FLUTTER said yesterday that New York would be its “natural home” in another blow to London’s bruised and battered stock exchange. The owner of PaddyPower and – more pertinently – …
Investing
UK’s record energy transition investment needs to double to hit net zero targets
The all-time high energy transition investment levels seen in 2023 will need to triple and remain consistent through the next six years to meet net zero targets, a new report …
HSBC fined £57.4m by Bank of England’s PRA over historic depositor protection failings
HSBC has been fined £57.4 million by the Bank of England’s Prudential Regulation Authority for “serious failings” over customer deposit protection. The fine represents the second highest penalty ever imposed …
Diageo: Volumes slips in every region but Latin American horror show drags profits south
Diageo, the drinks giant behind Guinness and a host of top-shelf spirits, has seen growth slip in every region across the world, dragging profits sharply southward. The FTSE 100 firm …
High interest rates hurt but they might just be the medicine UK productivity sorely needs
A post Global Financial Crisis policy of zero interest rates has facilitated investments which deliver poor returns, writes James Sproule Productivity is often seen as the key for sustainable growth. …
PayPal co-founder Peter Thiel and former Coinbase figure invest in the Enhanced Games, a drug friendly Olympics alternative
The billionaire co-founder of PayPal Peter Thiel has invested in the drug friendly alternative to the Olympics, the Enhanced Games. The Enhanced Games has promised the freedom to use banned …
Bunq mulls London IPO as European neobank plots Monzo and Revolut UK challenge
European fintech and neobank Bunq has applied for a UK electronic money institution (EMI) licence as it looks to capture market share from the likes of Revolut and Monzo ahead …
UK Finance boss: City’s post-Brexit ‘challenger’ role takes ‘some getting used to’
David Postings is the man responsible for putting the country’s financial services industry on the government’s agenda. Despite well-reported headwinds, he’s optimistic for the future. Top of the world? That …
Moving markets: Five things shaping the FTSE 100 today
Moving Markets Today: Asian Stocks Firm Post Wall Street’s Record Highs, Oil Prices Surge Amid Middle East Tensions, Attention Shifts to Fed, BOE, and Q4 Tech Earnings U.S. stocks rose …
An ode to Spoons – a bastion of cheap pints and a steward of civic heritage
Come for the prices, stay for the history: in many of Britain’s towns, “Spoons” has become the chief steward of civic heritage, writes Adam Hawksbee You could easily miss The …