Aviva hammers government push for North Sea oil and gas drilling October 30, 2023 Insurer's chief executive Amanda Blanc fears UK's climate goals are under threat
HSBC to buy back $3bn in shares as profits more than double October 30, 2023 HSBC announced yet another share buy-back programme as higher interest rates ensured that profit more than doubled in the third quarter.
Are UK restaurants struggling to ‘keep their heads above water?’ October 30, 2023 A combination of "pressures" could be to blame for struggling UK restaurants, noted associate director at Mazars Paul Maloney.
MPs call on Rishi Sunak to stop delaying audit reform October 29, 2023 A group of MPs and peers have written to the Prime Minister to call on him to include the Audit Reform Bill in King Charles’ state opening of Parliament on Wednesday, November 7.
Home insurance prices forecast to rise by a third as firms hike premiums October 29, 2023 Home insurance prices are forecast to jump by more than a third in the next two years as the industry hikes premiums to keep up with the cost of claims, according to new research. Insurers posted their worst net combined ratio – measuring claims and costs as a proportion of premiums – in three decades [...]
Bitcoin hitting $50,000 this year doesn’t seem overly optimistic to me October 26, 2023 Nigel Green sees $50,000 as a reasonable target for Bitcoin, as he believes the potential green light for an ETF isn't yet priced in.
Air charge hike is ‘kick in teeth’: Ryanair, British Airways and Easyjet representative slams CAA decision October 26, 2023 Airlines have slammed a decision to raise air traffic control charges as a "kick in the teeth" for passengers, who will see air fares rise.
Dubai calling: City set for closer ties with UAE as ministers pen cooperation deal October 26, 2023 The UK is set to pen a deal to forge closer ties with the United Arab Emirates on financial services today as ministers look to tap into deep pools of capital and promote cooperation between the City and the Middle Eastern state.
UK businesses face more than 500 cyber attacks every second October 25, 2023 New data released by BT Business reveals British cybersecurity experts see 46m signals of cyber-attacks every day.
Jeremy Hunt invokes Johnson and Osborne after criticism of government’s long-term investment October 25, 2023 The Chancellor Jeremy Hunt was forced to defend the government’s approach to long-term investment today after coming under fire at a meeting of City grandees in the Square Mile.