Britain’s financial services industry is drawing inspiration from the past as it seeks to revive the culture of retail investing that flourished under Margaret Thatcher. The movement aims to bring
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Revolut has come under renewed regulatory examination following revelations that its billionaire chief executive Nik Storonsky has shifted his residency from the United Kingdom to the United Arab Emirates. The
JP Morgan Chase has unveiled plans for a three-billion-pound office tower at Canary Wharf, marking a substantial investment in the UK financial sector. The new building, which will span three
Revolut has solidified its status as a leader in Britain’s financial technology sector following a share sale that valued the company at seventy five billion dollars. This valuation marks a
Monzo has encountered mounting tension among its investors following the unexpected resignation of chief executive TS Anil last month. Shareholders at the digital bank expressed surprise over Anil’s swift exit,
Dame Susan Langley, recently inaugurated as the Lady Mayor of the City of London, is determined to redefine the public perception and impact of her post. Now only the third
In recent years, the City of London has established itself as the foremost international hub for trading the Chinese renminbi outside of China, reflecting the growing and complex financial relationship
Since the 2016 referendum, the City of London has wrestled with the repercussions of Brexit, witnessing its position among Europe’s financial capitals dented and its renowned productivity engine flagging. As
The City of London is set for a major shake-up as UK regulators loosen bonus rules for bankers, aiming to fortify the Square Mile’s standing amongst the world’s top financial
A leading City wealth management firm has come under the spotlight for requiring its Dubai trainees to make at least 100 calls a day, as regulators move to tighten restrictions
Revolut has announced plans to invest £3 billion in the United Kingdom over the next five years, as the fintech leader intensifies its pursuit of a full banking licence. Chief
Britain’s largest investment platform is set to shake up the savings landscape as Hargreaves Lansdown unveils its first easy access cash Isa, developed in partnership with challenger bank Shawbrook. The
The Financial Conduct Authority (FCA) has confirmed that cryptocurrency firms will be exempt from the key consumer protection rules found within its new Consumer Duty framework when the regulator extends
The London Stock Exchange Group is actively weighing the introduction of 24 hour trading to enhance the United Kingdom’s standing as a premier destination for investors. This possible shift comes
London-listed insolvency specialist Begbies Traynor has witnessed its profits nearly double, capitalising on an increase in large-scale corporate collapses. The firm’s profit before tax soared from £5.8 million to £11.5
A newly emerging scandal in the car finance industry could result in compensation payouts that rival the infamous payment protection insurance (PPI) debacle, according to recent reports. More than 23
