Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]
New Basel banking rules will ‘advance competitiveness,’ PRA boss argues October 16, 2023 Sam Woods, chief executive of the main banking watchdog, argued that the competitiveness of the UK financial system will be advanced through the latest round of Basel reforms.
‘My banking issues are now over’: Brexit leader Nigel Farage announces new account with Lloyds October 13, 2023 Today, Farage took to X and wrote: "After being refused banking facilities by ten other banks, my banking issues are now over."
London firm Powerscourt set to be snapped up in £50m deal October 10, 2023 London public relations agency Powerscourt is reportedly teetering on the edge of a sale to a US advisory firm in a deal which could be worth tens of millions. Powerscourt, which reps big name clients such as fashion retailer All Saints and gambling giant Entain, is set to bought by the US-based stakeholder advisory firm [...]
Metro Bank fundraise averts immediate threat – but what next? October 9, 2023 Metro Bank's emergency capital raise has reassured investors for the moment, but analysts warned the bank needed to develop a more convincing investment case if it is to survive.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
Metro Bank: Natwest, Lloyds and Santander UK consider buying parts of lender – report October 8, 2023 The Bank of England has reportedly been canvassing some of the UK’s most high profile banks to gauge their interest in purchasing Metro Bank.
Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
Five things we learned from Tory conference: The return of Farage and Trumpification October 5, 2023 This week, top Tories, councillors, activists and party members gathered in Manchester for their annual get-together. With journalists also swarming the panel events, hotel receptions and late night bars, there was little that went unreported. But amid the not-so warm white wine, dodgy dance moves, and endless speeches, there were a few things that became [...]
Ethereum Futures ETFs near launch, and JPMorgan’s UK subsidiary bars crypto payments October 2, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) went up steadily throughout the week.