FCA ‘strengthens’ internal whistleblowing policy after backlash November 27, 2024 The Financial Conduct Authority (FCA) has said it will look to strengthen its internal whistleblowing policy after intense criticism over its handling of complaints from former staff. The City regulator said today it will clearly lay out how its chair and other non-executives can internally share information about whistleblowers in order to protect their confidentiality [...]
Aston Martin raises £210m following profit warnings November 27, 2024 Falling demand in China, delivery delays and the wider push into electric vehicles (EVs) have hit Aston Martin shares over the last year.
Tesco Clubcard and Sainbury’s Nectar schemes do help consumers, regulator says November 27, 2024 A year-long probe into UK supermarkets’ pricing practices has found “very little” evidence that shoppers are being treated unfairly with loyalty programmes such as the Tesco Clubcard scheme and Sainsbury’s Nectar points. The Competition and Markets Authority (CMA) probe, which has been ongoing since November last year, investigated whether supermarket loyalty schemes cause inflation by faking the [...]
The Naked Truth November 27, 2024 Marica Bonomo followed in the family footsteps to create sensational wines in the romantic Italian hills surrounding Lake Garda. Naked’s Angels named her Winemaker of the Year 2023 and her wines feature in the Spectators ‘Top 100 Wines in the World’ How did you get Naked? Joining this lovely new family has been a huge [...]
Data and talent drive the insurance sector November 27, 2024 Aon’s Jason Noronha explains how the company uses data to gain an edge over competitors. Aon has grown to become one of the world’s foremost insurance institutions, but the company cannot rest on its laurels. Technology is increasingly shaping the direction of the industry, helping companies streamline their operations while enhancing the proposition for customers. [...]
Zempler Bank begins layoffs after announcing jump in profit November 27, 2024 The boss of challenger bank Zempler privately told staff he would lay off around five per cent of its workforce on Monday, just as the company publicly announced a jump in profit in its latest financial year, City AM can reveal. In an email to staff, seen by City AM, the digital bank’s chief executive, [...]
What does the Formula 1 expansion mean? Racing is in the fast lane November 27, 2024 So after months of wondering whether Formula 1 would ever have more than 10 teams on the grid again, we have finally got our answer. Late on Monday it was announced that F1 had entered into an agreement in principle with General Motors division Cadillac for an entry into the top level of global motorsport [...]
‘More of the same’: City lawyers sceptical of FCA’s five-year plan November 26, 2024 The Financial Conduct Authority (FCA) has set out a new five-year strategy, including details about its secondary objective to support the growth and competitiveness of the UK economy. In a speech today, FCA chief operating officer Emily Shepperd outlined the four key themes that the City watchdog would be focusing on: Growth and innovation, financial [...]
Rate looks to have Special chance in Newcastle’s Rehearsal November 26, 2024 CONSTITUTION Hill was all set to make his long-awaited reappearance in Newcastle’s Fighting Fifth Hurdle (2.10pm) on Saturday, but lameness after his much-publicised Newbury gallop has ruled him out. What remains might not be a vintage renewal on paper, but it does feature some exciting youngsters testing their Champion Hurdle mettle. Nicky Henderson swiftly shuffled [...]
New Power set to turn heads for resurgent Chang November 26, 2024 TRAINER Michael Chang has not had much luck in recent times but can get a change of fortune when NEW POWER takes his chance in division one of the Edinburgh Handicap (1.10pm) over six furlongs. The stable has had a quiet time this month following a flying start to the season which saw them achieve [...]