Thames Water: City grandee and crisis specialist Sir Adrian Montague lined up as new chair June 29, 2023 Thames Water has lined up long-standing city grandee and crisis specialist Sir Adrian Montague as it new chair.
Fancy a pay rise? Get a job offer from somewhere else… August 14, 2023 More than half of London employers have made use of counteroffers in the past 12 months to try and keep staff as skills shortages persist, according to a new report.
Shawbrook: Underlying profit dips as challenger bank’s margins narrow August 8, 2024 Challenger bank Shawbrook has reported a dip in underlying profit for the first half of 2024 as looming interest rate cuts from the Bank of England narrowed its lending margins.
Principality Building Society’s profit nearly halves as lower rates offset mortgage boost August 6, 2024 Principality Building Society, the largest mutual lender in Wales, has seen its profit nearly cut in half as mortgage price wars and looming interest rate cuts dragged on its lending margins.
Hargreaves Lansdown extends deadline for £5.4bn private equity takeover July 19, 2024 Hargreaves Lansdown has extended a deadline for its potential £5.4bn takeover by a consortium of private equity bidders today, as it looks set to become the latest London firm to shift into private hands this year.
We need up-to-date skills to bolster financial services October 4, 2022 As the government prioritises growth in pursuit of a “big bang 2.0”, it’s worth considering what it takes to grow one of our most critical sectors: financial services. Last week Multiverse launched a new research report looking at what the future of financial services in the UK looks like. The message from employees in every [...]
Pay growth to ease for first time since Covid in ‘key moment for labour market’ February 12, 2024 Jon Boys, senior labour market economist for the CIPD, said "this feels like a key moment in the UK labour market".
Deliveroo approach from Doordash failed but analysts say it ‘may only be the start’ June 26, 2024 Deliveroo, which has long been seen as a target for a merger or acquisition, may not have agreed to a deal this occasion, but analysts at Jefferies said the approach "may only be the start".
Airbus and Qatar settle A350 jetliner row February 1, 2023 Airbus and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said today, averting a potentially damaging UK court trial. The “amicable settlement” ends a $2bn row over the safety of Europe’s premier long-haul jet – an unprecedented public rift that had led Airbus to revoke dozens of other [...]
Tourist Tax: M&S and Primark urge Jeremy Hunt to ‘think again’ as £11.1bn wiped of GDP January 30, 2024 Business leaders are piling fresh pressure on the government to scrap its controversial tourist tax as data shows it is eating away at UK GDP and banishing international visitors.