OneSavings Bank shares tank as profit slumps on mortgage customers racing to refinance March 14, 2024 OneSavings Bank has posted a slump in annual profit after the bank took a £181.6m hit from changing customer behaviour, while it has softened the blow to investors by announcing a new £50m share buyback.
The Square Mile Comes Together for the Launch of City Giving Day 2024 March 14, 2024 The Lord Mayor of the City of London Alderman Professor Michael Mainelli and Lady Mayoress Elisabeth Mainelli hosted the Square Mile’s top businesses at Mansion House this week to launch City Giving Day 2024. A firmly fixed date in the Square Mile’s social calendar, the annual event hosted by The Lord Mayor’s Appeal, brings the [...]
Open access: The quiet revolution that might just fix Britain’s broken railways March 14, 2024 Open access is offering a fresh approach to the solving British rail's ongoing financial struggles, with more commercial freedom and reduced ticket fares.
Anne Boden: ‘Things haven’t got much better for women in tech in 40 years’ March 14, 2024 Former Starling Bank chief Anne Boden sits down with City A.M. to discuss her early career, sexism in the City and life beyond the bank.
Post Office: Law quashing convictions needs ‘legally binding’ redress deadline, MPs say March 13, 2024 The government’s new law to quash the wrongful convictions of sub-postmasters affected by the Post Office Horizon IT scandal should have a “legally binding” redress timeframe, MPs have said.
UK economy takes first steps out of recession as growth returns in January March 13, 2024 The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.
Post Office: Wronged victims to be exonerated under fresh law March 13, 2024 Wrongfully convicted postmasters are set to be exonerated via a fresh law aimed at clearing the names of those caught up in the Post Office Horizon IT scandal, ministers announced.
Half of UK workers would turn down pay rise to keep working from home March 12, 2024 Just over half of UK workers would forgo a pay rise in order to not work from the office full time, according to a new survey.
Wage growth slows faster than expected and unemployment picks up slightly March 12, 2024 Developments in the labour market are crucial for assessing whether inflation is under control, enabling the Bank to ease the cost of borrowing.
Both Tories and Labour are being dishonest about immigration March 12, 2024 If the government tries to drastically slash immigration, it is in danger of cutting off one of the UK economy's success stories, Chris Dorrell writes.