Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company March 28, 2024 Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.
FTSE 100 today: London markets poised for quiet start as traders take break before Easter March 28, 2024 Asian shares stay calm despite the S&P 500 hitting a new high. The US dollar holds firm post comments from the Federal Reserve's Waller. Attention turns to possible yen intervention by Japan, while gold prices decline. Investors await updates on US consumer confidence and UK Q4 GDP.
Natwest boss drops third of executive committee after government slashes stake March 27, 2024 New Natwest boss Paul Thwaite, who formally became chief of the bank in Febraury, has restructured the group's management team.
Tom Hayes: Court upholds Libor conviction as top MP warns London now an ‘outlier’ March 27, 2024 The Court of Appeal has upheld the conviction of former Libor trader Tom Hayes today after he spent years in prison for rate-rigging – with one MP saying the decision made the capital an “outlier” compared to other financial capitals. On Wednesday, Lord Justice Bean read out a press summary at the Court of Appeal, [...]
Mortgages, real estate and government debt: Three things that worry the Bank of England March 27, 2024 The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.
Investec launches £250m real estate fund… But not for retail investors March 27, 2024 The strategy, called 'REALIS,' is aimed at institutional investors and high-net-worth individuals rather than retail investors.
Prosecutors seek two-and-a-half-year sentence and £86,000 from Rubiales over ‘kissgate’ March 27, 2024 Spanish prosecutors yesterday announced that they are seeking a two-and-a-half-year prison sentence and a €100,000 (£86,000) fine from Luis Rubiales, the former Spanish football chief at the centre of the “kissgate” scandal with international player Jenni Hermoso. The Prosecutor’s Office of the National Court (AN) spoke with regards to the former chief of the Royal [...]
ENRC: Court refuses SFO bid to appeal rulings in legal battle with Kazakh mining firm March 27, 2024 The Commercial Court rejected the UK anti-fraud agency’s application to appeal two recent decisions in the long-running ENRC litigation. The Serious Fraud Office (SFO) has been involved in the long-running dispute by the Kazakh mining firm Eurasian Natural Resources Corporation (ENRC) after it launched an investigation into it over alleged bribery and corruption back in [...]
British tech firm Nanoco plans to buyback half of its shares following Samsung settlement March 27, 2024 British nanotechn company Nanoco has swung to a profit after shipping its first commercial orders and settling a major lawsuit with Samsung.
Ithaca Energy to buy Eni’s UK assets, but mothballs projects due to windfall tax March 27, 2024 Ithaca Energy, a leading UK independent exploration and production company, has announced plans to combine with substantially all of Eni S.p.A.'s UK upstream assets