The Financial Conduct Authority is proposing sweeping changes to regulations for investors taking short positions against UK listed companies. Under the new rules, individual investors who hold net short positions
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HSBC’s chief financial officer has raised a red flag regarding growing risks in the private credit market, expressing particular concern about hedge funds and smaller banks with significant exposure to
OpenAI has completed a sweeping corporate restructuring that values the firm at a staggering $500 billion dollars and brings Microsoft’s ownership of the ChatGPT maker to a substantial 27 per
An investigation by MPs has revealed that billions of pounds have been wasted by the Home Office on housing migrants in hotels, as a result of flawed contract management and
HSBC is facing a substantial blow of $1.1bn (£826m) following a loss in a protracted legal battle linked to Bernie Madoff’s infamous Ponzi scheme. The banking giant has announced it
The chief executive of the Financial Conduct Authority, Nikhil Rathi, is embarking on a mission to Detroit this week to secure backing for the regulator’s controversial £11 billion consumer compensation
Savers across the UK may be poised for a significant shake-up in how their Isa allowances work as the Chancellor prepares to encourage investment in British shares. Sources close to
The Malaysian owners of Battersea Power Station are weighing a potential sale of the iconic building, which market agents believe could achieve a price approaching £2 billion. Permodalan Nasional Berhad
Pakistan International Airlines is preparing to resume direct flights to Britain for the first time in over five years, following the lifting of a ban imposed after a scandal surrounding
Lloyds Bank has stated it will contest the Financial Conduct Authority’s (FCA) expansive plans for an £11bn car finance compensation scheme, after the mounting cost of the scandal significantly hit
Barclays has faced a fresh setback after the collapse of US subprime lender Tricolor resulted in a £110 million impairment, casting a shadow over its latest quarterly results. The FTSE
Tesla has reported record revenue in the third quarter, driven by a significant rush from buyers in the United States aiming to take advantage of expiring electric vehicle tax credits.
Britain’s national security is under fresh scrutiny following stark warnings from Nikhil Rathi, head of the Financial Conduct Authority, who highlighted critical vulnerabilities stemming from the country’s failure to prioritise
The UK government’s borrowing costs have hit an 11 month low, offering Chancellor Rachel Reeves a welcome windfall just weeks before the autumn budget. Yields on 10 year government bonds,
Andrew Bailey, governor of the Bank of England, has voiced deep concern over the striking similarities between recent developments in US private credit markets and the conditions that preceded the
Shares in Playtech plummeted by more than twenty per cent following revelations that the London-listed gaming technology firm commissioned Black Cube, a controversial intelligence agency once engaged by Harvey Weinstein,
