After fining Metro Bank and Starling, which challenger bank will the FCA target next? November 13, 2024 The Financial Conduct Authority has signalled that it is ready to take a hard line against challenger banks for financial crime failings after dishing out hefty fines to young lenders.
Office for Value for Money: Can more bureaucracy really improve productivity? November 13, 2024 Public sector productivity has remained the same for 25 years. Can more bureaucracy help it, Paul Ormerod asks.
Exclusive: Reeves to reveal plans for ‘world first’ private stock market Pisces November 13, 2024 The government will set out its plans for a “world first” private stock market regime tomorrow in a bid to revive the UK’s flagging IPO pipeline, City AM can reveal. At her maiden Mansion House speech in the City, the Chancellor Rachel Reeves will reveal proposals to legislate in May next year for a regulated [...]
New £500m university science grant can ‘commercialise discoveries’ November 13, 2024 The government has announced it will stump up £500m for 4,700 post-graduate engineering and science university places in a bid to drive long-term economic growth. Science and technology secretary Peter Kyle made the announcement today, with universities and industry set to reap the benefits. The scheme will fund 4,700 new places, equating to around £106,000 [...]
Poon ready to be the Hero again aboard Lakeshore November 12, 2024 MATTHEW Poon, the 31-year-old claiming rider, fondly known as ‘The Poon Train’ by regular racegoers in the city, is having the time of his life in Hong Kong at present. With a winning double on his birthday at Sha Tin last Sunday, which included landing the Class 2 Panasonic Cup, he finds himself joint-fourth in [...]
Financing the Future – Saudi Arabia looks to grow its capital market November 12, 2024 Ahead of FII8’s conference in Riyadh, Sir Martyn Lewis interviewed Nayef Al-Athel, Group Chief Sales and Marketing Officer, of Saudi Tadawul Group, the parent company of Saudi Arabia’s stock exchange, for Inside Saudi. Al-Athel talked about the great strides being made in the Kingdom to help facilitate capital flows into Saudi’s growing capital market. Sir [...]
Exclusive: Argentina and South Africa in talks to host Rugby Championship match in London November 12, 2024 World champions South Africa and World Cup semi-finalists Argentina are in talks to play a Rugby Championship fixture at London’s Allianz Stadium in 2025, City AM can reveal. Discussions have taken place about Twickenham hosting a match from the southern hemisphere’s equivalent of the Six Nations next autumn. It would be the first time that [...]
Raspberry Pi: Newly-listed firm joins forces with Italian internet of things provider SECO November 12, 2024 Newlt-listed tech firm Raspberry Pi is set to merge with Internet of Things (IoT) solutions provider SECO to unlock new growth, by combining hardware and software development. This strategic deal, the value of which has not been revealed, means SECO develop a new human machine interface (HMI) solution using on Raspberry Pi’s technology, targeting a [...]
London’s O2 Arena to host F1 launch extravaganza in 2025 November 12, 2024 All ten Formula 1 teams will show off their 2025 cars at the O2 next year at the same time to celebrate the 75th anniversary of the sport. The iconic London venue will host the event, which is the first of its kind, as the teams – such as Red Bull, McLaren and Ferrari – [...]
Meeting the challenges of the reinsurance market November 12, 2024 Touching all parts of the sector, Aon is one of the giants of the global insurance industry. Insurers play a crucial role in creating a more resilient world, but they are up against a rapidly changing environment with interconnected, emerging risks and intense competition. Now more than ever, insurers need comprehensive services and global perspectives [...]