Sadiq Khan criticised for £512m spending boost ahead of election January 18, 2024 Sadiq Khan has been criticised for a pledging £512m spending boost in his draft City Hall budget for next year ahead of the mayoral elections.
Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
Time is up for supermarket challenger banks, analysts say January 18, 2024 Sainsbury's announced on Thursday morning that it would undertake a “phased withdrawal” from its banking business following a strategic review. There are no immediate changes for customers.
AJ Bell share price rises as AUA reaches record high thanks to net inflows January 18, 2024 In a trading update covering the three months to December, the firm that AUA in its platform business had climbed seven per cent in the quarter. This brought it to £76.2bn, a new record for the firm.
Poundland owner Pepco warns disruption in the Red Sea could raise freight costs January 18, 2024 Poundland owner Pepco has warned that disruption at the Red Sea could lead to higher freight costs and hit product supply.
Sage reports growth in all regions as cloud business soars January 18, 2024 Software firm Sage has reported revenue growth in all its regions as its cloud business continues to attract demand.
Mark Kleinman: Diamond merger shows mid-cap brokers need polish January 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts January 18, 2024 The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]
I was ‘institutionalised’ at Barclays – now I’m free to innovate, says former chief executive January 18, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s former Barclays chief executive and 10x Banking founder Antony Jenkins.
The Traitors is a masterclass in hiring, CEOs and recruiters should take note January 18, 2024 Just as the candidates knuckle together to optimise their skills in challenges on The Traitors, we should be doing the same in the boardroom.