LMA: Driving change in Lloyd’s of London October 22, 2024 The UK’s £50bn specialist insurance market is a powerhouse, one of the tokens is the Lloyd’s Market Association, which are at work to drive the markets evolution
Silentnight: Profit at mattress supplier up nearly a third October 15, 2024 Mattress supplier Silentnight has reported a sharp uptick in revenue in the last financial year as business and consumer demand for beds increased. Revenue at the UK’s “most trusted sleep brand”, reached £143.8m in the year to the end of January 2024, up 29 per cent from £111.3m in the previous year. The company, which [...]
Smaller firms eye chunk of Big Four’s audit work with uptick in clients September 30, 2024 Non-Big Four firms have experienced an uptick on audit work across FTSE 250 and all main market clients, as competition with the audit giants continues
Clearbank eyes flurry of new products amid ‘huge demand’ for fintech September 30, 2024 ClearBank is eyeing up a string of new business lines after hitting profitability and taking its first steps towards international expansion.
Controversial Wimbledon expansion plans get green light September 27, 2024 Wimbledon’s controversial expansion plans have been given the green light by the Greater London Authority. The decision taken by Jules Pipe, London’s deputy mayor for planning, means the All England Club’s proposal to build 39 new courts, including an 8,000-seat show court, on the adjacent former Wimbledon Park Golf Club and nearly triple the size [...]
FCA to ‘intensify engagement’ with City over controversial ‘name and shame’ plans September 24, 2024 The Financial Conduct Authority (FCA) is planning to "intensify" its engagement with the City in the coming months over controversial plans to ‘name and shame’ firms under investigation.
FRC: Reporting gap between FTSE 350 and AIM widening September 24, 2024 The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
Fidelity and Abrdn among backers of new investment platform trade body September 22, 2024 Fidelity and Abrdn are among the big names to have joined a new trade body for online financial sites as the industry faces regulatory scrutiny and a government shake-up.
Two of Mike Ashley’s brands face audit problems after payroll data goes missing September 22, 2024 Two fast-fashion brands at Mike Ashley’s Fraser Group, I Saw it First and Choice, have been affected by audit issues after their payment data could not be verified. Auditors Cooper Parry were unable to verify £7m of wages and salary payments at I Saw It First, according to This Is Money. The fast-fashion brand said [...]