Qatar Group Confident in Winning Manchester United Race
The Qatari group, led by Sheikh Jassim bin Hamad J.J. Al Thani, is growing more confident that it has won the bid…
Quantitative easing will end with central bank bailouts
The miracle drug of quantitative easing, which prevented the financial crisis from becoming a repeat of Great…
The creator of ChatGPT chooses London as its first office outside the US
ChatGPT, the company behind ChatGPT, is opening its first office outside of the US in London. This will help …
UK manufacturers warn Brexit will undermine their place in EU supply chain
Dave Seaward is concerned by recent "big pharma' investments" in Ireland, including those of Pfizer and…
Pension schemes say London listing reforms will damage City
The UK's financial regulator's plans to encourage more companies list their shares in London has sparked a hostile…
Drax says it will not keep UK coal plants operating this winter
The owner of Britain's only coal-fired power plant has decided not to keep it open during the winter. This is…
Economists find Germany’s inability to attract investment alarming
According to a leading institute of economics, Germany's ability in attracting business investment has suffered an…
The central bank chiefs have warned that interest rates will continue to rise
As they warned that tight labour markets continue to push up wages and costs, the world's central bankers signalled…
Fed predicts that big US banks will lose $541bn if a doomsday situation occurs.
According to the Federal Reserve's annual stress tests, the largest US banks could lose $541bn under a hypothetical…
As the crisis worsens, the UK government is considering nationalising Thames…
Investors and the government are preparing for a possible collapse of Thames Water, which is heavily indebted.…
German bond market warns of Eurozone recession
Investors in German bonds are increasing their bets on the European Central Bank raising interest rates, which will…
HSBC’s exit is a sign that Canary Wharf has been struggling to recover from…
8 Canada Square in London, which houses HSBC’s global headquarters, and bears the HSBC logo, is a symbol for Canary…
Vladimir Putin claims that Russian state paid billions to Wagner paramilitaries
Vladimir Putin said that the Russian state paid billions to the Wagner paramilitary organization, as new details of…
Pre-tax profits of Wise Companies up 234% due to rising interest rates
Wise's annual profits before tax have increased by 234 percent to £146.5 Million, a 36-fold increase.
The…
CAB Payments to float in London at a valuation of £850m
After announcing that it aimed to achieve a valuation of around £850 million through a flotation, a cross-border…
Primark’s owner ABF: Retailers have nowhere to hide.
Yesterday, Associated British Foods rebuffed claims that the grocery industry may profit from high inflation…
UK and EU Sign Memo on Post-Brexit Finance Regulation
On Tuesday, the UK and European Union signed an long-awaited Memorandum of Understanding on Financial Services.…
Lucid scores a much-needed win with Aston Martin EV order
Aston Martin Lagonda Holdings plc, and Lucid Group Inc. have a lot to boast about when it comes to their plan to…