Atom Bank boss on rapid growth, London IPO and why high street challengers are a ‘dying breed’ March 24, 2024 City A.M. speaks to Atom Bank CEO Mark Mullen about the challenger bank landscape, his firm's rapid growth and plans for a London IPO.
‘Stars are aligning’ for UK economy after inflation data and Bank of England rate decision March 22, 2024 "We think the stars are aligning for stronger consumer spending growth this year," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
House prices show stability despite higher interest rates, but rents continue to surge March 20, 2024 The average price of a home was £2,000 cheaper in January when compared to the exact same period the year before, according to new government figures.
London rents: Good news – historically high rates are only going up a little bit March 20, 2024 The rate at which rental costs are rising have slowed, but prices still remain at their most expensive when compared to earnings in over a decade, according to a new report by Zoopla.
Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks March 18, 2024 Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.
Legal and General mulls multi-million pound sale of housing arm Cala March 18, 2024 Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.
House prices reach highest level in 10 months in March March 18, 2024 Green shoots continue to emerge in the property market as March welcomes the highest rise in house prices in 10 months.
M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services March 17, 2024 Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".
Scottish Mortgage unveils £1bn share buyback programme after strong year March 15, 2024 The trust, which is the second largest in the UK, has recorded a strong performance over recent months despite a tumultuous few years before that.
China’s housing crisis: Chinese home prices fall in February as property woes deepen March 15, 2024 China's housing market displayed continued weakness in February, with new home prices declining for the eighth consecutive month, according to official data released on Friday.