Complaints over misselling of suitable financial advice skyrockets April 3, 2024 The number of complaints against financial advisers for misselling in the suitability of advice in the 2022/23 financial year reached 884, compared to just 570 in the previous year, analysis from Oxford Risk revealed.
Former Tottenham Hotspur owner Lewis set to be sentenced this week over insider trading April 1, 2024 The former owner of Tottenham Hotspur Joe Lewis is this week set to be sentenced after pleading guilty to insider trading in the United States. The 87-year-old Londoner is due to learn his fate on Thursday 4 April when his sentence is handed down by US district judge Jessica Clarke in New York. He pleaded [...]
Rachel Reeves to promise Treasury reform as Labour party promises ‘new chapter’ for Britain March 19, 2024 Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture.
DFS issues Red Sea delivery delays warning as furniture giant slashes expectations March 19, 2024 DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.
UK consultancy market expected to flatline in 2024, after a dive in growth last year March 18, 2024 The UK’s consulting market grew by 4.7 per cent across 2023 to revenues of £15.2bn, which was down on the 15.6 per cent growth recorded over 2022.
TP Icap stock surges 10 per cent on energy market boom March 12, 2024 TP Icap cited the "improved market activity across oil, power and gas," due to the disruptions caused by the war in Ukraine, which pushed up trading activity.
Profit slips at the Co-op Bank as Coventry Building Society continues to circle February 28, 2024 Despite seeing an increase in net interest income, thanks to higher interest rates, the bank saw costs increase significantly which dented its bottom line.
Politicians promising growth must not forget about financial services February 26, 2024 In a recession, the UK should remember its greatest strength: financial services, argues Chris Hayward
Post Office row: Top civil servant denies telling Henry Staunton to delay payments February 22, 2024 A senior civil servant has denied tellilng former Post Office chairman Henry Staunton to delay the Horizon IT compensation payments.
Gilts opened up to retail investors as Treasury seeks new sources of demand February 22, 2024 The changes will allow retail investors to participate in the auctions for the first time, meaning investors can benefit from the slightly discounted prices attached to new bonds.