PwC UK orders staff to spend more time in office and meet clients in person September 5, 2024 PwC UK has ordered staff to spend more time in the office and meet clients in person, as the accounting giant becomes the latest firm to adopt tighter rules on working from home. The Big Four firm told its employees and partners on Thursday that its new hybrid working policy would require them to spend [...]
Meta urged to press paws on pet fraud as dog ads drive Facebook scam surge July 3, 2023 Fraudsters on Meta-owned platforms are increasingly taking advantage of British animal lovers, new data shows. According to research from Lloyds, pet scams were up 24 per cent compared to last year with the average victim losing £307. Dogs were the most common pet used to scam unsuspecting Brits out of their money with Yorkshire Terriers [...]
John Neal: Why Lloyd’s of London ‘had to change’ April 25, 2024 John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
Fierce mortgage competition to weigh on banks’ margins, warn brokers October 25, 2023 Mortgage profitability is a key focus for investors as lenders have significantly reduced rates in recent months.
London business confidence falls fast but economy as a whole remains optimistic April 30, 2024 "Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year," Hann-Ju Ho, senior economist at Lloyds said.
Confidence in London business creeps up in January January 29, 2021 Business confidence in London rose five points during January to three per cent, according to the latest Business Barometer from Lloyds Bank. The rise marks the first positive reading on the barometer since the Covid-19 outbreak began. The business barometer quizzes 1,200 businesses monthly. This month companies in the capital reported higher confidence in their [...]
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Auto finance industry could face £16bn in compensation payouts from FCA probe January 25, 2024 UK auto lenders could be hit by up to £16bn in compensation payments after the City watchdog confirmed its probe in historic commission arrangements would look at cases going back to 2007.
Business confidence in London jumps to pre-pandemic levels April 30, 2021 Business confidence in London rose 20 points during April, to 32 per cent, its highest level since January 2020. Moreover, companies in the capital reported higher confidence in their own business prospects month-on-month, up 17 points at 31 per cent, according to the latest Business Barometer from Lloyds Bank Commercial Banking. When taken alongside their optimism in the economy, up 22 [...]
City Moves: Who’s switching jobs in the Square Mile this week? September 8, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Exclusive: Kin Fund Services poaches secretarial lead from Flutter Alternative investment fund manager and fund administrator Kin Fund Services, part of Kin Group, has poached Deirdre Quinn from FTSE 100’s Flutter Entertainment, City A.M. can reveal. [...]