Exclusive: Quarter of all Londoners now dip into savings to survive while one in three have zero extra pounds left October 12, 2022 More than a quarter of people in London are being forced to dip into their savings to make ends meet every month, according to fresh data shared with City A.M. today. However, the research also reveals that almost a third of people across London, around don’t have any savings to fall back on – prompting [...]
Columbia Threadneedle suspends UK property fund over cash fears October 12, 2022 Fund manager Columbia Threadneedle said it had suspended trading in its £453m UK property fund last night after a run from investors caused a cash crisis.
Rees-Mogg: Bank’s tame rate hike could have sparked pension crisis October 12, 2022 Jacob Rees-Mogg looked to shift the blame of the pensions crisis onto the Bank of England this morning as he claimed it could have been sparked by Threadneedle Street’s failure to hike interest rates more aggressively.
PageGroup warns of slowdown as profits hit £270.5m October 12, 2022 Recruitment giant PageGroup warned it had seen a "slight softening" in employers' confidence today as it reported a 14 per cent jump in profits the third quarter of the year.
UK unemployment falls to 50 year-low amid jobs market exodus October 11, 2022 A sharp rise in the number of Brits dropping out of the jobs market altogether has artificially pushed the UK unemployment rate down to its lowest level since the mid 1970s, official figures published today reveal. The volume of people in the UK not looking for work climbed around 330,000 over the last three months, [...]
LendInvest warns of mortgage volatility as it ‘tightens credit appetite’ October 10, 2022 Mortgage fintech LendInvest said it was tightening its “credit appetite” today as it grapples with the volatility that has shaken the market in the wake of the government's so-called mini-budget.
Women in M&A: Challenge Accepted October 10, 2022 | City Talk M&A has long been an industry dominated by men. But things are changing. It’s hopeful to see that more women than ever count themselves as dealmakers, and more are making it to the top levels. Making positive changeDatasite recently conducted a survey of 600 M&A dealmakers this year to find out if and how the industry is [...]
3 Great Tech Roles To Apply For This Week October 10, 2022 Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]
High-cost lenders pose ‘increased’ risk as cost of living rises, FCA warns October 6, 2022 High cost lenders need to tighten their lending criteria as cash-strapped Brits turn to debt to cope with the rising cost of living, the financial watchdog has warned.
Scammers circle as Brits pull emergency cash from pension pots October 6, 2022 Cash-strapped Brits looking to draw on their pension pot to cope with the rising cost of living are at risk of predatory scam tactics, the UK’s financial watchdog has warned today.
