Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
Zizzi and Ask Italian owner Azzurri heralds strong year as it keeps building after Covid February 12, 2024 Hospitality investment firm behind popular eateries such as Zizzi, ASK and Coco reported strong revenue growth last year as it looks to build on new brands.
Krispy Kreme: Doughnut chain hikes UK prices as it eyes expansion July 10, 2024 The UK arm of Krispy Kreme is looking to open new locations after increasing its prices in a bid to combat the rise in costs, newly-filed documents have revealed.
Ethereum will become the backbone of a new financial system March 18, 2024 Looking back, the rise of blockchains and Ethereum as the foundation of the new financial system will seem equally inevitable. Last week, Ethereum developers launched the new Dencun upgrade. It significantly reduces the cost of transactions on so-called 'Layer 2s.'
Direct Line poaches another Aviva executive as new finance chief as turnaround continues April 10, 2024 Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.
Iwoca mulls bigger loans and international expansion amid surge in demand June 3, 2024 Online credit provider Iwoca is looking at raising the size of its loans and expanding into a new country on the back of a surge in demand for small business funding from alternative lenders.
New-look cabinet to meet later after Sajid Javid’s shock exit February 14, 2020 Boris Johnson’s newly reshuffled cabinet will meet for the first time later today after the shock departure of chancellor Sajid Javid. His deputy, Rishi Sunak, is the new Treasury boss after Javid refused to sack his special advisers in order to keep his job. He said “no self-respecting minister” could agree to Prime Minister Boris [...]
Concurrent Technologies reveals ‘record results’ as profit doubles July 15, 2024 Computer product manufacturer Concurrent Technologies looks set to report "record results" in the first six months of its financial year following a swathe of new client wins.
Reed exclusive: With half of Londoners looking for a new job, the ‘balance of power is shifting’ September 29, 2021 Six in ten Londoners are currently looking for their next challenge, recruitment giant Reed told City A.M. this afternoon. Chancery Lane-based Simon Wingate, managing director of Reed, shared the findings of a new survey that the company recently commissioned. It showed that over half of Londoners (52 per cent) are either actively looking for a [...]
Farfetch pull trading update as New York take-private rumours swirl November 29, 2023 Farfetch's move will only fuel further rumours that boss Jose Neves is looking for a way off the public markets after a disastrous New York float.