UK continues to ‘dodge recession’ as private sector growth at six month high December 15, 2023 This comes as the UK economy has been flirting with a recession for more than a year, battling stubborn inflation, high energy bills.
From branch closures to ‘debanking’ – Which bank faces the highest number of complaints? December 10, 2023 The UK's high street lenders have faced a tsunami of complaints this year from concerns about branch closures to customer service. But which bank faces the most complaints?
Jacob Rees-Mogg’s Somerset Capital to wind down after St James’s Place loss December 7, 2023 Tory MP Sir Jacob Rees-Mogg's boutique fund management house Somerset Capital is set to wind down
Insurance chiefs on way out after Lloyd’s investigation of ‘non-financial misconduct’ December 4, 2023 The CEO of CFC Group and the CEO of CFC Underwriting are leaving the company after an investigation by Lloyd’s into allegations of non-financial misconduct
Octopus charges up EV leasing business with £550m funding December 4, 2023 Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.
Insurer Aspen eyeing up New York for potential $4bn float December 3, 2023 Insurer Aspen is eyeing up a listing in New York even though the majority of its operations are in the UK, according to a report, due to concerns around UK valuations and stricter listing requirements. Were it to go ahead with a US listing, the $4bn (£3.15bn) initial public offering (IPO), expected next year, would deal a [...]
Media secretary to intervene in the Telegraph sale November 30, 2023 Culture and media secretary Lucy Frazer has announced she is intervening in the sale of the Telegraph Media Group.
Metro Bank has learned ‘the hard way’ about costly branches, analysts say November 30, 2023 Metro Bank today announced a shift in strategy as it prepares to lay off 20 per cent of staff, considers cutting opening times and tries to simplify its business model to become more cost-efficient.
London takes business crown as confidence hits highest since early 2022 November 30, 2023 New data from the Lloyds Business Barometer showed that business confidence in London rose nine points to 56 per cent in November.
Edge of the dial stuff: How Patek Philippe, Audemars et al are making the impossible possible November 28, 2023 The Swiss pioneers from Patek Philippe, Audermars et al who are changing the face of a mechanical timepiece’s inner anatomy