Banks at risk from exposure to ‘opaque’ private equity sector, regulator warns January 9, 2024 Benjamin, who will be joining the Bank of England's Financial Policy Committee (FPC), noted that UK businesses now get as much funding from the non-bank sector as from traditional lenders.
Financial sector contracts for the first time in over three years, CBI survey finds January 9, 2024 Both banks and insurance firms reported a drop in volumes, although investment management firms returned to growth.
‘Systemic shocks should be anticipated’: how will the financial system fare in 2024? January 2, 2024 Although interest rates are unlikely to go any higher, risks remain as borrowers will continue to roll off contracts agreed when interest rates were near zero.
Political deaths in 2023: The famous faces we said goodbye to this year December 26, 2023 As we end the year, it’s time to look back at the lives of those we lost from Westminster throughout 2023.
Jeremy Hunt signs ‘groundbreaking’ financial services agreement with Switzerland December 22, 2023 Chancellor Jeremy Hunt has signed what he called a “groundbreaking” deal with Switzerland on financial services.
UK to sign financial services deal with Switzerland December 20, 2023 Chancellor Jeremy Hunt is set to ink a financial services deal with Switzerland in a bid to ease business transactions with UK firms and individuals.
Spearheading Ethical Asset Management for Urban Sustainability December 3, 2023 | Sponsored Ethos Ventures’ Michael Whealon: In an engaging interview, Michael Whealon, Partner at Ethos Ventures Asset Management, sheds light on the firm’s strategic approach to asset management, particularly its alignment with sustainable and ethical urban development. Whealon articulates the need for a nuanced understanding of ethical finance within the framework of sustainable urban development. Addressing the [...]
Government ‘mixed messages’ put financial sector green progress at risk, MPs warn November 29, 2023 The financial sector’s progress towards net zero risks stalling due to “mixed messages” from the government on green issues, a group of MPs have warned.
Bim Afolami: What does the Square Mile make of their new City minister? November 22, 2023 City grandees have urged new minister Bim Afolami to work with them on developing “competitive” regulation and improving entrepreneurship across the Square Mile.
Labour: City of London can help Britain better target its foreign aid November 16, 2023 Labour’s Lisa Nandy has suggested the City of London can play a key role in helping Britain better target its foreign aid budget towards “extreme poverty”.