Fintechs set for ‘substantial uptick’ in stock market listings as UK investment rebounds June 26, 2024 The fintech market is primed for a “substantial uptick” in IPO activity, according to Boston Consulting Group, as investor sentiment around UK start-ups rebounds after a bruising 2023.
KPMG to cut 200 UK jobs as firm battles market slowdown June 21, 2024 Big Four firm KPMG is reportedly set to slash more roles in the UK as it battles with a market slowdown.
Inflation drops to two per cent ahead of Bank of England interest rate decision June 19, 2024 Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.
UK fintech job vacancies surge as investors flock back to London June 17, 2024 London is driving a surge in UK fintech recruitment this year, data shared exclusively with City A.M. shows, as start-ups push for rapid growth and enjoy green shoots in investment after a rough couple of years.
Economy stagnant in April thanks to wet weather as recovery falters June 12, 2024 Getting the economy firing again is a crucial election pledge for both Keir Starmer and Rishi Sunak.
Wage growth barely moves but unemployment creeps up as Bank of England considers rate cuts June 11, 2024 The figures will be closely scrutinised as policymakers at the Bank of England consider when to cut interest rates.
Tesla out, Nvidia in: Where investors are putting their money June 11, 2024 Nvidia, Tesla and commodities: Victoria Scholar takes the Notebook pen to talk about the latest trends in retail investment.
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.