Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR May 21, 2024 London-based insurtech Vitesse has secured a new $93m (£73.2m) funding round to support its expansion in the US.
Demand for UK business flights has fallen by nearly a third since 2019 May 20, 2024 Business travel demand has fallen by nearly a third in the UK since before the pandemic, according to new research from the New Economics Foundation.
Accountancy watchdog launches probe into UK network firm of Baker Tilly International May 16, 2024 The accountancy watchdog has launched a probe into MacIntyre Hudson over an audit of a unnamed company financial statement
London’s global edge has kept it punching well above its weight May 16, 2024 You’ve got the job, you’ve told your friends, you’ve even put it on your LinkedIn – and then it all falls apart. Something of a nightmare, and not just for the ego but it’s happening to foreign-born graduates of UK universities with visa issues. HSBC and Deloitte are the latest to pull job offers, driven [...]
Vemi Ventures Celebrates Milestone Achievements with Move May 15, 2024 Vemi Ventures, a new and growing Islamic and Ethical finance firm, celebrated its move into new offices in the prestigious heart of the City. The new custom-designed and trendy offices will be home to the growing team of now almost 50 employees. According to Hasan Raza,Vemi Ventures Group CEO, this move will hopefully “create an [...]
HSBC and Deloitte latest to pull job offers from UK grads due to new immigration rules May 15, 2024 HSBC and Deloitte have reportedly withdrawn job offers to foreign graduates of UK universities as new immigration rules bite
Crowe UK hit with £144,000 sanction for Aseana audit failings May 14, 2024 Accountancy firm Crowe UK has been hit with sanctions by the watchdog over its audit of London-listed Aseana Properties
Recession over as UK GDP grows faster than expected in first quarter May 10, 2024 Economists think the UK will grow 0.4 per cent this year, although the Office for Budget Responsibility (OBR) expects a 0.8 per cent expansion.
Labour market slowdown might be coming to an end raising questions for Bank of England May 9, 2024 The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.
Future: Publishing giant poaches ITV veteran to be new finance chief May 3, 2024 Publishing giant Future has poached ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm looks to rebound from a slump in profit last year.