CMC Markets: Meme-stock army is losing interest as trading falls June 13, 2023 Trading platform CMC Markets warned of a slowdown in trading on its platforms today as it revealed profits had fallen beyond 40 per cent in the year to the end of March.
Hargreaves Lansdown appoints Dan Olley as new chief December 8, 2022 Hargreaves Lansdown announced that Dan Olley would take over the reins of the trading platform from next year as Chris Hill prepares to step down after six years in charge.
Bridgepoint hopes for deals rebound later this year as sluggish exit market hits income July 25, 2023 Private equity giant Bridgepoint said it was betting on a rebound in dealmaking in the second half of the year today after its investment income slumped in the first six months amid lingering volatility and a sluggish exit market.
Meeting of minds? Putin and Xi to meet before the end of the year December 26, 2022 Russian President Vladimir Putin and his Chinese counterpart Xi Jinping will speak before the end of the year, Russian state news agency TASS said on Monday, without giving details of the timing or format. It quoted Kremlin spokesman Dmitry Peskov as saying the two sides would release details in due course. Putin and Xi proclaimed [...]
UK’s cost of living crisis has created ‘perfect conditions for fraud to flourish,’ new report says July 6, 2022 The UK’s cost of living crisis is creating the “ideal environment for fraudulent activity,” a new report from the Chartered Institute of Internal Auditors (CIIA) has warned. Covid-19, the war in Ukraine, and the UK’s cost-of-living crunch are creating the “perfect conditions for fraud to flourish,” the report says, as it calls on businesses to [...]
European banks forced to hand over more liquidity data to the ECB after SVB collapse July 23, 2023 European banks will have to provide regulators more frequent information on liquidity levels starting from September, a top supervisor said over the weekend. In an interview published on the European Centra Bank’s (ECB) website, Andrea Enria, chair of the ECB supervisory board, warned that European banks were still in a “delicate phase” due to the [...]
Flying high: Ryanair breaks another monthly record with 15.7m passengers in October November 2, 2022 Ryanair has broken yet another monthly record, with 15.7 million passengers flying during the month of October. These figures were a record high for the budget airline, who said they were up 14 per cent on pre-COVID levels. The Irish firm has continued to post a steady incline in passenger numbers, with the last few [...]
Sombre faces in Canary Wharf as HSBC profits nosedive on Ukraine war and inflation worries April 26, 2022 It’s not the best of mornings for HSBC as the banking giant saw its first-quarter profits tumble by more than a quarter after taking a hit on expected bad debts due to the Ukraine war and soaring inflation. The lender posted a 28 per cent drop in pre-tax profits to £3.3bn for the first three [...]
UK venture capital investment tumbles to pre-pandemic levels as market jitters linger April 26, 2023 Venture capital investment in the UK tumbled back to pre-pandemic levels in the first three months of the year as a slump in start-up valuations and volatile markets continue to spook investors.
Ministers rubbish Russian claims Britain was behind Nord Stream attack October 29, 2022 The Russian defence ministry has accused the British navy of attacking and rupturing the Nord Stream gas pipelines last month, a claim that British ministers described as an attempt to divert attention away from military failures in Ukraine.