Consumers will pay for Starmer’s green targets November 14, 2024 It’s easy to be cynical about a climate conference that sees plutocrats flying their private jets to a petrostate claiming they’re going to save the world. That’s certainly the position of Greta Thunberg, who has dismissed COP29 as an exercise in greenwashing Azerbaijan’s human rights violations, a view shared – in City AM recently – [...]
UK banks could limit buybacks as car loan scandal grows November 13, 2024 Some UK banks could be forced to reduce upcoming investor payouts, analysts have warned, as the Financial Conduct Authority mulls whether to expand a probe into now-banned car loan deals.
Supreme Court rules Sky acted in bad faith with trademark November 13, 2024 UK media giant Sky acted in bad faith when it applied for its trademarks, the Supreme Court said today in a long awaited and closely watched decision.
The Naked Truth November 13, 2024 Charles and Ruth Simpson, co-founders of Simpsons’ Wine Estate and Domaine Sainte Rose, tell Libby Brodie about their journey with Naked Wines How did you get Naked? We started working with Naked Wines in 2012 and they were with us from the outset, helping us through our first vintage in 2016. An amazing 1,200 Angels pre-purchased a case [...]
Knoops: Boss reveals plans to become £4bn global giant November 13, 2024 The boss of Knoops has outlined his plans to the grow drinking chocolate chain into a $5bn (£3.9bn) giant with at least 3,000 stores across the world. William Gordon-Harris, who is both the chairman and chief executive of the London-headquartered business, said his revenue target is “readily achievable” when each of its hoped-for stores hit [...]
After fining Metro Bank and Starling, which challenger bank will the FCA target next? November 13, 2024 The Financial Conduct Authority has signalled that it is ready to take a hard line against challenger banks for financial crime failings after dishing out hefty fines to young lenders.
Rachel Reeves needs to get real with the fact that we have become too cautious November 13, 2024 Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the ears of our sector and the early signs in government have been positive. The question now is: what will this mean in practice? What is the Chancellor’s vision for financial services [...]
New £500m university science grant can ‘commercialise discoveries’ November 13, 2024 The government has announced it will stump up £500m for 4,700 post-graduate engineering and science university places in a bid to drive long-term economic growth. Science and technology secretary Peter Kyle made the announcement today, with universities and industry set to reap the benefits. The scheme will fund 4,700 new places, equating to around £106,000 [...]
Financing the Future – Saudi Arabia looks to grow its capital market November 12, 2024 Ahead of FII8’s conference in Riyadh, Sir Martyn Lewis interviewed Nayef Al-Athel, Group Chief Sales and Marketing Officer, of Saudi Tadawul Group, the parent company of Saudi Arabia’s stock exchange, for Inside Saudi. Al-Athel talked about the great strides being made in the Kingdom to help facilitate capital flows into Saudi’s growing capital market. Sir [...]
UK could negotiate exemption from Trump tariffs, former Senator says November 12, 2024 Many analysts have suggested that the threat of tariffs might be used as a negotiating technique.