London expansion picks up pace for Spanish bank Alantra as series of hires give boost to the City July 31, 2023 Spanish investment bank Alantra has made a series of new hires in the year so far as its push into the London market picks up the pace. So far this year it has brought in Graham Nicoll from Barclays to lead its Midlands team while Sulaiman Bosha has joined from Crito Capital as a managing [...]
Metro Bank has learned ‘the hard way’ about costly branches, analysts say November 30, 2023 Metro Bank today announced a shift in strategy as it prepares to lay off 20 per cent of staff, considers cutting opening times and tries to simplify its business model to become more cost-efficient.
More than £1tn languishing in low-interest savings accounts as Brits urged to shop around February 5, 2024 More than £1tn of savings is languishing in low-interest accounts, according to an analysis of Bank of England data, as Britons are urged to shop around for the best deals.
What now for Standard Chartered, and why is the bank still a takeover target? February 15, 2023 Standard Chartered found itself the target of takeover talks last week, after Bloomberg reported that First Abu Dhabi Bank was ready to make an offer once the cooling off period from its last offer, which had been just weeks earlier in January, had passed. The rumours were quickly quashed by First Abu Dhabi Bank (FAB), [...]
The must-read column: Kleinman on the City March 21, 2024 The City's best-connected columnist on the Telegraph, the new football regulator and the NatWest share sale
London house prices: Best time to buy since 2016, experts say, but it won’t last January 29, 2024 House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts.
Microsoft’s £2.5bn investment in UK data centres is a ‘turning point’, says Sunak November 30, 2023 Prime Minister Rishi Suank has described a major investment by Microsoft into UK data centres as a "turning point" for the nation.
Burberry: How low will ‘lost’ luxury fashion label’s shares go after FTSE 100 relegation? September 11, 2024 Burberry’s share price just keeps dropping and the decline is has shown almost no signs of slowing down for more than a year. It hit a 15-year low of 565p this week, after reaching a 14-year low in July, after hitting an all-time high of £2,690p last April. It is set to drop out of [...]
Hydrogen electric aircraft start up nets £32m from UK Infrastructure Bank November 27, 2023 Hydrogen-electric aircraft developer Zeroavia has secured the banking of the UK infrastructure bank in its latest fundraising round.
Why Whatsapp fines and data fears are reviving the ‘work phone’ January 23, 2024 Regulators have been clamping down on Whatsapp use in financial services - now the work phone may be making a combeack.