International Personal Finance makes strong start to year despite Poland difficulties May 2, 2024 Consumer credit provider International Personal Finance (IPF) has posted a strong first quarter performance thanks to good customer repayment rates and high credit quality.
Co-op Bank says transformation plan ‘materially complete’ ahead of agreed £780m Coventry merger May 2, 2024 The Co-operative Bank has said its multi-year transformation plan is "materially complete" as the lender progresses with an agreed £780m takeover by Coventry Building Society.
UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes May 2, 2024 "This forecast is not particularly surprising given our priority for the last year has been to tackle inflation with higher interest rates," Chancellor Jeremy Hunt said.
Standard Chartered shares jump to six-month high as bank breezes past profit estimates May 2, 2024 Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth divisions.
Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Former Binance CEO faces four months behind bars May 2, 2024 On Tuesday, crypto took another blow from the US as industry icon “CZ” was sent to prison. This time it was Changpeng Zhao (CZ), the founder and former CEO of Binance, crypto’s largest centralised exchange, feeling the wrath of the US government. CZ received a four-month federal prison sentence for his role as CEO of the exchange and for breaching the Bank Secrecy Act. He will be the first CEO to go to prison for non-compliance with this act.
Scotland set for weaker growth despite avoiding recession – but there is room for optimism May 2, 2024 Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
The making of a mayor: What powers do they actually have? May 2, 2024 In England and across the world, mayors have wildly disparate powers. So how do they stack up? Lucy Kenningham explains
Charles Tyrwhitt’s sales success sees The White Company owner pass £500m May 1, 2024 The group behind The White Company has seen its turnover surge past £500m thanks to the success of menswear brand Charles Tyrwhitt, it has been revealed.