Lloyds, Barclays and Natwest: FTSE 100 bank shares slide on fears of US recession August 5, 2024 The UK's biggest banks were among FTSE 100 stocks hit by a global sell-off on Monday as investors were spooked by the prospect of a US recession.
Fleet Street site amongst a host of Barclays bank branch closures January 28, 2023 Barclays has announced the closure of 15 branches across the country, meaning over 100 banks are slated to shut down so far this year. The bank is set to close 14 branches across England and one in Wales from late April to the first few days on May. Sites in London, Gosport, Bridgwater and St [...]
Young ‘upsizers’ drive demand for multi-million-pound homes in Mayfair April 6, 2024 London’s ultra wealthy have remained immune to the downturn in the housing market, with posh-pads in the exclusive neighbourhood of Mayfair now commanding a 50 per cent price premium compared to the rest of prime central London.
Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
Rakugo: Japanese art meets contemporary standup in hit show July 9, 2024 If you're looking for alternatives to stand-up comedy, you'll find Rakugo gentle, refreshing, eye-opening and novel.
Where are Lloyds and Halifax closing 40 branches in 2023 and what does the high street exodus mean for you? January 20, 2023 Lloyds Banking Group said it will close a further 40 branches this year, as the exodus of banking branches from Britain’s high streets continues. Lloyds will close the doors at 22 branches while there will be 18 closures at Halifax. The branches will be closed between April and June this year. The bank noted that [...]
Over a dozen black-owned businesses in London awarded £10,000 in funding support January 12, 2024 A boost for 13 black-owned businesses in London is underway as the winners were announced for the 2024 UberEats Black Business Fund. Run by the small business support platform, Enterprise Nation, the campaign works to tackle the ongoing funding challenges that face underrepresented businesses in the hospitality sector. “It’s an industry that’s been squeezed tightly by higher [...]
Two more years of misery for London housing market, analysts suggest October 25, 2023 A recent report suggests house prices, including those in London, to decline in the coming months, but the decline will "not likely be sufficient".
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
Lloyd’s chief is ‘hopeful’ insurance marketplace will stay in City HQ October 23, 2022 Lloyd’s chief John Neal has said he remains “hopeful” the insurance marketplace will stay in its iconic City of London HQ, amid rumours the firm is planning to exit its purpose-built offices when its lease ends in 2031. In an interview with The Times, the Lloyd’s of London chief executive said the insurer is “still [...]