Two individuals have received prison sentences for making £3m worth of fraudulent mortgage applications following a prosecution brought by the Financial Conduct Authority (FCA). Larry Barreto and Tassib Hussain were …
Estate Planning
William Hill owner 888 announces departure from US with partial sale to Hard Rock Digital
After a strategic review of its business in America, William Hill owner 888 has announced it is pulling out of the US consumer gambling market. The firm, which also owns …
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’
Interest rate cuts are still “a long way off” as policymakers look for further progress on underlying inflation, according to one of the Bank of England’s rate-setters. Jonathan Haskel, an …
Meet the ex-Canary Wharf boss now building a tourist paradise in Saudi Arabia
John Pagano is overseeing one of the most dramatic property developments in the world. The industry veteran tells us why he’s so excited. Sitting not far from Canary Wharf, where he served …
Arbuthnot sees surge in profit after SME deposit growth and ‘helpful’ interest rate hikes
Arbuthnot Banking Group has reported a surge in annual profit on the back of growth in its small business offering and higher interest rates. The London-listed historic private and commercial …
Revenue slumps at Enquest as producer attacks ‘challenging’ North Sea operating environment
Oil producer Enquest saw revenue fall drastically in 2023 but announced a share buyback in a year of trading hampered by lower oil and gas prices and the continuation of …
Chesnara: Insurance administrator plots acquisitions and hikes dividend for 19th straight year
Insurance and pensions administrator Chesnara plans to ramp up its acquisition strategy and raise its dividend for the 19th year in a row on the back of strong annual earnings. …
‘Unnecessarily costly and regulatorily burdensome’: AIM slammed as another firm quits
A second listed business has announced plans to quit the London Stock Exchange’s AIM in as many days. Specialist infection prevention and control specialist Byotrol said its directors have “concluded …
Keysight outbids Viavi in £1.15bn takeover of Spirent Communications
Another UK firm has become the target at the centre of a bidding war between two larger US peers. Earlier this month, the telecoms testing service provider Spirent Communications agreed …
“It’s the Champion’s League of food”: Why one Parisian is all-in on London
LONDON’S hospitality scene is set for another vote of confidence with the opening of a second site by iconic Parisian restaurant group Moma, this time at the Langham Hotel. Mimosa, …