Budget: Jeremy Hunt doesn’t want rabbits in hats, he wants all of us back to work March 15, 2023 Jeremy Hunt will spend more than £2.5m per new worker in the workforce through pension and childcare policies in five years time.
Freefall: Credit Suisse potentially ‘next shoe to fall’ as bank contagion fears spread across Europe March 15, 2023 Shares in Credit Suisse tanked today after one of its main shareholders ruled out providing new funding to the embattled lender prompting a major sell-off in the wider European banking sector. Credit Suisse shares traded as much as 30 per cent down earlier on Wednesday, and are now trading around 23 per cent lower. Banking [...]
Silicon Valley Bank triggers rout as HSBC, Lloyds and Natwest shares tumble March 13, 2023 Bank stocks slumped on both sides of the Atlantic today as the fall out of the Silicon Valley Bank crisis spooked investors. The sector has been plunged into turmoil since Friday as the full scale of the troubles at the start-up and venture capital focused lender became clear. American bank First Republic was among the [...]
Silicon Valley Bank’s demise began with downgrade threat March 11, 2023 In the middle of last week, Moody’s Investors Service delivered alarming news to SVB Financial Group, the parent of Silicon Valley Bank: the ratings firm was preparing to downgrade the bank’s credit. That phone call, described by two people familiar with the situation, began the process toward Friday’s spectacular collapse of the startup-focused lender, the biggest bank [...]
Could A 4 Day Work Week Be Coming To Your Workplace? March 6, 2023 Four day work weeks have long been hailed as the future of work. But are we ready for such a monumental change in our working patterns and schedules? Earlier this month, 4 Day Week Global released its 2023 report, the contents of which have created quite a bit of debate across the fintech industries. The [...]
Tesco ‘considering sale’ of Tesco Bank, according to reports February 20, 2023 Tesco is considering selling Tesco Bank, according to Sky News which has reported that the supermarket giant has started a review process for its banking arm. The review is at a very early stage, according to insiders, and may not lead to a formal sale process. A partial sale or joint venture may also be [...]
Savers warned of approaching state pension National Insurance ‘top-up’ deadline February 17, 2023 Those with missing years in their state pension contribution record between 2006 and 2017 have until April 5 to make voluntary contributions, an investment platform has warned From 6 April the number of extra years available to purchase drops to the last six tax years Alice Haine, personal finance Analyst at Bestinvest, a DIY investment platform [...]
CRYPTO AM SPOTLIGHT: Bison Bank and its crypto assets subsidiary – Bison Digital Assets February 14, 2023 Crypto AM shines its spotlight on Lisbon-based Bison Bank and its specialised range of services to high net worth individuals.
Take the hassle out of debt collection February 14, 2023 Recovering outstanding debt can be a hugely stressful process for all those involved. Access Credit Management can help take the sting out of it, offering more than 23 years of experience in dealing with slow-paying debtors, and having secured a reputation for securing and recovering outstanding commercial debt from around the world. Access Credit Management [...]
Iceland shrugs off loss of credit insurance cover saying it is ‘incredibly well positioned’ and expects to reinstate the policy soon February 7, 2023 According to reports first published in The Sunday Times, the French insurer slashed cover for the discount grocer in December - following a similar move by Allianz and Atradidus.