London might have a new house to top its super-prime rankings: a luxury flat at One Hyde Park is reportedly on sale for £175mn. According to TimeOut, the five-bedroom flat …
April 2024
BBVA approaches TSB owner over £60bn Spanish bank merger
Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, has approached smaller domestic rival Banco Sabadell over a merger that could create a group worth roughly €70bn (£60bn). BBVA …
Shein cash giveaways similar to Temu’s raise data privacy issues
Chinese e-retailer Shein appears to be adopting a similar strategy to younger rival Temu, which recently came under fire for offering cash giveaways in exchange for permanent access to extensive …
Bank of England’s bond purchases could cost taxpayers £85bn
The government might have to foot a bill worth £85bn as the Bank of England unwinds its programme of quantitative easing, new forecasts suggest. The latest estimate, released today in …
Pitchside access, front row seats and coaches’ briefings: How football is selling ‘inside the ropes’ experiences
Liverpool’s new sponsorship deal with Axa shows how football is beginning to follow other sports by letting outsiders inside the ropes. Look a little closer next time Liverpool take to …
Card Factory: Shares rocket as investors cheer ‘solid’ performance
Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue. …
Cinco de Mayo: Raise a glass with a fine tequila or mezcal
Contrary to popular belief, Cinco de Mayo is not Mexican Independence Day. That is 16 September, and commemorates the 1810 call to arms which led to the expulsion of the …
Explained: The UK’s Chinese electric vehicle insurance quandary
If the UK needed any more evidence of China’s growing dominance in the electric vehicle space, the Beijing Motor Show has provided it. In China’s capital this week, the show …
Lloyds, HSBC, Barclays and Natwest results show consumer strength amid higher rates
UK households appear to continue to be withstanding the pressure from higher interest rates with the country’s largest banks all lowering the amount of cash set aside for bad loans. …
London to be boosted by £1bn mixed use property development in Blackfriars
A property developer has been given the green light for a £1bn mixed-use office and residential redevelopment at 18 Blackfriars in London, the site of the former Sainsbury’s headquarters. Much …