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  • Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’

    April 29, 2026

    Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]

  • Office space is rarer than ever – making the right choice matters

    April 29, 2026

    High-quality office space in London’s premium areas is becoming rarer than ever, and that’s why having trust that your company is making the right move – at the right time – matters.  The vacancy rate of offices in London’s central areas is plummeting, showing that demand for good space is soaring.  While nearly 40 per [...]

  • Three reasons AI will not replace the mortgage broker

    April 29, 2026

    Mortgage advice has never been a simple numbers game, and it is becoming even less so. Technology is speeding up sourcing, suitability checks and paperwork. Clients are also more digitally confident than ever, and lenders are ever more competitive. But for anyone advising complex borrowers, especially in the high-net-worth space, the idea that AI will [...]

  • FICO UK Credit Card Market Report: February 2026

    April 29, 2026

    Balances show signs of stabilising as payment rates trend down, with missed payment balance levels remaining higher than in 2025

  • St James’s Place shares slide as Iran war damages inflows

    April 29, 2026

    St James’s Place saw a sharp decline in its share price during early morning trading on Wednesday, as Iran war volatility damaged inflows and funds under management. The FTSE 100 wealth manager saw shares tumble 5.2 per cent to 1,187p, with shares down 14.8 per cent this year to date. The group reported a 9.4 [...]

  • ‘Slightly unnerving’: Greene King enlists AI to answer pub phones

    April 29, 2026

    Greene King has turned to AI-generated assistants to staff its bars as hospitality firms battle to absorb rising costs, City AM can reveal. The Chinese-owned pub chain, one of the UK’s largest, is using a “virtual assistant” named “Charlie” to answer the phone at a number of sites, including in London. The shift to digital [...]

  • Whitbread hopes to win back investors with £1.5bn property sell-off

    April 29, 2026

    Premier Inn owner Whitbread will hope to win back investors when it announces a £1.5bn sell-off of a shedload of its property portfolio on Thursday. The FTSE 100 giant is gearing up for its full-year results later this week, and aims to please its investors with a cash injection to turn the corner on a [...]

  • UK set to suffer £35bn hit from Iran war as growth downgraded again

    April 29, 2026

    The UK risks finding itself on the brink of recession as a result of the Iran war, a leading economics think tank has warned, as the potential damage to Rachel Reeves’ fiscal headroom and the threat of interest rates hikes has been laid bare in a new report.  In what will come as dire reading [...]

  • Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call

    April 28, 2026

    Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs.  The insight reverberated across an industry which depends on affordable mortgages [...]

  • Allegion (NYSE: ALLE) Reports Q1-2026 Financial Results

    April 28, 2026

    High-Single Digit Revenue Growth for the Enterprise; Affirming FY-2026 Organic Revenue Outlook Quarterly Financial Highlights (All comparisons are year-over-year, unless otherwise noted) Net earnings per share (EPS) of $1.59, down 7.0% compared with $1.71; Adjusted EPS of $1.80, down 3.2% compared with $1.86 Revenues of $1,033.6 million, up 9.7% on a reported basis and up 2.6% on an organic basis Operating margin of 18.9%, compared with 20.9%; Adjusted operating margin of 21.2%, compared with 22.7%

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