Coventry Building Society agrees terms to buy Co-op Bank for £780m
Coventry Building Society has agreed terms to buy The Co-operative Bank for £780m as a wave of consolidation sweeps through the mid-sized banking sector.
Interest rates and the green economy: The carbon cost of higher for longer
The high capital intensity and low returns on green projects make them particularly vulnerable to high rates.
Badenoch accuses FCA of ‘overreach’ with diversity rules
Kemi Badenoch has accused the Financial Conduct Authority of regulatory “overreach” on diversity and inclusion after the watchdog outlined plans to boost representation in the City.
Boeing whistleblower ‘ignored’ after flagging alleged manufacturing shortcuts
A Boeing whistleblower has claimed that he was repeatedly ignored after raising concerns about alleged manufacturing shortcuts at the airplane maker.
Shein still keen to buy Topshop from Asos
Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.
Costa Coffee win helps digital agency Idhl grow ahead of US expansion
Idhl, a digital agency backed by the owner of Burger King's UK arm and Hobbycraft, has said winning new clients such as Costa Coffee helped its revenue edge closer to £40m during 2023.
City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers
Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argue
Insolvency expert Manolete Partners reports revenue growth as higher interest rates bite
Manolete Partners, the insolvency litigation financing company, overall revenue jumped by 26 per cent, as the business benefits from uplift of the temporary suppression of insolvencies.
Keystone Law: Revenue hits nearly £90m after taking on 50 new senior lawyers
Keystone Law has recorded a strong double-digit growth in both revenue and profit over the last financial year, as the listed London firm recruited over 50 new principals.
Cathie Wood’s ARK expands to Europe despite poor performance
Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in w