Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
BBVA could raise offer for Sabadell by selling TSB, analysts say May 13, 2024 Analysts have argued Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) could raise its hostile takeover bid for smaller domestic rival Banco Sabadell by selling its UK arm TSB.
Sale process to secure new owners for Telegraph and Spectator is launched October 20, 2023 The Telegraph Media Group and The Spectator magazine have launched the sale process to secure new owners for the business. The long-awaited sale to gain control of one of the UK’s largest newspaper groups has already seen a wealth of interest from potential buyers. The board of the parent companies behind the Telegraph and Spectator [...]
Protests continue in Canary Wharf despite Greta Thunberg’s arrest this week October 19, 2023 Climate activists were joined by Greta Thunberg in a protest outside banking and finance offices in Canary Wharf today.
Barclays boss Jes Staley: working from home ‘not sustainable’ as collaboration and culture take a hit January 26, 2021 Barclays boss Jes Staley says working from home 'not sustainable' as collaboration and culture take a hit
Former TV boss Dawn Airey appointed chair of women’s football NewCo March 4, 2024 Airey has chaired the WSL since joining the FA in 2019.
Mark Kleinman: Is it a Labour of love for British business? November 23, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Yodel merger with Shift off the cards after £85m funding deal August 2, 2024 A planned merger between Yodel and the logistics tech firm Shift is no longer on the cards after the parcel delivery giant unveiled an £85m funding package intended to quell concerns following its brush with bankruptcy earlier in the year.
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]