Sunday Times Rich List: Who came out on top among a record 171 billionaires? May 21, 2021 Sunday Times Rich List: Record 171 billionaires in the UK, so who came out top?
Nationwide to lend first-time buyers five times their income on long-term mortgage April 20, 2021 First-time buyers with deposits as low as 10 per cent will be able to borrow five and a half times their income when taking out a longer-term mortgage, the UK’s biggest building society said this morning. Nationwide Building Society said that under its “helping hand” initiative, first-time buyers across the UK will have the option [...]
Best of 2021: West Brom and Wales footballer Hal Robson-Kanu on his health drink business, the Turmeric Co, and targeting more Euros glory December 31, 2021 Hal Robson-Kanu has represented Wales nearly 50 times and has played in the Premier League. Here, Frank Dalleres spoke to the 32-year-old about his health drink business and his Euros targets. Originally published 2 May 2021. 2016 was a breakthrough year for Hal Robson-Kanu, and not only because he scored one of international football’s most [...]
City firms and entrepreneurs back Mail’s laptops for kids scheme January 28, 2021 A number of City of London firms have backed a Daily Mail campaign to provide laptops to underprivileged children during the Covid-19 lockdown. Leading entrepreneurs, including Sir Tom Hunter, have also donated significant amounts. The Mail’s campaign aims to put laptops in the hands of all children who would otherwise be without the technology needed [...]
Stuart Rose backs challenger money manager Netwealth in £11m funding round March 29, 2021 Netwealth, the money manager backed by a string of leading City figures, has secured its fourth round of fundraising with total investment reaching £38m. The self-proclaimed challenger wealth manager has completed a £11.3m round which included a cash injection from former M&S boss Stuart Rose. ICAP founder Michael Spencer who previously invested £5m in 2019 [...]
Building consensus on London’s housing priorities November 13, 2020 The housing market has the potential to play a significant role in the UK’s economic and social recovery from the pandemic – but housing in London faces a mounting number of challenges and uncertainties in doing so. That was the verdict of a roundtable held as part of a UK-wide initiative by Lloyds Banking Group [...]
Brits are suffering from home working ‘fatigue’, says Canary Wharf boss March 1, 2021 Brits are ready to return to the office because a year of working from home has left many “fatigued”, a top executive at Canary Wharf Group has said. Howard Dawber, head of strategy at the property giant, said that while working habits may change after the pandemic, people are missing office and city-centre life. “We’ve [...]
London Stock Exchange mulls £300m Covid rescue fund January 23, 2021 The London Stock Exchange is plotting a £300m listed investment vehicle aimed at offering much-needed support to companies hit hard by the pandemic. David Schwimmer, LSE chief executive, has led talks with top City figures and Treasury figures about establishing an investment trust that would list on the index. It is understood the vehicle, dubbed [...]
FCA fines fall by half in 2020 as Covid takes hit on enforcement December 21, 2020 The Financial Conduct Authority handed out £183.6m worth of fines this year, more than half the total bill in 2019. The number of fines has fallen too, from 21 to just ten. Lawyers believe the slowdown is due to the pandemic disrupting enforcement activities, not least the FCA’s ability to conduct witness and suspect interviews. [...]
S&P 500 and Dow hit record highs on upbeat earnings April 15, 2021 The S&P 500 and Dow Jones indexes hit record highs on today, as upbeat earnings reports from companies including Bank of America and Blackrock as well as a strong rebound in March retail sales bolstered hopes of a broader economic rebound. The Dow Jones Industrial Average rose 57.64 points, or 0.17%, at the open to 33,788.53. The S&P 500 [...]