Convicted Libor rigger unable to open a bank account after prison term August 16, 2021 Tom Hayes, who was convicted for rigging Libor interest rates, has said he cannot get paid after seven banks have barred him from opening an account. The former City trader was found to have acted dishonestly in trying to risk the benchmark interest rate while at UBS and Citigroup between August 2006 and September 2010. [...]
Springfield: London-listed affordable homes builder inks new £6.3m contract May 30, 2024 One of Scotland's biggest house builders, Springfield Properties, has won a £6.3m contract to construct more affordable housing in the country.
Royal Bank of Scotland undone by Brexit May 6, 2019 By Graeme Evans from interactive investor. These were a 'noisy' set of Q1 results from RBS, but probably look 'worse than the reality'. Back in the dividend-paying ranks and with shares up by as much as 25 per cent in 2019, The Royal Bank of Scotland (LSE:RBS) provided investors with a reality check as the state-backed lender [...]
Ranked: Monzo tops list of best UK banks as digital services thrive February 15, 2021 Digital fintechs Monzo and First Direct provide better service to customers than traditional banks, according to a recent survey. Ipsos MORI conducted a review of around 1,000 customers from each of the 19 biggest personal current account providers in the UK to rank the best and worst banks. The findings are designed to compare the [...]
Flying high: Former RBS and RSA boss Stephen Hester to be next Easyjet chairman August 23, 2021 City heavyweight Stephen Hester, who led RBS and insurer RSA, has been named the next chairman of budget airline Easyjet. Easyjet this morning named Hester as its director and chair designate. Hester will join the Board as a non-executive director on 1 September and then he will succeed John Barton as the airline’s chair on [...]
UK Infrastructure Bank sets aside £87m to invest in subsea cable factory September 26, 2024 The project is expected to create around 900 permanent jobs on completion, with the facility producing thousands of km of cables each year.
Why is it called the Calcutta Cup? When was it made? Is it from India? Why do England and Scotland compete for it? February 23, 2024 This weekend Scotland host England in the oldest international rugby fixture in the world. The Calcutta Cup has been in Scottish hands for three years thanks to matches in the Six Nations, but when did it start, how did it get its name and who owns it? History of the Calcutta Cup According to the [...]
Octopus Energy calls for £1bn hedging support to finalise Bulb Energy deal July 31, 2022 Bulb's future could finally be settled in the coming weeks, provided the Government coughs up £1bn in taxpayer funds.
Brookfield snaps up UK onshore wind developer in reported $1bn deal October 3, 2023 One of the UK's largest renewable developed has been snapped up by Brookfield in a boost to the country's onshore industry.
Flying high: Former RBS and RSA boss Stephen Hester to be next Easyjet chairman – CityAM : CityAM August 23, 2021 City heavyweight Stephen Hester, who led RBS and insurer RSA, has been named the next chairman of budget airline Easyjet. Easyjet this morning named Hester as its director and chair designate. Hester will join the Board as a non-executive director on 1 September and then he will succeed John Barton as the airline’s chair on [...]