Pension firms, insurers and international investors are cautioning the government that proposed leasehold reforms may jeopardise substantial investment in Britain unless ministers reconsider Labour’s commitment to overhaul the country’s ground
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The High Court is set to hear claims that Lloyds Banking Group could be liable for more than 280 million pounds in damages following its involvement in the Arena Television
Curve, the London-based payments technology company once projected for a multibillion valuation, has been acquired by Lloyds Banking Group for £120 million. The sale draws a sharp contrast with previous
One of the United Kingdom’s leading lenders has come under fire for using data from the bank accounts of more than 30000 employees as part of its salary negotiation process.
In an unprecedented intervention by central government, Woking council is set to receive a £500 million taxpayer-funded bailout in the wake of a radical restructuring of local government across Surrey.
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
BlackRock, the world’s largest asset manager, is set to launch its inaugural bitcoin exchange traded product in Britain this Monday. This move will enable sophisticated retail investors in the UK
Peter Hargreaves, co-founder of Hargreaves Lansdown, the iconic UK investment platform, has stepped down from the company board and entrusted a non-executive directorship to his son, Robert Hargreaves. This move
The process to find a buyer for Lady Lynn Forester de Rothschild’s significant minority stake in The Economist Group has commenced, signalling the first substantial change in the publication’s ownership
British firms are now at the forefront of the global anti-money laundering sector, a booming market propelled by ever-tightening regulatory pressure and advances in artificial intelligence. Recent industry figures estimate
Hopes for a revival in London’s IPO market have been reignited by Shawbrook’s formal announcement of its intention to float on the main market of the London Stock Exchange. The
Britain is making rapid strides towards a cashless society, with the use of coins and banknotes reaching a historic low last year. According to new data from UK Finance, just
Bibby Line, the family-owned business at the centre of fierce debate over the Bibby Stockholm asylum ship, has reported a surge in profits after its marine division rebounded sharply in
Close Brothers has been dealt a significant blow as the bank announced an additional £33 million provision to reimburse customers for overpayments within its car loans division. This charge compounds
The Financial Conduct Authority (FCA) has made a significant move to ease recently introduced consumer regulations after pressure from Chancellor Rachel Reeves to cut back on burdensome red tape. 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
