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News

  • June 14, 2024

Barclays ordered to review exposure to private equity

The UK's main banking regulator has reportedly instructed Barclays to review its leveraged finance unit amid growing concern over how lenders are measuring their exposure to private equity.

  • June 14, 2024

Brits have absolutely no idea where inflation is, survey suggests

Rishi Sunak is keen to tell Brits inflation has fallen - but the public doesn't appear to have noticed, a new Bank of England survey suggests.

  • June 14, 2024

Sharps Bedrooms: Showrooms axed as Covid-19 shopping boom well and truly over

The company behind fitted furniture retailer Sharps Bedrooms has axed more showrooms as it struggles to keep up with rising wages amid its second loss-making year in a row.

  • June 14, 2024

CMA launches investigation into £2.5bn Barratt-Redrow merger

The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.

  • June 14, 2024

‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market

Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do w

  • June 14, 2024

CAB Payments confirms new boss less than a year after disastrous London float

CAB Payments has confirmed that veteran banker Neeraj Kapur has taken over as its new chief executive.

  • June 14, 2024

Nationwide urges members to back tripling of chief’s maximum bonus

Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street ri

  • June 14, 2024

Keywords Studios: EQT closes in on £2bn takeover

Videogame developer Keywords Studios has extended a deadline for its takeover by EQT today as the private equity giant puts the final touches to a deal worth more than £2bn.

  • June 14, 2024

Harworth Group: Green light for logistics hub at major Northern rail interchange

Property developer Harworth Group has been given the green light to build a 1.5 million sq ft industrial and logistics hub.

  • June 14, 2024

Bankers fired for ‘simulating’ being at their keyboards

Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.

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