PwC cuts Friday half-day perks for UK staff during the summer July 11, 2024 PwC has issued a warning internally to its UK employees that it will be cutting Friday half-days perks while bonuses for some parts of the UK business will be reduced
Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
Holy High Court: Vatican’s historic trial over West London property begins June 26, 2024 In a hot and busy courtroom in London the legal parties for the Vatican and a City financier set out their arguments as the two week trial kicks off
UK defence sector raked in £28bn last year as war drives military spending June 26, 2024 The UK defence sector grew by 36 per cent between 2013 and 2023 and raked in £28bn last year as war drives military spending globally, according to a new report.
UK tech diversity body to shutter as sector faces ‘going backwards’ June 18, 2024 A UK government-funded body working to increase diversity in the tech sector has decided to close despite saying there is a "real risk of going backward".
Firms still face ‘significant pressure’ despite slight decline in insolvencies June 18, 2024 Last year saw the highest number of company insolvencies since 1993, with 25,000 firms going under.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Government champion needed to tackle over-regulation, City lobby group says June 3, 2024 A City lobby group has called on the next government to tackle regulation that drags on international competitiveness of the financial sector.
PwC’s UK media team set to move to Mediasense May 30, 2024 It is the company's first major acquisition since private equity firm Apiary Capital bought a majority stake in Mediasense three years ago.
Jefferies and Investec poach top investment bankers from Citi May 22, 2024 Wall Street giant Jefferies and South African group Investec have poached two top investment bankers from rival Citigroup to bolster their UK operations.