Robinhood-rival Public.com is planning to shutter its UK operations just eight months after launch in order to “focus on US business”, City A.M. has learned. In an email to users,…
UK banks are cautiously paving the way to awarding bigger bonuses after the financial watchdogs scrapped the cap on variable pay last year. The Prudential Regulation Authority and Financial Conduct…
The chief executive behind Rolls-Royce’s remarkable share price turnaround has outlined his view on what’s changed at the engineering giant. Tufan Erginbilgic, fondly nicknamed ‘Turbo Tufan, highlighted his close management…
The former architect of Labour’s infrastructure planning policy has lashed out at the government to update the UK’s energy system to meet net zero targets on time. A letter sent…
Citigroup has appointed JP Morgan veteran Vis Raghavan to head up its new banking division as the Wall Street giant embarks on a mammoth restructuring. Raghavan was promoted to head…
Temu, the ultra cheap Chinese retailer, is forecast to rack in $40bn (£31bn) in gross merchandise value (GMV), as it continues to spawn the western retail market. Analysts at Jefferies…
Shares in online retailer and automation giant Ocado fell by over six per cent this morning following a report over the weekend that its retail partner, Marks and Spencer is…
Except for talking about the weather, queueing politely, and cricket, there are few things more typically British than afternoon tea, with its cucumber sandwiches, Earl Grey, and warm scones. So,…
Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down.” The business and trade secretary, with trade policy…
A budding economic recovery and a later start to the Bank of England’s interest rate cuts will support sterling over the coming weeks, analysts predict. On Monday sterling was trading…