We need more new towns like Brent Cross – but we need them in the right places September 25, 2024 Brent Cross is London's newest park town. Its proximity to London has been crucial to making it a success, writes Tom Goodall
HSBC considers naming first female CFO in bank’s 159-year history September 24, 2024 HSBC is reportedly considering naming its first female chief financial officer in its 159-year history, with Pam Kaur said to be a favourite for one of the top jobs at Europe's biggest bank.
Raspberry Pi shows London’s public markets are still sweet September 24, 2024 Investors woke up to a sweet surprise from Raspberry Pi on Tuesday, as the computer maker’s first post-IPO report topped expectations. The British tech darling posted a 47 per cent rise in gross profit and a 56 per cent growth in adjusted earnings (EBITDA) for the first half of the year, driven by the sale [...]
FRC: Reporting gap between FTSE 350 and AIM widening September 24, 2024 The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening
Revolut to launch retail wealth app in challenge to Robinhood and Etoro September 24, 2024 Revolut is launching a standalone app based on its wealth management offering as Europe’s most valuable fintech looks to challenge Robinhood and Etoro in the retail investor market. The Revolut Invest app will offer more than 4,000 financial instruments, including from US and European stocks, bonds, commodities and exchange-traded funds, the London-based company said. Equity [...]
UK family businesses fear ‘dishonesty’ in Labour’s tax plans September 24, 2024 UK family businesses are beginning to fear dishonesty within Labour's tax plans set to be revealed in the upcoming Autumn budget, a new poll has found.
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
City analysts ask Rachel Reeves ‘where will the tax axe fall?’ September 23, 2024 City analysts have called on Rachel Reeves to clarify where the “axe will fall” ahead of a Budget widely expected to see taxes hiked. The Chancellor delivered her keynote speech at the Labour Party conference in Liverpool on Monday where she struck a more optimistic economic tone, promising that October 30 would see a “Budget [...]
Mohamed Al-Fayed scandal: Harrods and Met Police may be hit with legal action September 23, 2024 London's luxury story Harrods and the Metropolitan Police may be hit with legal action following the revelations of allegations against the former billionaire boss
London Stock Exchange boss warns AIM is under threat of collapse September 23, 2024 London’s junior market AIM is under threat of collapse from potential plans to hike taxes on its shares in next month’s budget, the chief of the London Stock Exchange has warned the government. In a letter to City minister Tulip Siddiq, LSE boss Dame Julia Hoggett said that the “ongoing viability” of AIM would be [...]