Glencore: FTSE 100 miner mulls ditching London
Glencore became the latest company to warn it could ditch its London listing today in a move that has been described as a “sucker punch” to UK markets. Speaking to the media after the miner’s re
TDR Capital looks to refinance education provider BPP after sale fails
Private equity giant TDR Capital is looking to refinance BPP Holdings, the UK-based provider of professional and academic education, after failing to sell the educational training institution. TDR was
Chase tops UK banking charts
According to an Ipsos poll, Chase UK is the top-rated consumer bank in Britain. It joins digital banks Monzo and Starling, which have long topped the charts. Kuba Fast, Chase’s UK CEO, said: “Thes
UK businesses are struggling to implement AI. Here’s why
It has been claimed that artificial intelligence (AI) could contribute £200bn to the UK economy. Yet, businesses are struggling with adoption due to a lack of expertise, high costs, and regulatory co
HSBC pushes net-zero target back 20 years
HSBC has put a 20-year delay on its climate target which aims to reduce emissions across the bank’s operations. Announcing its annual results Wednesday morning, the FTSE 100 giant’s new boss Georg
Vitality: Health and life insurer slips into the red despite £100m sales boost
Health and life insurer Vitality slipped into the red despite its revenue surging by almost £100m during its latest financial year, it has been revealed. The London-headquartered group has posted a l
Treasury confirms shift to one-day settlements as Rachel Reeves calls in City bankers
Chancellor Rachel Reeves has confirmed that the UK will move to a ‘T+1’ standard for settling securities trades from 2027. She is meeting with chiefs of investment banking and asset management fir
Very Group returns to half-year profit despite sales decline
Very Group returned to making a half-year profit during the final six months of 2024 despite a fall in sales. The Merseyside-headquartered business, which includes Littlewoods, has reported a pre-tax
The Debate: Should we use AI for everyday work tasks?
Is using AI for emails and note taking a no-brainer, or do we risk losing valuable skills? Our writers hash it out in this week's Debate.
Conduit Holdings shrugs off catastrophe losses
Despite rising catastrophe claims, Conduit Holdings, the Bermuda-based reinsurance business, has reported a jump in gross premiums written for the 2024 financial year. Gross premiums written reached $