Zopa: Fintech bank takes on HSBC and Lloyds with current account June 24, 2025 Digital bank Zopa is parking its tanks on the lawns of the UK’s top lenders – with a new high interest current account. The London-based fintech has launched “Biscuit,” which it said will allow customers to make £256 in cashback and interest per year. The current account offers two per cent AER interest on balances, [...]
Palestine Action: Invesco office attacked in latest red paint vandalism June 23, 2025 Global investment firm Invesco has been hit in the latest string of “red paint” attacks on financial services companies. The Atlanta-headquartered firm had its Westminster office vandalised on Monday as red paint and graffiti was left plastered across the side of the walls of the Portman Square building. The vandalism, which was committed by activists [...]
Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
‘Way too cheap’ – Tax experts question Reform’s £250K non-dom plan June 23, 2025 Reform UK’s new ‘Robin Hood’-style non-dom policy has been given a cool reception by top UK tax experts, who have branded it as “too cheap” and warned it could even cost the UK £34bn in lost tax revenue. Nigel Farage’s party, which currently tops the opinion polls, unveiled plans for a £250,000 flat tax regime [...]
United Utilities: Banned bonus for FTSE 100 CEO revealed June 23, 2025 The amount top bosses at FTSE 100 giant United Utilities are set to lose in bonuses – after the water giant was named as one of six to be banned from handing out the payouts – has been revealed. Earlier this month, new measures in the Water (Special Measures) Act come into force which prohibited utility [...]
The City of London is hosting an amazing music festival this week June 23, 2025 The Summer Music in City Churches festival is taking place this week across the City of London. There are events taking place every day in some of the Square Mile’s most beautiful churches — a brilliant chance to take a break from the stresses of work life and take a pew in one of these [...]
HSBC’s return-to-office plans risk boss’ cost-cutting ambitions June 23, 2025 HSBC’s cost-cutting agenda is set to face a major disruption as the lender faces a shortfall of desks in its office move. The banking juggernaut has been reported to be mulling a return-to-office mandate that would force employees back into the office for at least three days a week. This comes as the bank is [...]
PPHE unveils £90m plan to turn lap dancing club into luxury London hotel June 23, 2025 Hotel giant PPHE has unveiled plans to turn an east London lap dancing club into a huge new hotel as it continues its expansion in the capital. The London-listed firm today unveiled a £90m proposal to construct a 21-story tower on Leman Street in Whitechapel, which will feature 182 rooms, a restaurant, bar, gym and [...]
Selfridges stocking rare vintage Formula 1 clothing this week June 23, 2025 Oxford Street stalwart Selfridges will stock rare, vintage Formula 1 clothing for a fortnight to celebrate 75 years of the motor racing series. F1 75 Years in Motion opens today and runs through until 6 July, and will sell garments stemming from some of Formula 1’s most recognisable moments. Within the collection are 1980s Benetton [...]
Fraud litigation surges in UK as businesses fight back June 23, 2025 The number of fraud claims issued to the High Court has increased as 'fraud in society' has surged, forcing British businesses to fight back