Barclays halts job cuts while coronavirus crisis ongoing April 14, 2020 Barclays has halted new job cuts while the coronavirus is ongoing the bank said in a memo. Barclays said it is also supporting staff in the process of being made redundant, the memo seen by Reuters said. The lender said it would support staff by paying up to 80 per cent of an employee’s wages [...]
Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence June 13, 2024 Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.
NatWest to shutter two London branches in latest round of closures taking UK total to 66 January 26, 2023 Natwest will close a further 23 branches between April and June this year, including two in London, as the shuttering of its presence on Britain’s high streets picks up pace. The closures add to the 43 branches Natwest has already confirmed will be closing in 2023. Only two of the branches – Clapham High Street [...]
FTSE 100 close: London index slips after of Bank of England interest rate hike March 23, 2023 London’s FTSE 100 slipped lower today after the Bank of England’s hiked interest rates for the eleventh time in a row. The capital’s premier index dropped 0.89 per cent to just under 7,500 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, lost 0.15 per [...]
FTSE 100 close: Stress over US debt ceiling talks drag London index as IMF ditches UK recession forecast May 23, 2023 London’s FTSE 100 nipped lower today as investors zeroed in on the latest developments in talks between Republicans and Democrats about raising the debt ceiling. The capital’s premier index slipped 0.1 per cent to 7,762.96 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
FuturePlus Becomes Strategic Sustainability Partner to Sustainable Ventures, Europe’s Leading Climate Tech Hub May 20, 2024 New collaboration marks a significant step towards fostering comprehensive sustainability and ESG management and reporting within the Sustainable Ventures ecosystem Sustainability management and ESG reporting platform FuturePlus has agreed a strategic partnership with Sustainable Ventures, Europe’s leading climate tech hub. Sustainable Ventures helps climate startups and entrepreneurs across the UK to scale through investment, workspaces [...]
Train operators given ‘revised mandate’ for latest union talks, Mark Harper says January 15, 2023 Train company bosses will be working with a “revised mandate” which could include a better pay offer as they enter the latest round of talks with unions, the transport secretary has suggested. Mark Harper said train operators have been given his “permission” to make a new offer to the trade unions. The minister claimed he [...]
Banks agree to protect freedom of expression after Farage furore July 26, 2023 Bank bosses today agreed to protect freedom of expression after they were hauled in for talks with City minister Andrew Griffith following the closure of Nigel Farage’s bank account. In a meeting today with bank bosses in the Treasury, representatives from Natwest, HSBC, Nationwide, Lloyds, Santander and Barclays committed to not ‘debank’ customers because of [...]
Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]