Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Village Bakery: Price rises too late to save Tesco and Five Guys favourite from slipping further into the red July 1, 2024 Village Bakery, which supplies baked goods to retailers including Tesco, Aldi and Five Guys, said a recent string of price rises came too late to save it from slipping further into the red, according to newly-filed accounts.
Irish law firm William Fry drafts in its former City of London boss to top job July 1, 2024 Elite Irish law firm William Fry has elected its former London office lead Stephen Keogh as its next managing partner
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Build, Baby, Build: Move over avo toast, ceramics are Gen Z’s housing crisis crutch June 27, 2024 Gen Z are spending more time and money on interior design, not despite, but because of, the housing crisis, writes Anna Moloney.
Vaping giant Supreme acquires historic Clearly Drinks for £15m June 24, 2024 Vaping and vitamins maker Supreme has acquired Clearly Drinks for £15m, it has been announced.
M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief June 21, 2024 Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today.
Sainsbury’s Bank sale marks end of an era for supermarkets June 20, 2024 Sainsbury's has agreed to sell most of its banking arm to Natwest, in a deal that will see the supermarket pay the lender £125m.
Sainsbury’s to pay Natwest £125m to take bank division off its hands June 20, 2024 Natwest has agreed to acquire Sainsbury's core retail banking arm - with the supermarket giant paying the lender £125m to take it off its hands.