Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation June 6, 2024 A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.
Barclays throws its weight behind fast-growing London wealthtech June 4, 2024 London-based fintech WealthOS has raised £4m in an investment led by Barclays.
Inspiration for all May 30, 2024 The Inspiring Partnerships programme from Inspiration for All is a unique senior leadership development programme with impact. The programme connects leaders in business with leaders in schools to advance social mobility through leadership. Research shows that great leaders add approximately two GCSE grades to every young person, therefore improving outcomes and access to opportunities. In business, leadership [...]
How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.
Why one US fintech boss reckons London is about to create ‘a lot of new winners’ May 28, 2024 The boss of a US fintech heavyweight has said London boasts more innovative firms than rivals across the pond, with a rebound in funding set to create "a lot of new winners" in the sector.
KPMG: UK and Swiss partners vote ‘overwhelmingly’ for £3.5bn merger May 24, 2024 Big Four KPMG UK and Swiss partners have voted "overwhelmingly" in favour of merging to become a $4.4bn business
Ofgem: Millions of Brits set for lower bills as price cap drops by seven per cent May 24, 2024 Millions of Brits are set to pay lower bills from July after Ofgem announced it would lower its price cap by seven per cent in response to falling wholesale prices.
Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
Auditor delay forces Royal Mail owner IDS to postpone annual results May 23, 2024 Royal Mail owner IDS remains in an offer period following an announcement last week about the potential takeover swoop by EP Group.