Barclays Loses Landmark Car Loan Court Case With Billions at Stake
In a significant blow to the UK banking sector, Barclays has announced plans to appeal after losing a crucial High…
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Financial Services
Britain’s First Pension Superfund Secures Landmark Deal With Wates Group
Clara-Pensions has achieved a groundbreaking milestone by securing its first conventional employer deal, assuming…
Vanguard UK Platform Fee Shake Up Hits Small Investors With New Monthly Charge
British investment giant Vanguard is implementing significant changes to its fee structure for UK platform users,…
HSBC Set to Scale Back Retail Banking Operations Beyond UK and Hong Kong Markets
HSBC, one of the world's largest banking organisations, is undertaking a strategic review of its retail banking…
UK Financial Regulators Face Mounting Pressure to Address Social Class Disparity…
Leading social mobility organisations have called upon UK financial regulators to mandate reporting of employees'…
St Jamess Place Abandons Luxury Events in Major Corporate Image Overhaul
Britain's largest wealth manager, St James's Place (SJP), has made the decisive move to terminate its annual…
Standard Chartered Sets Ambitious £200 Billion Pounds Target for Wealth Management…
Standard Chartered has unveiled plans to secure £200 billion in new assets, capitalising on clients seeking to…
EY Set To Cut 150 Senior Consulting Roles Amid Market Slowdown
Britain's EY is preparing to slash 150 senior consulting positions as the professional services giant grapples with…
McKinseys Secretive 48 Billion Hedge Fund Revealed
A shadowy investment powerhouse has emerged from within the halls of global consulting giant McKinsey, managing a…
Nationwide Books Massive £23 Billion Pound Gain Following Virgin Money Acquisition
In a significant financial development, Nationwide Building Society has recorded an extraordinary £2.3 billion…
Professional Services Sector Emerges as Primary Engine of UK Economic Growth 2024
The UK's professional services sector has established itself as a crucial catalyst for economic growth in 2024,…
Citigroup Slashes Annual Staff Promotions Amid Extensive Banking Overhaul
The organisation's decision primarily affects 'in-seat promotions', where employees traditionally receive pay…
UK Chancellor and Bank of England Governor Unite in Call to Strengthen EU…
In a significant development at the annual Mansion House dinner, Chancellor Rachel Reeves and Bank of England…
Direct Line to Slash 550 Jobs in Major Restructuring Drive as Premium Income Falls
Insurance giant Direct Line has announced plans to cut approximately 550 jobs, representing 5% of its workforce, as…
UBS Reports Significantly Higher Than Expected Profits
UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading…