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  • Nationwide customers to enjoy £385m account windfall after bumper year

    May 23, 2024

    Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.

  • Aviva’s growth continues thanks to higher prices and workplace pension flows

    May 23, 2024

    Aviva has continued to see strong growth and high demand for its key products.

  • FTSE 100 today: London markets set to open lower as rate cut bets ease

    May 23, 2024

    Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.

  • Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone

    May 23, 2024

    Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.

  • Election 2024: Rishi Sunak takes the plunge on July 4 vote

    May 22, 2024

    As the press gathered at London's most famous front door, Sky News said it understood the speculation about an election was correct.

  • Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings

    May 22, 2024

    Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.

  • Thames Water’s week from hell: Ofwat looks to act, resignations, anger and bonds

    May 22, 2024

    The crisis at Thames Water intensified this week amid a cocktail of government warnings, resignations and threats from the regulator. This morning, the chancellor of the exchequer, Jeremy Hunt, slammed Britain’s biggest water company, saying he was “very cross at them.” His comments were in response to claims that Thames was planning to raise its [...]

  • Arbuthnot: Historic bank posts steady lending growth this year after bumper 2023

    May 22, 2024

    Arbuthnot Banking Group has reported steady loan and deposit growth in 2024 as it continues to benefit from higher interest rates.

  • SSE profit and earnings per share drop despite Dogger Bank launch

    May 22, 2024

    Scottish Energy giant SSE saw its operating profit and earnings per share fall within its guidance in its full year results.

  • Why the prospect of a Shein listing is dividing the City of London

    May 22, 2024

    Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie

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