FCA set to name firms under investigation in plans to beef up enforcement February 27, 2024 The Financial Conduct Authority is planning to publicly name the companies it is investigating in a bid to deter firms from breaking the rules and encourage whistleblowers to come forward, according to reports.
Businesses should expect ‘fair prices’, Ofgem respond to FSB’s concerns ahead of winter December 8, 2023 The FSB called on energy suppliers last month, signalling that changes must be made as small businesses battle high utility bills.
50 City Businesses Gather to Discuss Breaking Down Bias in the Workplace March 20, 2024 Over 50 businesses joined The Lord Mayor Alderman Professor Michael Mainelli and The Lady Mayoress Elisabeth Mainelli last week to break down socioeconomic bias in the City. At the first Power of Inclusion workshop of 2024 hosted by Howden Insurance UK, senior leaders and City representatives shared personal experiences of tackling bias and discussed what [...]
Sadiq Khan lacks legal authority for ULEZ expansion, court told July 4, 2023 The mayor of London Sadiq Khan lacks the legal authority to expand the Ultra-Low Emission Zone (ULEZ), five Conservative councils told London’s High Court this morning, marking the beginning of a two-day judicial review hearing. Represented by Craig Howell Williams KC – Bexley, Bromley, Harrow, Hillingdon and Surrey – are challenging the mayor over the [...]
UBS could cut tens of thousands of jobs following Credit Suisse takeover April 2, 2023 UBS may cut as much as a third of its workforce following its takeover of Credit Suisse, Swiss newspaper Tages-Anzeiger reported this weekend, as the bank considers its options for delivering the deal. At the end of 2022, the bank employed around 125,000 people, where approximately 30 per cent of those were based in Switzerland. [...]
We need to talk about DeFi October 20, 2023 As DeFi evolves, use-cases develop, and industry must mitigate risks in parallel for each underlying process, says Elise Soucie of GDF.
‘At stake is the structure of finance itself’: City bankers raise concerns over potential impact of Britcoin June 26, 2023 City bankers have raised concerns about the possible consequences that introducing the digital pound, known as ‘Britcoin’, could have on the country’s banking sector. “At stake is not just the type of token we use to pay for things but the structure of finance itself,” Huw van Steenis, vice chair at Oliver Wyman, told City [...]
‘Why does it take so long?’: MPs clash with banking regulator on speed of City reform February 8, 2024 A top group of MPs clashed with the banking watchdog today over the speed it is pushing through the government’s landmark package of financial reforms.
Tesco, M&S and Primark among brands hesitant to make some green claims over greenwashing action May 24, 2024 Big retail brands are hesitant to make green claims despite the majority embracing sustainable practices over fears of being hit with greenwashing action
Supporting Saudi Vision October 4, 2024 A new strategic alliance between Invescore and Zucchetti promises to bring transformative solutions to the Saudi market. It is a perfect match, one which combines broad international expertise with deep roots in the Kingdom of Saudi Arabia. Zucchetti, the renowned global provider of integrated technology solutions and consulting services, has forged a strategic alliance with [...]