Metro Bank: Natwest, Lloyds and Santander UK consider buying parts of lender – report BANKING The Bank of England has reportedly been canvassing some of the UK’s most high profile banks to gauge their interest in purchasing Metro Bank.
British retailers cheer Christmas sales, but City analysts warn of coming storm retailers Britain’s largest retailers kicked off 2023 strongly last week, posting better than expected Christmas sales, signalling the consumer is holding up a bit better than feared. Tesco’s like for like sales were 7.9 per cent higher, while Marks and Spencer pocketed a 7.2 per cent rise. Sainsbury’s also posted record Christmas sales. Those bumper numbers, [...]
Government and regulators ‘asleep at the wheel’ as UK risks fintech lead NEW SURVEY THE UK risks losing its lead in the race to be the globe’s fintech capital, founders of some of the UK’s most innovative finance firms have warned. One warned that the government was “asleep at the wheel” and not moving quickly enough to update the rule book. According to the Fintech Founders Summer Survey, in [...]
Soho restaurants and cafés hit by Omicron restrictions December 14, 2021 Soho restaurants and cafés have been forced to rip up reservation lists as new Covid-19 restrictions scares punters from the West End.