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News

  • July 31, 2024

One year on, is the consumer duty helping or hindering the City?

Today, the consumer duty’s final deadline comes into force. The set of regulations implemented by the Financial Conduct Authority a year ago has finally been set in stone for so-called closed produc

  • July 31, 2024

GSK: Pharma giant raises guidance after second quarter sales give shot in the arm

London-listed pharma giant GSK has raised its guidance after a strong second quarter beat market expectations, boosted by its cancer and HIV portfolio. Total sales in the second quarter of 2024 reache

  • July 31, 2024

Rathbones profit skyrockets 120 per cent as Investec merger pays off

Rathbones Group's underlying profit before tax skyrocketed 120 per cent in the first half of the year, after its merger with Investec W&I.

  • July 31, 2024

HSBC unveils another £2.3bn buyback in CEO Quinn’s last results

HSBC announced yet another share buyback scheme and upped its guidance for the remainder of the year after beating expectations in the second quarter.

  • July 31, 2024

Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has annou

  • July 31, 2024

Sadiq Khan’s office apologises after failing to probe concerns tied to ex-deputy mayor

The Mayor of London’s office has apologised to a whistleblower after failing to investigate concerns around the business dealings of one of Sadiq Khan’s former deputies, Rajesh Agrawal, City A.M.

  • July 31, 2024

Iconic Millbank Tower evicts tenants ahead of conversion into flats

The landlord of the iconic Millbank Tower, where the Labour Party hatched its landslide 1997 election campaign and Leave.EU cooked up its winning plans for Brexit, has begun evicting tenants ahead of

  • July 31, 2024

Tillit: How one investment platform is trying to change the industry

The CEO of one of the newest DIY investment platforms has called on her competitors to up the quality of their investment information.

  • July 31, 2024

Wizz Air: We are not the worst airline in the UK (after being voted the worst, again)

The Hungarian budget carrier has repeatedly come out bottom of the pile of a number of Which? surveys assessing the UK airline industry.

  • July 31, 2024

The Notebook: If Reeves wants the City onside, she must be clear on her vision

Where the City’s movers and shakers have their say. Today, it’s Lucy McNulty, editor of the Following the Rules podcast, with the pen, talking Treasury-City relations, buy now, pay later, and her

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