Reeves shakes up state-owned banks in bid to unlock flood of start-up cash October 14, 2024 Chancellor Rachel Reeves has shaken up the mandate of two state-owned development banks today as part of efforts to divert billions of pounds of investment into high-growth British start-ups.
We can teach you how to disagree October 14, 2024 When businesses suffer from groupthink they miss out on opportunities for growth, innovation and profits. Enter The Provocation People, a left-leaning LSE professor and pro-Brexit, free market former MP, to help you embrace disagreement Businesses suffer from groupthink – even when they claim to embrace disagreement and dissent. And individuals are frequently hostile towards different [...]
Lloyds boss Charlie Nunn says Meta is not doing enough to tackle scams October 13, 2024 The chief executive of Lloyds Banking Group has joined calls for technology firms like Meta to do more to clamp down on a surge in scams originating from social media.
HSBC’s new boss mulls $300m cost-cutting plan targeting senior bankers October 10, 2024 HSBC's new chief executive is reportedly drawing up cost-cutting plans that could save Europe's biggest lender up to $300m (£229m) by reducing top management layers.
UK’s cash-strapped fintechs brace for buyouts as London IPOs stall October 8, 2024 Amid a dearth of IPO activity, the UK's fintech sector is bracing for more consolidation as successful start-ups expand and established players fend off future rivals.
Scotland and the City are leading the way to net zero October 7, 2024 Scotland is a natural home for green finance and working together with the City, we can achieve our net zero ambitions, says Chris Hayward With COP29 just over a month away, attention is turning back to the progress the UK has made towards its net zero targets. The City of London has been at the [...]
Mark Kleinman: Pay compass points towards a defiant City October 3, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles executive pay, Rightmove subs and firm YNAP window-shopping Pay compass points towards a defiant City Who says work doesn’t pay? That’s not been the case in the last [...]
Scottish Mortgage no longer most bought trust as Fundsmith Equity claws back 10th October 2, 2024 Scottish Mortgage is no longer the most bought investment trust in the UK, according to the Interactive Investor Most Bought List, as the popular retail pick falls into second. The growth trust was eclipsed in September by Blackrock World Mining, a commodities-focused trust which is up 15 per cent in the last three weeks and [...]
Smiths News: Distributor’s revenue ticks up after Euros boost October 2, 2024 Leading UK newspaper distributor Smiths News has reported a “resilient” trading performance despite the long-term decline of demand for newspapers. Revenue at the company grew by 1.1 per cent in the 53 weeks to 31 August. The full-year result was despite a revenue drop of two per cent in the first half of the year. Its [...]
Canary Wharf unveils ‘urban oasis’ in historic partnership with the Eden Project October 2, 2024 Canary Wharf has unveiled a groundbreaking biodiversity scheme with the Eden Project, as the banking district goes green to improve workers’ experiences. The first-of-its-kind Eden Dock was unveiled on Wednesday, with the Canary Wharf Group (CWG) describing it as an “urban oasis”. The partnership will improve biodiversity in the area and offer more touch points [...]