London pension fintech Smart gears up for deals after $95m funding injection May 15, 2023 London-based pensions fintech firm Smart said it was gearing up for a flurry of dealmaking today as it bagged a $95m funding round from a host of big name backers including New York based outfit Aquiline.
Government slashes bank surcharge in boost for the City November 17, 2022 The government has slashed a surcharge on bank profits to three per cent today in a bid to keep the UK's finance industry internationally competitive.
Coronavirus: Barclays, Lloyds, HSBC and RBS suspend dividends March 31, 2020 Barclays, the Royal Bank of Scotland, HSBC and Lloyds Banking Group said tonight they are suspending dividend payments this year because of the coronavirus pandemic. The banks said they had taken the decision after a request from the Bank of England’s Prudential Regulation Authority (PRA). The PRA also said it expected the banks to suspend [...]
Gen-Z needs more digital skills says tech secretary February 20, 2024 Digital skills are crucial for the UK's workforce and the duty to educate lies partly with big tech companies, Michelle Donelan has said.
Exclusive: EY poised to ramp up fintech investment with new London Lab December 14, 2022 EY said it is set to pump millions of pounds into the fintech sector in the next year as it unveiled a new London incubator today designed to cultivate start-ups in the capital.
Number of cash withdrawals in the UK rises for first time in 13 years January 11, 2023 Cash usage increased for the first time in 13 years in 2022, according to fresh data from Nationwide, as Brits responded to the cost-of-living crisis by budgeting with physical money. “For the first time in years we are seeing a natural rise in cash withdrawals as people return to using cash to help avoid getting [...]
Banks to snub Treasury meeting as UK oil and gas sector struggles for financing August 20, 2023 The UK’s oil and gas sector faces the growing prospect of a cash crunch, with the Treasury’s latest attempts to lure lenders unlikely to succeed.
Barclays forgot about the humans in HR February 21, 2020 Barely a day goes by without a think tank, employers’ group or minister talking about the need to improve the productivity or British business, and while this generally conjures up images of factory floors it’s reassuring to know that investment banks are also searching for elusive gains. How else to explain the decision by Barclays [...]
FinnCap shares surge as Panmure Gordon eyes takeover October 18, 2022 Shares in London brokerage FinnCap surged over 30 per cent this morning as it confirmed that City rival Panmure Gordon was eyeing a takeover swoop for the firm.
New era, new challenges as Women’s Super League goes it alone September 20, 2024 Norbiton might seem an unlikely place for a revolution but nothing less than a new era in the history of the Women’s Super League (WSL) is in the offing at Kingsmeadow today. The season opener between champions Chelsea and Aston Villa will be the first fixture to take place since the WSL flew the Football [...]