London firm Powerscourt set to be snapped up in £50m deal October 10, 2023 London public relations agency Powerscourt is reportedly teetering on the edge of a sale to a US advisory firm in a deal which could be worth tens of millions. Powerscourt, which reps big name clients such as fashion retailer All Saints and gambling giant Entain, is set to bought by the US-based stakeholder advisory firm [...]
Metro Bank fundraise averts immediate threat – but what next? October 9, 2023 Metro Bank's emergency capital raise has reassured investors for the moment, but analysts warned the bank needed to develop a more convincing investment case if it is to survive.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
Metro Bank: Natwest, Lloyds and Santander UK consider buying parts of lender – report October 8, 2023 The Bank of England has reportedly been canvassing some of the UK’s most high profile banks to gauge their interest in purchasing Metro Bank.
Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
Five things we learned from Tory conference: The return of Farage and Trumpification October 5, 2023 This week, top Tories, councillors, activists and party members gathered in Manchester for their annual get-together. With journalists also swarming the panel events, hotel receptions and late night bars, there was little that went unreported. But amid the not-so warm white wine, dodgy dance moves, and endless speeches, there were a few things that became [...]
Ethereum Futures ETFs near launch, and JPMorgan’s UK subsidiary bars crypto payments October 2, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) went up steadily throughout the week.
Office politics September 29, 2023 Tim Oldman, boss of the workplace consultancy Leesman, tells Andy Silvester the results of our grand hybrid working experiment are still very much in flux Tim Oldman, as befits a man who runs a workplace consultancy, is asked as much as you’d expect about the impact of hybrid working on employees and the economy. Those [...]
Bank of England set to delay bringing in Basel overhaul of banking rules September 25, 2023 The Bank of England is planning to push back implementation of the final round of Basel reforms by six months after receiving a deluge of industry feedback.
Sunak’s net zero pragmatism must include plan to beat nimbys after Sizewell C fiasco September 25, 2023 Government hopes of finally luring investors to proposed nuclear power plant Sizewell C were dealt a fresh blow last week.