Aviva hikes dividend and assures £400m takeover nearly over August 10, 2022 Insurance giant Aviva has sought to soothe investor concerns today, confirming that the nearly £400m takeover of Succession Wealth will be completed later this year. The deal is expected to be wrap up in the second half. While its interim dividend for this year has jumped 40 per cent to 10.3p per share – up [...]
Working in partnership to help children learn about money and finances August 8, 2022 Managing money is a key skill that is essential for adult life. Financial education therefore has the potential to equip young people with the confidence and skills they need to build their futures, open the door to a world of opportunities and transform their lives. However, the level of financial capability in the UK is [...]
Aviva looks to settle investor nerves after share price slide August 8, 2022 Aviva shareholders are braced to see whether the insurance giant can regain some momentum this week after its share price has stalled in recent months to trade no higher than 30 years ago.
Peer2Peer Finance Awards – nominations now open! August 3, 2022 Peer2Peer Finance News is hosting its inaugural awards event – the Peer2Peer Finance Awards – on Tuesday 6 December 2022 at the prestigious Hurlingham Club in London. The awards will highlight the best and brightest among the peer-to-peer lending industry, including platforms and the service providers supporting them. Categories have been announced, with all awards free to enter [...]
The financial adviser value proposition: the five components August 2, 2022 What can we do for our clients that they can’t do on their own? What can make us better at managing their money than they are? These aren’t always easy questions to answer as a financial adviser. But modesty aside, we need to be able to explain to potential clients how we can help them [...]
HSBC hits back at Ping An calls to carve out Asia business August 1, 2022 HSBC today hit back at intense pressure from its biggest shareholder to spin out its Asia business. The chief of Britain’s largest lender, Noel Quinn, said HSBC’s “strength as a well connected, global institution is the main reason our wholesale clients choose to bank with us”. “We are determined to capitalise on the advantages our [...]
Exclusive: UK small businesses on high recession alert August 1, 2022 British sole traders and small businesses are battening down the hatches in preparation for a looming recession, exclusive research shared with City A.M. reveals. Over three quarters of small firms are fretting over the UK economy steering into reverse, according to fintech firm iwoca. Firms are scrambling to boost their cash reserves to help weather [...]
Currys told to ditch price lock by shareholder to increase margins July 31, 2022 Currys has been told to ditch its “price lock” commitment and make goods more expensive by a veteran hedge fund manager amid the cost of living crisis. Crispin Odey, who holds a substantial stake in the firm, said “freezers and washing machines are going to have to be more expensive as they are currently being [...]
Ringfencing risks driving up energy bills, warns Cornwall Insight July 30, 2022 The cost of ringfencing consumer credit balances will risk adding more costs to bills "at a time when consumers can ill afford them" says Cornwall Insight.
CBI: Consumer spending smashes expectations, but deeper dip may be on the way July 26, 2022 Consumer spending is defying expectations and holding up better than feared amid sky high inflation, a new survey published today reveals. Retail sales volumes dipped to net a balance of minus four per cent this month, slightly lower than June, according to the Confederation of British Industry (CBI). But, the marginal drop was much better [...]