take it off its hands.
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds June 17, 2024 Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021.
The threat of a listing exodus must spur on bolder risk-taking June 11, 2024 Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]
Sunak: ‘The plan is working’… But what is the plan? May 31, 2024 City A.M. has had a look at what Sunak and Hunt have been saying and doing over the past couple of years, pulling together what can, with a bit of squinting, be described as a plan.
Here’s how to get Gen Z interested in their pensions May 18, 2024 Allowing employees to choose their pension provider and consolidate their contributions into one pot is popular with Gen Z who frequently move jobs and could help them be more financially secure in the future, Says Niamh O Regan By and large, people choose their own financial products. Who to bank with, where to lodge their [...]
Competition watchdog: Nationwide PPI failures were due to how ‘systems were set up’ May 16, 2024 The competition regulator has written to Nationwide after it was revealed it provided incorrect information to payment protection insurance customers
Gamestop shares rocket as meme stock rally engineer ‘Roaring Kitty’ returns May 13, 2024 Gamestop shares soared as high as 110 per cent on Monday after the engineer of the meme stock rally, "Roaring Kitty," returned.
Firms outside London attract the majority of private capital May 9, 2024 The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
Train strikes, bad weather, hotel fire and ‘significant cost increases’ hit Brighton Pier operator May 8, 2024 Inflationary pressures led to “significant cost increases” particularly in food, drinks, wages and insurance, the company said.
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed May 1, 2024 Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".