St James’s Place calls in new finance chief from UBS as turnaround effort continues June 13, 2024 Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn has been wiped from its value.
Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines June 13, 2024 Investment banks are increasingly struggling to get workers to comply with bans on using Whatsapp for business communication, a new survey suggests, after a slew of heavy regulatory penalties.
What’s in Labour’s tech manifesto? Data centres, start-ups, AI and a national data library June 13, 2024 Labour announced plans for a "national data library" to centralise existing government research programs.
Crest Nicholson: House builder’s profit craters 71 per cent ahead of new chief’s arrival June 13, 2024 House builder Crest Nicholson said operating profit slid in the first half of the year as the firm continues to be bruised by challenges in the property sector.
Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence June 13, 2024 Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
It’ll take more than a big screen to revive the London Stock Exchange June 13, 2024 A live market screen in Paternoster Square is no substitute for the cultural and regulatory reforms we need to get companies listing in London, says Tim Focas In what seems like a desperate attempt to breathe new life into London’s equity market, London Stock Exchange Group (LSEG) CEO Julia Hoggett has proposed installing a live [...]
USGA: Pinehurst US Open course is tough but fair June 12, 2024 The USGA, who are in charge of this weekend’s US Open golf major, have said they’re listening to player concerns about the course but insist it is “tough but fair”. A number of players have raised concerns about the difficulty of Pinehurst, which has only ever seen four players finish a weekend under par in [...]
The next government needs a ‘2HQ’ taskforce for tech June 12, 2024 Britain needs a taskforce specifically charged with encouraging well-capitalised US tech firms to set up second homes in Britain, says Abigail Morris It’s London Tech Week, but while AI is all anyone is talking about at Olympia, it’s been largely overlooked in general election discourse. This is despite the fact that AI innovations as a [...]
Premier League signs up Guinness to replace Budweiser in £40m deal June 12, 2024 Guinness saw off competition from Heineken to replace Budweiser.
Labour threatens to strip Avanti rail contract as Branson plans rival June 12, 2024 Shadow transport secretary Louise Haigh told Sky News Avanti had provided passengers with "woeful service" on the West Coast Main Line.